MSFT · Microsoft Corp
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $331.84B | $281.72B | $245.12B | $211.92B | $198.27B | $168.09B | $143.02B | $125.84B | $110.36B | $96.57B | $91.15B | $93.58B | $86.83B | $77.85B | $73.72B | $69.94B | $62.48B | $58.44B | $60.42B | |
| $106.37B | $87.83B | $74.11B | $65.86B | $62.65B | $52.23B | $46.08B | $42.91B | $38.35B | $34.26B | $32.78B | $33.04B | $27.08B | $20.39B | $17.53B | $15.58B | $12.4B | $12.16B | $11.6B | |
| $225.47B | $193.89B | $171.01B | $146.05B | $135.62B | $115.86B | $96.94B | $82.93B | $72.01B | $62.31B | $58.37B | $60.54B | $59.76B | $57.46B | $56.19B | $54.37B | $50.09B | $46.28B | $48.82B | |
| 67.94% | 68.82% | 69.76% | 68.92% | 68.4% | 68.93% | 67.78% | 65.9% | 65.25% | 64.52% | 64.04% | 64.7% | 68.82% | 73.81% | 76.22% | 77.73% | 80.16% | 79.2% | 80.8% | |
| $35.56B | $32.49B | $29.51B | $27.2B | $24.51B | $20.72B | $19.27B | $16.88B | $14.73B | $13.04B | $11.99B | $12.05B | $11.38B | $10.41B | $9.81B | $9.04B | $8.71B | $9.01B | $8.16B | |
| $26.71B | $25.65B | $24.46B | $22.76B | $21.83B | $20.12B | $19.6B | $18.21B | $17.47B | $15.46B | $14.64B | $15.71B | $15.81B | $15.28B | $13.86B | $13.94B | $13.21B | $12.88B | $13.26B | |
| $7.96B | $7.22B | $7.61B | $7.58B | $5.9B | $5.11B | $5.11B | $4.89B | $4.75B | $4.48B | $4.56B | $4.61B | $4.68B | $5.01B | $4.57B | $4.22B | $4.06B | $4.03B | $5.13B | |
| $4.7B | $6B | $4.8B | $2.5B | $2B | $1.6B | $1.6B | $1.9B | $2.2B | $1.7B | $978M | $1.3B | $845M | $739M | $558M | $537M | $707M | $591M | $472M | |
| — | — | — | — | — | — | — | $0 | $0 | $306M | $501M | $2.08B | — | — | — | — | — | — | — | |
| $70.23B | $65.37B | $61.58B | $57.53B | — | — | — | — | — | — | — | $42.38B | $32B | $30.7B | $34.43B | $27.21B | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | $51.96B | $42.78B | $38.39B | $38.07B | $38.15B | |
| $155.24B | $128.53B | $109.43B | $88.52B | $83.38B | $69.92B | $52.96B | $42.96B | $35.06B | $29.03B | $26.08B | $18.16B | $27.76B | $26.76B | $21.76B | $27.16B | $24.1B | $20.36B | $22.27B | |
| 46.78% | 45.62% | 44.64% | 41.77% | 42.06% | 41.59% | 37.03% | 34.14% | 31.77% | 30.06% | 28.61% | 19.41% | 31.97% | 34.38% | 29.52% | 38.83% | 38.57% | 34.85% | 36.86% | |
| $3.05B | $2.39B | $2.94B | $1.97B | $2.06B | $2.35B | $2.59B | $2.69B | $2.73B | $2.22B | $1.24B | $781M | $597M | $429M | $380M | $295M | $151M | $38M | $106M | |
| $10.7B | -$4.9B | -$1.65B | $788M | $333M | $1.19B | $77M | $729M | $1.42B | $876M | -$439M | $346M | $61M | $288M | $504M | $910M | $915M | -$542M | $1.54B | |
| $4.39B | -$349M | -$118M | $260M | $461M | $1.23B | $32M | $648M | $2.4B | $2.58B | $668M | $716M | $437M | $116M | $564M | $439M | $348M | -$125M | $346M | |
| $165.93B | $123.63B | $107.79B | $89.31B | $83.72B | $71.1B | $53.04B | $43.69B | $36.47B | $29.9B | $25.64B | $18.51B | $27.82B | $27.05B | $22.27B | $28.07B | $25.01B | $19.82B | $23.81B | |
| $32.19B | $21.8B | $19.65B | $16.95B | $10.98B | $9.83B | $8.76B | $4.45B | $19.9B | $4.41B | $5.1B | $6.31B | $5.75B | $5.19B | $5.29B | $4.92B | $6.25B | $5.25B | $6.13B | |
| $133.75B | $101.83B | $88.14B | $72.36B | $72.74B | $61.27B | $44.28B | $39.24B | $16.57B | $25.49B | $20.54B | $12.19B | $22.07B | $21.86B | $16.98B | $23.15B | $18.76B | $14.57B | $17.68B | |
| 40.31% | 36.15% | 35.96% | 34.15% | 36.69% | 36.45% | 30.96% | 31.18% | 15.02% | 26.39% | 22.53% | 13.03% | 25.42% | 28.08% | 23.03% | 33.1% | 30.02% | 24.93% | 29.26% | |
| $133.81B | $104.08B | $88.89B | $70.7B | $66.24B | $59.9B | $47.81B | $41.15B | $13.72B | $24.32B | $19.81B | $11.01B | $24.04B | $22.18B | $16.54B | $23.96B | — | — | — | |
| USD/shares | $18.00 | $13.70 | $11.86 | $9.72 | $9.70 | $8.12 | $5.82 | $5.11 | $2.15 | $3.29 | $2.59 | $1.49 | $2.66 | $2.61 | $2.02 | $2.73 | $2.13 | $1.63 | $1.90 |
| USD/shares | $17.95 | $13.64 | $11.80 | $9.68 | $9.65 | $8.05 | $5.76 | $5.06 | $2.13 | $3.25 | $2.56 | $1.48 | $2.63 | $2.58 | $2.00 | $2.69 | $2.10 | $1.62 | $1.87 |
| shares | 7.43B | 7.43B | 7.43B | 7.45B | 7.5B | 7.55B | 7.61B | 7.67B | 7.7B | 7.75B | 7.93B | 8.18B | 8.3B | 8.38B | 8.4B | 8.49B | 8.81B | 8.95B | 9.33B |
| shares | 7.45B | 7.47B | 7.47B | 7.47B | 7.54B | 7.61B | 7.68B | 7.75B | 7.79B | 7.83B | 8.01B | 8.25B | 8.4B | 8.47B | 8.51B | 8.59B | 8.93B | 9B | 9.47B |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2026: $298.12B in buybacks, $242.09B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 9 similar-size Software - Infrastructure companies (of 131 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Productivity and Business Processes | $139,996,000,000 | $120,810,000,000 | $106,820,000,000 | $94,151,000,000 | $63,364,000,000 | $53,915,000,000 | $46,398,000,000 | $41,160,000,000 |
| Intelligent Cloud | $137,791,000,000 | $106,265,000,000 | $87,464,000,000 | $72,944,000,000 | $74,965,000,000 | $59,728,000,000 | $48,366,000,000 | $38,985,000,000 |
| More Personal Computing | $54,052,000,000 | $54,649,000,000 | $50,838,000,000 | $44,820,000,000 | $59,941,000,000 | $54,445,000,000 | $48,251,000,000 | $45,698,000,000 |
By Geography (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| United States | $170,794,000,000 | $144,546,000,000 | $124,704,000,000 | $106,744,000,000 | $100,218,000,000 | $83,953,000,000 | $73,160,000,000 | $64,199,000,000 |
| Non Us | $161,045,000,000 | $137,178,000,000 | $120,418,000,000 | $105,171,000,000 | $98,052,000,000 | $84,135,000,000 | $69,855,000,000 | $61,644,000,000 |
By Product & Service (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Service Other | $267,143,000,000 | $217,778,000,000 | $180,349,000,000 | $147,216,000,000 | $125,538,000,000 | $97,014,000,000 | $74,974,000,000 | — |
| Server Products and Cloud Services | $129,425,000,000 | $98,435,000,000 | $79,828,000,000 | $65,007,000,000 | $67,350,000,000 | $52,589,000,000 | $41,379,000,000 | $32,622,000,000 |
| Microsoft Three Six Five Commercial Products And Cloud Services | $101,997,000,000 | $87,767,000,000 | $76,969,000,000 | $66,949,000,000 | — | — | — | — |
| Product | $64,696,000,000 | $63,946,000,000 | $64,773,000,000 | $64,699,000,000 | $72,732,000,000 | $71,074,000,000 | $68,041,000,000 | — |
| XBOX | $21,790,000,000 | $23,455,000,000 | $21,503,000,000 | — | — | — | — | — |
| LinkedIn Corporation | $19,817,000,000 | $17,812,000,000 | $16,372,000,000 | $14,989,000,000 | $13,631,000,000 | $10,289,000,000 | $8,077,000,000 | $6,754,000,000 |
| Windows and Devices | $17,084,000,000 | $17,314,000,000 | $17,026,000,000 | $17,147,000,000 | — | — | — | — |
| Search Advertising | $15,176,000,000 | $13,878,000,000 | $12,306,000,000 | — | — | $8,528,000,000 | $7,740,000,000 | $7,628,000,000 |
| Microsoft Three Six Five Consumer Products And Cloud Services | $9,175,000,000 | $7,404,000,000 | $6,648,000,000 | $6,417,000,000 | — | — | — | — |
| Dynamics Products and Cloud Services | $9,006,000,000 | $7,827,000,000 | $6,831,000,000 | $5,796,000,000 | $4,687,000,000 | — | — | — |
| Enterprise and Partner Services | $8,260,000,000 | $7,760,000,000 | $7,594,000,000 | $7,900,000,000 | $7,605,000,000 | — | — | — |
| Other Products and Services | $109,000,000 | $72,000,000 | $45,000,000 | $119,000,000 | $233,000,000 | $373,000,000 | $3,768,000,000 | $3,070,000,000 |
| Devices | — | — | $4,706,000,000 | $5,521,000,000 | $7,306,000,000 | $7,143,000,000 | $6,457,000,000 | $6,095,000,000 |
| Dynamics | — | — | — | $5,437,000,000 | $4,687,000,000 | $3,754,000,000 | — | — |
| Enterprise Services | — | — | — | $7,722,000,000 | $7,407,000,000 | $6,943,000,000 | $6,409,000,000 | $6,124,000,000 |
| Gaming | — | $23,455,000,000 | $21,503,000,000 | $15,466,000,000 | $16,230,000,000 | $15,370,000,000 | $11,575,000,000 | $11,386,000,000 |
| Office Products and Cloud Services | — | — | $54,875,000,000 | $48,848,000,000 | $44,970,000,000 | $39,872,000,000 | $35,316,000,000 | $31,769,000,000 |
| Search and News Advertising | — | $13,878,000,000 | $12,306,000,000 | $12,125,000,000 | $11,526,000,000 | $9,267,000,000 | $8,524,000,000 | — |
| Windows | — | — | $23,244,000,000 | $21,507,000,000 | $24,732,000,000 | $22,488,000,000 | $21,510,000,000 | $20,395,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Productivity and Business Processes | $83,879,000,000 | $69,773,000,000 | $59,661,000,000 | $50,074,000,000 | $29,690,000,000 | $24,351,000,000 | $18,724,000,000 | $16,219,000,000 |
| Intelligent Cloud | $56,972,000,000 | $44,589,000,000 | $37,813,000,000 | $28,411,000,000 | $33,203,000,000 | $26,471,000,000 | $18,324,000,000 | $13,920,000,000 |
| More Personal Computing | $14,386,000,000 | $14,166,000,000 | $11,959,000,000 | $10,038,000,000 | $20,490,000,000 | $19,094,000,000 | $15,911,000,000 | $12,820,000,000 |
Operating Margin by Segment (%)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Productivity and Business Processes | 59.9% | 57.8% | 55.9% | 53.2% | 46.9% | 45.2% | 40.4% | 39.4% |
| Intelligent Cloud | 41.3% | 42% | 43.2% | 38.9% | 44.3% | 44.3% | 37.9% | 35.7% |
| More Personal Computing | 26.6% | 25.9% | 23.5% | 22.4% | 34.2% | 35.1% | 33% | 28.1% |