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Saturday 17 October 2026 Export MSFT’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 17.8%, EPS grew 31.7%, free cash flow fell 23.2% and total debt fell 6.62%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three; insiders bought in the last twelve months.

529.05 10.39 −1.93%
Market cap
$4.01T
P/E
29.4×
Fwd P/E
21.3×
Dividend yield
0.69%
F-score
6/9
Altman Z
7.04
Beneish M
−2.62
Dividend safety
96/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Microsoft Corporation (MSFT) Operating margin

Alert me on Operating margin

Microsoft Corporation's operating margin over the twelve months to 30 June 2026 was 46.8%. Over the past ten years it has ranged from 19.4% (fiscal 2015) to 46.8% (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%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 46.8% 1.16
FY2025 45.6% 0.98
FY2024 44.6% 2.87
FY2023 41.8% (0.29)
FY2022 42.1% 0.47
FY2021 41.6% 4.56
FY2020 37.0% 2.89
FY2019 34.1% 2.37
FY2018 31.8% 1.71
FY2017 30.1% 1.45

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 45.1% (1.22)
Mar 2026 46.3% (0.76)
Dec 2025 47.1% (1.78)
Sep 2025 48.9% 3.97
42 more quarters

Against its own ten years

Low 19.4% High 46.8%
Ten-year median 39.3%
Current reading's percentile 98

Operating margin against peers

Company Operating margin
MSFT Microsoft Corporation 46.8%
PLTR Palantir Technologies Inc. compare 42.8%
FTNT Fortinet, Inc. compare 32.4%
ORCL Oracle Corporation compare 32.1%
SNPS Synopsys, Inc. compare 8.52%
PANW Palo Alto Networks, Inc. compare 6.05%
CRWD CrowdStrike compare −2.46%
NET Cloudflare, Inc. compare −14.1%
NBIS Nebius Group N.V. compare −50.5%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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