MSFT
Microsoft Corporation
Stock
$509.22−6.95 (−1.35%)Close Sep 28, 2026
Income statement
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $331.8B | $281.7B | $245.1B | $211.9B | $198.3B | $168.1B | $143.0B | $125.8B | $110.4B | $96.6B | $91.2B | $93.6B | $86.8B | $77.8B | $73.7B | $69.9B | $62.5B | $58.4B | $60.4B |
| Cost of revenue | $106.4B | $87.8B | $74.1B | $65.9B | $62.7B | $52.2B | $46.1B | $42.9B | $38.4B | $34.3B | $32.8B | $33.0B | $27.1B | $20.4B | $17.5B | $15.6B | $12.4B | $12.2B | $11.6B |
| Gross profit | $225.5B | $193.9B | $171.0B | $146.1B | $135.6B | $115.9B | $96.9B | $82.9B | $72.0B | $62.3B | $58.4B | $60.5B | $59.8B | $57.5B | $56.2B | $54.4B | $50.1B | $46.3B | $48.8B |
| R&D | $35.6B | $32.5B | $29.5B | $27.2B | $24.5B | $20.7B | $19.3B | $16.9B | $14.7B | $13.0B | $12.0B | $12.0B | $11.4B | $10.4B | $9.8B | $9.0B | $8.7B | $9.0B | $8.2B |
| SG&A | $34.7B | $32.9B | $32.1B | $30.3B | $27.7B | $25.2B | $24.7B | $23.1B | $22.2B | $19.9B | $19.2B | $20.3B | $20.5B | $20.3B | $18.4B | $18.2B | $17.3B | $16.9B | $18.4B |
| Other operating expenses | — | — | — | — | — | — | — | — | — | $306M | $1.1B | $10.0B | $127M | — | $6.2B | — | — | — | — |
| Operating income | $155.2B | $128.5B | $109.4B | $88.5B | $83.4B | $69.9B | $53.0B | $43.0B | $35.1B | $29.0B | $26.1B | $18.2B | $27.8B | $26.8B | $21.8B | $27.2B | $24.1B | $20.4B | $22.3B |
| Non-operating income | $10.7B | −$4.9B | −$1.6B | $788M | $333M | $1.2B | $77M | $729M | $1.4B | $876M | −$439M | $346M | $61M | $288M | $504M | $910M | $915M | −$542M | $1.5B |
| Pretax income | $165.9B | $123.6B | $107.8B | $89.3B | $83.7B | $71.1B | $53.0B | $43.7B | $36.5B | $29.9B | $25.6B | $18.5B | $27.8B | $27.1B | $22.3B | $28.1B | $25.0B | $19.8B | $23.8B |
| Taxes | $32.2B | $21.8B | $19.7B | $17.0B | $11.0B | $9.8B | $8.8B | $4.4B | $19.9B | $4.4B | $5.1B | $6.3B | $5.7B | $5.2B | $5.3B | $4.9B | $6.3B | $5.3B | $6.1B |
| Net income | $133.7B | $101.8B | $88.1B | $72.4B | $72.7B | $61.3B | $44.3B | $39.2B | $16.6B | $25.5B | $20.5B | $12.2B | $22.1B | $21.9B | $17.0B | $23.2B | $18.8B | $14.6B | $17.7B |
| Diluted EPS | $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 |
| Diluted 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 | 8.40B | 8.47B | 8.51B | 8.59B | 8.93B | 9.00B | 9.47B |
| Revenue growth | +17.8% | +14.9% | +15.7% | +6.9% | +18.0% | +17.5% | +13.6% | +14.0% | +14.3% | +5.9% | −2.6% | +7.8% | +11.5% | +5.6% | +5.4% | +11.9% | +6.9% | −3.3% | — |
| Gross margin | 67.9% | 68.8% | 69.8% | 68.9% | 68.4% | 68.9% | 67.8% | 65.9% | 65.2% | 64.5% | 64.0% | 64.7% | 68.8% | 73.8% | 76.2% | 77.7% | 80.2% | 79.2% | 80.8% |
| Operating margin | 46.8% | 45.6% | 44.6% | 41.8% | 42.1% | 41.6% | 37.0% | 34.1% | 31.8% | 30.1% | 28.6% | 19.4% | 32.0% | 34.4% | 29.5% | 38.8% | 38.6% | 34.8% | 36.9% |
| Net margin | 40.3% | 36.1% | 36.0% | 34.1% | 36.7% | 36.5% | 31.0% | 31.2% | 15.0% | 26.4% | 22.5% | 13.0% | 25.4% | 28.1% | 23.0% | 33.1% | 30.0% | 24.9% | 29.3% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.