Microsoft Corporation

MSFT Technology Software Infrastructure

Microsoft Corporation’s revenue for fiscal 2026 (year ended June 2026) was $331.8 billion, up 17.8% from fiscal 2025.

Revenue
+18.8%
EPS
+32.2%
Free cash flow
−27.4%
Total debt
−17.9%

Quarter to September 2026, against a year earlier

531.36 4.57 −0.85%
Market cap
$3.98T
P/E
27.7×
Fwd P/E
26.2×
Dividend yield
0.69%
F-score
6/9
Altman Z
7.04
Beneish M
−2.62
Dividend safety
93/100

Microsoft Corporation (MSFT) Net margin

Alert me on Net margin

Microsoft Corporation's net margin over the twelve months to 30 September 2026 was 41.2%, up 0.9 percentage points from fiscal 2026 (40.3%). Over the past ten years it has ranged from 13.0% (fiscal 2015) to 40.3% (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

Embed this chart

Annual newest first

Period Net margin Change (points)
FY2026 40.3% 4.16
FY2025 36.2% 0.19
FY2024 36.0% 1.81
FY2023 34.2% (2.54)
FY2022 36.7% 0.24
FY2021 36.5% 5.49
FY2020 31.0% (0.22)
FY2019 31.2% 16.16
FY2018 15.0% (11.37)
FY2017 26.4% 3.86

Quarterly newest first

Period Net margin Change (points)
Sep 2026 39.7% (0.05)
Jun 2026 39.7% 1.40
Mar 2026 38.3% (8.98)
Dec 2025 47.3% 11.60
43 more quarters

Against its own ten years

Low 13.0% High 40.3%
Ten-year median 32.7%
Current reading's percentile 100

Net margin against peers

Company Net margin
PLTR Palantir Technologies Inc. compare 50.3%
MSFT Microsoft Corporation 41.2%
FTNT Fortinet, Inc. compare 29.0%
ORCL Oracle Corporation compare 26.1%
SNPS Synopsys, Inc. compare 11.4%
PANW Palo Alto Networks, Inc. compare 2.67%
XYZ Block, Inc. compare 1.80%
CRWD CrowdStrike compare 0.83%
NET Cloudflare, Inc. compare −8.75%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 1.14%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

More on MSFT