MSFT
Microsoft Corporation
Stock
$509.22−6.95 (−1.35%)Close Sep 28, 2026
Cash flow statement
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $182.9B | $136.2B | $118.5B | $87.6B | $89.0B | $76.7B | $60.7B | $52.2B | $43.9B | $39.5B | $33.3B | $29.7B | $32.5B | $28.8B | $31.6B | $27.0B | $24.1B | $19.0B | $21.6B |
| Capital expenditures | $115.9B | $64.6B | $44.5B | $28.1B | $23.9B | $20.6B | $15.4B | $13.9B | $11.6B | $8.1B | $8.3B | $5.9B | $5.5B | $4.3B | $2.3B | $2.4B | $2.0B | $3.1B | $3.2B |
| Free cash flow | $67.0B | $71.6B | $74.1B | $59.5B | $65.1B | $56.1B | $45.2B | $38.3B | $32.3B | $31.4B | $25.0B | $23.7B | $27.0B | $24.6B | $29.3B | $24.6B | $22.1B | $15.9B | $18.4B |
| Stock-based compensation | $12.4B | $12.0B | $10.7B | $9.6B | $7.5B | $6.1B | $5.3B | $4.7B | $3.9B | $3.3B | $2.7B | $2.6B | $2.4B | $2.4B | $2.2B | $2.2B | $1.9B | $1.7B | $1.5B |
| Buybacks | $22.3B | $18.4B | $17.3B | $22.2B | $32.7B | $27.4B | $23.0B | $19.5B | $10.7B | $11.8B | $16.0B | $14.4B | $7.3B | $5.4B | $5.0B | $11.6B | $11.3B | $9.4B | $12.5B |
| Dividends paid | $26.4B | $24.1B | $21.8B | $19.8B | $18.1B | $16.5B | $15.1B | $13.8B | $12.7B | $11.8B | $11.0B | $9.9B | $8.9B | $7.5B | $6.4B | $5.2B | $4.6B | $4.5B | $4.0B |
| Dividends per share | $3.64 | $3.32 | $3.00 | $2.72 | $2.48 | $2.24 | $2.04 | $1.84 | $1.68 | $1.56 | $1.44 | $1.24 | $1.12 | $0.92 | $0.80 | $0.64 | $0.52 | $0.52 | $0.44 |
| Free cash flow margin | 20.2% | 25.4% | 30.2% | 28.1% | 32.9% | 33.4% | 31.6% | 30.4% | 29.2% | 32.5% | 27.4% | 25.4% | 31.1% | 31.6% | 39.8% | 35.2% | 35.4% | 27.2% | 30.5% |