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Microsoft Corporation MSFT
$ 405.67 0.32%

Quarterly report 2025-Q4
added 01-28-2026

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Microsoft Corporation Financial Statements 2011-2026 | MSFT

Annual Financial Statements Microsoft Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

3.81 T 3.14 T 2.46 T 2.09 T 2.25 T 1.75 T 1.22 T 811 B 566 B 449 B 383 B 362 B 267 B 249 B 233 B

Shares

7.43 B 7.43 B 7.45 B 7.46 B 7.52 B 7.57 B 7.64 B 7.7 B 7.75 B 7.92 B 8.18 B 8.3 B 8.38 B 8.4 B 8.49 B

Historical Prices

513 423 331 280 299 231 160 109 89.5 59.7 46.2 38.8 33 23.2 25.8

Net Income

102 B 88.1 B 72.4 B 72.7 B 61.3 B 44.3 B 39.2 B 16.6 B 21.2 B 16.8 B 12.2 B 22.1 B 21.9 B 17 B 23.2 B

Revenue

282 B 245 B 212 B 198 B 168 B 143 B 126 B 110 B 90 B 85.3 B 93.6 B 86.8 B 77.8 B 73.7 B 69.9 B

Cost of Revenue

87.8 B 74.1 B 65.9 B 62.6 B 52.2 B 46.1 B 42.9 B 38.4 B 34.3 B 32.8 B 33 B 26.9 B 20.2 B 17.5 B 15.6 B

Gross Profit

194 B 171 B 146 B 136 B 116 B 96.9 B 82.9 B 72 B 55.7 B 52.5 B 60.5 B 59.9 B 57.6 B 56.2 B 54.4 B

Operating Income

129 B 109 B 88.5 B 83.4 B 69.9 B 53 B 43 B 35.1 B 29 B 26.1 B 18.2 B 27.8 B 26.8 B 21.8 B 27.2 B

Interest Expense

-4.72 B -1.32 B -223 M 2.06 B 2.35 B 2.59 B 2.69 B 2.73 B 2.22 B 1.24 B 781 M 597 M 429 M 380 M 295 M

EBITDA

151 B 125 B 99.5 B 96 B 79.2 B 63.7 B 52.7 B 45.3 B 31.4 B 27.9 B 34.1 B 33.1 B 30.5 B 30.9 B 29.9 B

Operating Expenses

65.4 B 61.6 B 57.5 B - - - - 36.9 B 33.1 B 31.2 B 32.4 B 32 B 30.8 B 28.2 B 27.2 B

General and Administrative Expenses

7.22 B 7.61 B 7.58 B 5.9 B 5.11 B 5.11 B 4.88 B 4.75 B 4.48 B 4.56 B 4.61 B 4.82 B 5.15 B 4.57 B 4.22 B

All numbers in USD currency

Quarterly Income Statement Microsoft Corporation

2025-Q4 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

7.43 B 7.43 B 7.43 B 7.44 B 7.43 B 7.43 B 7.43 B 7.43 B 7.43 B 7.43 B 7.44 B 7.45 B 7.46 B 7.46 B 7.49 B 7.5 B 7.51 B 7.51 B 7.54 B 7.56 B 7.57 B 7.56 B 7.57 B 7.62 B 7.63 B 7.62 B 7.63 B 7.69 B 7.67 B 7.69 B 7.67 B 7.71 B 7.71 B 7.71 B 7.71 B 7.76 B 7.79 B 7.76 B 7.79 B 7.96 B 8 B 7.96 B 8 B 8.23 B 8.25 B 8.23 B 8.25 B 8.33 B 8.34 B 8.33 B 8.34 B 8.39 B 8.4 B 8.39 B 8.4 B 8.4 B 8.39 B 8.4 B 8.39 B

Net Income

38.5 B - 25.8 B 24.1 B 24.7 B - 21.9 B 21.9 B 22.3 B - 18.3 B 16.4 B 17.6 B 34 B 16.7 B 18.8 B 20.5 B 39.3 B 15.5 B 15.5 B 13.9 B 15.5 B 13.9 B 11.6 B 10.7 B 11.6 B 10.7 B 8.42 B 8.82 B 8.42 B 8.82 B -6.3 B 6.58 B -6.3 B 6.58 B 6.27 B 5.67 B 5.2 B 4.69 B 5.02 B 5.02 B 5 B 4.62 B 5.86 B 4.54 B 5.86 B 4.54 B 6.56 B 5.24 B 6.56 B 5.24 B 6.38 B 4.47 B 6.38 B 4.47 B 6.62 B 5.74 B 6.62 B 5.74 B

Revenue

81.3 B - 70.1 B 69.6 B 65.6 B - 61.9 B 62 B 56.5 B - 52.9 B 52.7 B 50.1 B 103 B 49.4 B 51.7 B 45.3 B 97 B 41.7 B 43.1 B 37.2 B 43.1 B 37.2 B 36.9 B 33.1 B 36.9 B 33.1 B 32.5 B 29.1 B 32.5 B 26.8 B 28.9 B 24.5 B 53.5 B 23.2 B 25.8 B 21.9 B 24.1 B 20.5 B 23.8 B 20.4 B 23.8 B 20.4 B 26.5 B 23.2 B 26.5 B 23.2 B 24.5 B 18.5 B 24.5 B 18.5 B 21.5 B 16 B 21.5 B 16 B 20.9 B 17.4 B 20.9 B 17.4 B

Cost of Revenue

26 B - 21.9 B 21.8 B 20.1 B - 18.5 B 19.6 B 16.3 B - 16.1 B 17.5 B 15.5 B 32.9 B 15.6 B 17 B 13.6 B 30.6 B 13 B 14.2 B 11 B 14.2 B 11 B 12.4 B 10.4 B 12.4 B 10.4 B 12.4 B 9.9 B 12.4 B 9.27 B 11.1 B 8.28 B 19.3 B 8.06 B 9.9 B 7.84 B 9.9 B 7.84 B 9.87 B 7.21 B 9.87 B 7.21 B 10.1 B 8.27 B 10.1 B 8.27 B 8.32 B 5.14 B 8.28 B 5.11 B 5.69 B 4.17 B 5.69 B 4.17 B 5.64 B 3.78 B 5.64 B 3.78 B

Gross Profit

55.3 B - 48.1 B 47.8 B 45.5 B - 43.4 B 42.4 B 40.2 B - 36.7 B 35.3 B 34.7 B 69.9 B 33.7 B 34.8 B 31.7 B 66.4 B 28.7 B 28.9 B 26.2 B 28.9 B 26.2 B 24.5 B 22.6 B 24.5 B 22.6 B 20 B 19.2 B 20 B 19.2 B 17.9 B 16.3 B 17.9 B 16.3 B 15.9 B 14.1 B 14.2 B 12.6 B 13.9 B 13.2 B 13.9 B 13.2 B 16.3 B 14.9 B 16.3 B 14.9 B 16.2 B 13.4 B 16.2 B 13.4 B 15.8 B 11.8 B 15.8 B 11.8 B 15.2 B 13.6 B 13.7 B 12.5 B

Operating Income

38.3 B - 32 B 31.7 B 30.6 B - 27.6 B 27 B 26.9 B - 22.4 B 20.4 B 21.5 B 41.9 B 20.4 B 22.2 B 20.2 B 42.5 B 17 B 17.9 B 15.9 B 17.9 B 15.9 B 13.9 B 12.7 B 13.9 B 12.7 B 10.3 B 9.96 B 10.3 B 9.96 B 8.68 B 7.71 B 8.68 B 7.71 B 7.9 B 6.72 B 6.18 B 5.22 B 6.03 B 5.79 B 6.03 B 5.79 B 7.78 B 5.84 B 7.78 B 5.84 B 7.97 B 6.33 B 7.97 B 6.33 B 7.77 B 5.31 B 7.77 B 5.31 B 7.99 B 7.2 B 7.99 B 7.2 B

Interest Expense

9.54 B - -1.01 B -1.16 B -683 M - -486 M -169 M -137 M - 496 M 490 M 500 M 990 M 503 M 525 M 539 M 1.06 B 633 M 571 M 589 M 571 M 589 M 654 M 637 M 654 M 637 M 672 M 674 M 672 M 674 M 698 M 672 M 698 M 672 M 521 M 437 M 521 M 437 M 309 M 249 M 309 M 249 M 162 M 161 M 162 M 161 M 135 M 118 M 135 M 118 M 105 M 95 M 105 M 95 M 95 M 94 M 95 M 94 M

EBITDA

46.2 B - 33.5 B 36.9 B 32 B - 29 B 28.3 B 27.5 B - 23 B 21 B 22.2 B 43.2 B 20.9 B 22.7 B 20.7 B 43.4 B 17.5 B 18.3 B 16.3 B 18.3 B 16.3 B 14.3 B 13.1 B 14.3 B 13.1 B 10.8 B 10.5 B 10.8 B 10.5 B 9.24 B 8.27 B 9.24 B 8.27 B 8.22 B 6.93 B 6.49 B 5.44 B 6.28 B 6.04 B 6.28 B 6.04 B 8.1 B 6.22 B 8.1 B 6.22 B 8.14 B 6.5 B 8.14 B 6.5 B 7.97 B 5.49 B 7.97 B 5.49 B 8.15 B 7.31 B 8.15 B 7.36 B

Operating Expenses

17 B - - 16.2 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 7.97 B 8.56 B 7.94 B 17.6 B 7.45 B 8.23 B 7.05 B 8.27 B 7.08 B 7.99 B 6.53 B 7.99 B 6.53 B 7.25 B 6.39 B - -

General and Administrative Expenses

1.93 B - 1.74 B 1.82 B 1.67 B - 1.91 B 1.98 B 1.47 B - 1.64 B 2.34 B 1.4 B 3.74 B 1.48 B 1.38 B 1.29 B 2.67 B 1.33 B 1.14 B 1.12 B 1.14 B 1.12 B 1.12 B 1.06 B 1.12 B 1.06 B 1.13 B 1.15 B 1.13 B 1.15 B 1.11 B 1.17 B 1.11 B 1.17 B 879 M 1.04 B 879 M 1.04 B 1.04 B 1.08 B 1.04 B 1.08 B 1.1 B 1.15 B 1.1 B 1.15 B 1.2 B 979 M 1.24 B 1.01 B 1.16 B 1.13 B 1.16 B 1.13 B 1.12 B 1.16 B 1.12 B 1.16 B

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements Microsoft Corporation MSFT
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting Microsoft Corporation plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

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Black Knight Black Knight
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Net Element, Inc. Net Element, Inc.
NETE
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The Descartes Systems Group Inc The Descartes Systems Group Inc
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AZPN
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Borqs Technologies Borqs Technologies
BRQS
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BlackBerry Limited BlackBerry Limited
BB
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Avalara Avalara
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Proofpoint, Inc. Proofpoint, Inc.
PFPT
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BlackLine BlackLine
BL
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Bridgeline Digital Bridgeline Digital
BLIN
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Blackbaud Blackbaud
BLKB
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EVERTEC EVERTEC
EVTC
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Bill.com Holdings Bill.com Holdings
BILL
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Bumble Bumble
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Cheetah Mobile Cheetah Mobile
CMCM
$ 5.6 -7.13 % $ 8.01 B -
Benefitfocus Benefitfocus
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Zix Corporation Zix Corporation
ZIXI
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GDYN
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Calix Calix
CALX
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CrowdStrike Holdings CrowdStrike Holdings
CRWD
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Globant S.A. Globant S.A.
GLOB
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Coupa Software Incorporated Coupa Software Incorporated
COUP
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Ceridian HCM Holding Ceridian HCM Holding
CDAY
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CDK Global CDK Global
CDK
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CRM
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DAVA
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