NASDAQ · Technology · Financials
Microsoft Corporation (MSFT) financial statements and cash flow.
Revenue, profitability, balance-sheet strength, and cash generation for MSFT. Market data source · as of 2026-03-31 · Market data source · as of 2026-06-30.
Section freshness
Price Jul 30, 4:00 PM EDT · Statements Mar 30, 8:00 PM EDT
Financial read
MSFT latest financial snapshot.
Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.
Revenue
$82.89B
+19.0% YoY
Net income
$31.78B
-17.4% QoQ
Free cash flow
$15.80B
Q1 FY2026
Gross margin
67.63%
Gross profit $56.06B
Balance sheet coverage
MSFT balance sheet summary
Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.
20 quarterly · 4 annual rows · Market data source · as of 2026-06-30
Latest period
Q2 FY2026
20 quarterly · 4 annual rows
Assets / liabilities
$758.38B
Liabilities $315.99B
Cash / debt
$20.93B
Net cash -$19.36B
Equity / working capital
$442.39B
Working capital $38.88B
Financial statements
MSFT statement coverage.
Income statement, balance sheet, and cash-flow figures for MSFT, with quarterly and annual history in the tables below.
Data last updated
Mar 30, 2026
Income periods
21
Balance-sheet periods
24
Cash-flow periods
21
Quarterly and annual MSFT statements, sourced from Market data source · as of 2026-03-31 · Market data source · as of 2026-06-30.
Financial statement period
MSFT statement history
Market data source · as of 2026-03-31 · Market data source · as of 2026-06-30 · Data last updated: Mar 30, 2026
Income statement
Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.
| Period | Revenue | Gross profit | Operating income | Interest income | Continuing ops | Net income | Comprehensive income | Net margin | Revenue QoQ | Net income QoQ |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2026 | $82.89B | $56.06B | $38.40B | $31.78B | 38.34% | +2.0% | -17.4% | |||
| Q4 FY2025 | $81.27B | $55.30B | $38.27B | $38.46B | 47.32% | +4.6% | +38.6% | |||
| Q3 FY2025 | $77.67B | $53.63B | $37.96B | $27.75B | 35.72% | +10.9% | +7.4% | |||
| Q1 FY2025 | $70.07B | $48.15B | $32.00B | $25.82B | 36.86% | +0.6% | +7.1% | |||
| Q4 FY2024 | $69.63B | $47.83B | $31.65B | $24.11B | 34.62% | +6.2% | -2.3% | |||
| Q3 FY2024 | $65.58B | $45.49B | $30.55B | $24.67B | 37.61% | +6.0% | +12.4% | |||
| Q1 FY2024 | $61.86B | $43.35B | $27.58B | $21.94B | 35.47% | -0.3% | +0.3% | |||
| Q4 FY2023 | $62.02B | $42.40B | $27.03B | $21.87B | 35.26% | +9.7% | -1.9% |
Balance sheet
Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.
| Period | Cash | Current assets | Current liabilities | Total assets | Total liabilities | Total debt | Capital leases | Total equity | Shares | Debt QoQ |
|---|---|---|---|---|---|---|---|---|---|---|
| Q2 FY2026 | $20.93B | $207.71B | $168.82B | $758.38B | $315.99B | $40.29B | $442.39B | +0.1% | ||
| Q1 FY2026 | $32.10B | $175.33B | $136.66B | $694.23B | $279.86B | $40.26B | $414.37B | 0.0% | ||
| Q4 FY2025 | $24.30B | $180.19B | $130.00B | $665.30B | $274.43B | $40.26B | $390.88B | -6.8% | ||
| Q3 FY2025 | $28.85B | $189.07B | $135.00B | $636.35B | $273.27B | $43.21B | $363.08B | +0.1% | ||
| Q2 FY2025 | $30.24B | $191.13B | $141.22B | $619.00B | $275.52B | $43.15B | $343.48B | +0.6% | ||
| Q1 FY2025 | $28.83B | $156.64B | $114.21B | $562.62B | $240.73B | $42.88B | $321.89B | -4.6% | ||
| Q4 FY2024 | $17.48B | $147.08B | $108.88B | $533.90B | $231.20B | $44.97B | $302.69B | -0.3% | ||
| Q3 FY2024 | $20.84B | $149.93B | $115.20B | $523.01B | $235.29B | $45.12B | $287.72B | +0.4% |
Cash flow
Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.
| Period | Operating cash flow | CapEx | Free cash flow | Net income | Stock comp | Debt issuance | Dividends paid | Buybacks | Change in cash | FCF QoQ |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2026 | $46.68B | $30.88B | $15.80B | $31.78B | $6.76B | $4.63B | ||||
| Q4 FY2025 | $38.46B | |||||||||
| Q3 FY2025 | $27.75B | |||||||||
| Q1 FY2025 | $37.04B | $16.75B | $20.30B | $25.82B | $6.17B | $4.78B | ||||
| Q4 FY2024 | $24.11B | |||||||||
| Q3 FY2024 | $24.67B | |||||||||
| Q1 FY2024 | $31.92B | $10.95B | $20.96B | $21.94B | $5.57B | $4.21B | ||||
| Q4 FY2023 | $21.87B |
Valuation and returns
- Enterprise value
- $2.99T
- Market data source
- Return on equity
- 35.39%
- Market data source
- Return on assets
- 19.27%
- Market data source
- Debt / equity
- 0.09
- Current ratio 1.28
Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.
Annual revenue and income multiples
Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.
- Annual revenue base
- $153.28B
- Annual statement 2020-12-31
- Annual income base
- $51.31B
- Annual statement 2020-12-31
- Market cap / annual revenue
- 21.85
- Live market value divided by annual revenue
- Market cap / annual income
- 65.28
- Live market value divided by annual net income
Annual sales and income multiple
Market capitalization bridge
TTM valuation multiples
- TTM revenue
- $311.90B
- Trailing twelve months
- TTM EBIT
- $146.63B
- TTM operating income
- Market cap / TTM revenue
- 10.74
- Live market value divided by trailing twelve months revenue
- EV / TTM revenue
- 9.60
- Enterprise value divided by trailing twelve months revenue
Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.
Profit multiples
Revenue, net income, and free cash flow
Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.
Efficiency
- Revenue / employee
- $1.37M
- 228,000 employees
- Net income / employee
- $543,013.158
- TTM net income divided by employees
- Market cap / employee
- $14.69M
- Live value per employee
Growth vs cost pressure
Quarterly margin heatmap
Latest quarter expense mix
Profit bridge
Other income statement lines
Balance sheet · Q2 FY2026
- Cash & equivalents
- $20.93B
- Total debt
- $40.29B
- Net cash
- -$19.36B
- Net debt position
- Total equity
- $442.39B
Balance sheet detail
- Current assets
- $207.71B
- Current liabilities
- $168.82B
- Inventory
- $1.40B
- Receivables
- $80.88B
- Property, plant & equipment
- $313.08B
- Current debt
- $9.23B
- Long-term debt
- $31.07B
Debt and liquidity
Cash + short-term investments + receivables / current liabilities
Cash generation
- Operating cash flow
- $46.68B
- Capital expenditure
- $30.88B
- Free cash flow
- $15.80B
- Capital returned
- $11.38B
- Buybacks + dividends paid
Cash-flow detail
- Investing cash flow
- -$27.41B
- Financing cash flow
- -$11.35B
- Buybacks
- $4.63B
- Net buybacks
- $4.63B
- Repurchases less stock issuance
- Dividends paid
- $6.76B
Cash flow read
MSFT runs cash-flow positive.
MSFT is generating $15.80B of free cash, which funds buybacks ($4.63B) and dividends ($6.76B) without leaning on the balance sheet. Watch the gap between FCF and net income — a widening gap is usually working-capital noise; a persistent gap is a signal.
Frequently asked
Common questions.
What financial data is available for MSFT?
The MSFT Financials page renders only the current income-statement, balance-sheet, cash-flow, or fund rows supplied for Microsoft Corporation. Missing modules and empty line items are omitted.
How current are MSFT's financial statements?
Each visible statement row keeps its reported period and provider attribution. The route redirects to the main quote when no usable financial or fund data remains.
What is Microsoft Corporation's reported net margin?
Microsoft Corporation's fresh reported margin field is 40.31%. The Financials page shows the supporting period data currently available for MSFT.