Microsoft Corp (MSFT) financials
Microsoft revenue and earnings by year
Microsoft's revenue was $332 billion in the fiscal year to June 30, 2026, up 17.8% from the year before. Net income was $134 billion, 40.3% of revenue. Since the fiscal year to June 30, 2017, revenue has grown 14.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 331.8 | 281.7 | 245.1 | 211.9 | 198.3 | 168.1 | 143.0 | 125.8 | 110.4 | 96.6 |
| Revenue growth | 17.8% | 14.9% | 15.7% | 6.9% | 18.0% | 17.5% | 13.6% | 14.0% | 14.3% | — |
| Gross profit | 225.5 | 193.9 | 171.0 | 146.1 | 135.6 | 115.9 | 96.9 | 82.9 | 72.0 | 62.3 |
| Gross margin | 67.9% | 68.8% | 69.8% | 68.9% | 68.4% | 68.9% | 67.8% | 65.9% | 65.2% | 64.5% |
| Operating income | 155.2 | 128.5 | 109.4 | 88.5 | 83.4 | 69.9 | 53.0 | 43.0 | 35.1 | 29.0 |
| Operating margin | 46.8% | 45.6% | 44.6% | 41.8% | 42.1% | 41.6% | 37.0% | 34.1% | 31.8% | 30.1% |
| Net income | 133.7 | 101.8 | 88.1 | 72.4 | 72.7 | 61.3 | 44.3 | 39.2 | 16.6 | 25.5 |
| Net margin | 40.3% | 36.1% | 36.0% | 34.1% | 36.7% | 36.5% | 31.0% | 31.2% | 15.0% | 26.4% |
| Diluted EPS | $17.95 | $13.64 | $11.80 | $9.68 | $9.65 | $8.05 | $5.75 | $5.07 | $2.11 | $3.25 |
| Free cash flow | 67.0 | 71.6 | 74.1 | 59.5 | 65.1 | 56.1 | 45.2 | 38.3 | 32.3 | 31.4 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MSFT in Markets.
How Microsoft makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Agents & Infra | $76.8B | 83.2% |
| Devices & Consumer | $15.5B | 16.8% |
See also: MSFT valuation and P/E history · MSFT returns
No forecast, no recommendation. This page describes Microsoft Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.