Microsoft Corporation(MSFT)Earnings, Financials & Key Ratios

MSFT•NASDAQ

$411.35

$3.06T mkt cap·30.2× P/E·Price updated May 6, 2026

SectorTechnology IndustryInfrastructure Software Sub-IndustryCloud infrastructure and hosting

AboutMicrosoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions. The Intelligent Cloud segment licenses SQL, Windows Servers, Visual Studio, System Center, and related Client Access Licenses; GitHub that provides a collaboration platform and code hosting service for developers; Nuance provides healthcare and enterprise AI solutions; and Azure, a cloud platform. It also offers enterprise support, Microsoft consulting, and nuance professional services to assist customers in developing, deploying, and managing Microsoft server and desktop solutions; and training and certification on Microsoft products. The More Personal Computing segment provides Windows original equipment manufacturer (OEM) licensing and other non-volume licensing of the Windows operating system; Windows Commercial, such as volume licensing of the Windows operating system, Windows cloud services, and other Windows commercial offerings; patent licensing; and Windows Internet of Things. It also offers Surface, PC accessories, PCs, tablets, gaming and entertainment consoles, and other devices; Gaming, including Xbox hardware, and Xbox content and services; video games and third-party video game royalties; and Search, including Bing and Microsoft advertising. The company sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online stores, and retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.Show more

Revenue$281.72B+14.9%
EBITDA$162.68B+23.5%
Net Income$101.83B+15.5%
EPS (Diluted)13.64+15.6%
Gross Margin68.82%-1.3%
EBITDA Margin57.74%+7.5%
Operating Margin45.62%+2.2%
Net Margin36.15%+0.5%
ROE33.28%-10.4%
ROIC24.93%-9.0%
Debt/Equity0.33-10.4%
Interest Coverage52.84+40.1%

Analysis→Technical→

MSFT Key Insights

Microsoft Corporation (MSFT) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Excellent 3Y average ROE of 36.4%
✓Strong 5Y profit CAGR of 18.1%
✓FCF machine: 25.4% free cash flow margin
✓19 consecutive years of dividend growth
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 14.5%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MSFT Price & Volume

Microsoft Corporation (MSFT) stock price & volume — 10-year historical chart

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MSFT Growth Metrics

Microsoft Corporation (MSFT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years11.65%

5 Years14.52%

3 Years12.42%

TTM17.87%

Profit CAGR

10 Years23.65%

5 Years18.12%

3 Years11.87%

TTM29.58%

EPS CAGR

10 Years24.87%

5 Years18.82%

3 Years12.23%

TTM29.83%

Return on Capital

10 Years25.36%

5 Years30.75%

3 Years30.63%

Last Year29.73%

MSFT Recent Earnings

Microsoft Corporation (MSFT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 12/12 qtrs (100%)●Beat Revenue 12/12 qtrs (100%)

Q2 2026Latest

Apr 29, 2026

EPS

$4.27

Est $4.06

+5.2%

Revenue

$82.9B

Est $81.4B

+1.8%

Q1 2026

Jan 28, 2026

EPS

$4.14

Est $3.90

+6.2%

Revenue

$81.3B

Est $80.3B

+1.2%

Q4 2025

Oct 29, 2025

EPS

$4.13

Est $3.67

+12.5%

Revenue

$77.7B

Est $75.5B

+2.9%

Q3 2025

Jul 30, 2025

EPS

$3.65

Est $3.37

+8.3%

Revenue

$76.4B

Est $73.9B

+3.4%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 29, 2026	$4.27vs $4.06+5.2%	$82.9Bvs $81.4B+1.8%
Q1 2026	Jan 28, 2026	$4.14vs $3.90+6.2%	$81.3Bvs $80.3B+1.2%
Q4 2025	Oct 29, 2025	$4.13vs $3.67+12.5%	$77.7Bvs $75.5B+2.9%
Q3 2025	Jul 30, 2025	$3.65vs $3.37+8.3%	$76.4Bvs $73.9B+3.4%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
AAPLApple Inc.Direct Competitor	4.17T	284.18	38.09	6.43%	27.15%	146.69%	2.37%	1.52
GOOGLAlphabet Inc.Direct Competitor	4.7T	388.47	35.94	15.13%	37.91%	38.98%	1.56%	0.14
AMZNAmazon.com, Inc.Direct Competitor	2.94T	273.52	38.15	12.38%	12.22%	23.34%	0.26%	0.37
METAMeta Platforms, Inc.Direct Competitor	1.53T	604.96	25.75	22.17%	32.84%	33.22%	3.01%	0.39
ORCLOracle CorporationDirect Competitor	533.17B	185.45	42.73	8.38%	25.3%	56.31%		4.96
CRMSalesforce, Inc.Product Competitor	179.88B	186.99	23.97	9.58%	17.96%	12.61%	8.01%	0.11
SAPSAP SEProduct Competitor	200.87B	172.39	24.52	7.68%	19.12%	15.67%	4.64%	0.18
ADBEAdobe Inc.Product Competitor	105.57B	255.62	15.31	10.53%	29.48%	62.31%	9.33%	0.57

Compare MSFT vs Peers

Microsoft Corporation (MSFT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AAPL

Most directly comparable listed peer for MSFT.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare MSFT against a more recognizable public peer.

Peer Set

Compare Top 5

vs AAPL, GOOGL, AMZN, META

MSFT Income Statement

Microsoft Corporation (MSFT) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Jun'17	Jun'18	Jun'19	Jun'20	Jun'21	Jun'22	Jun'23	Jun'24	Jun'25	TTM
Sales/Revenue	96.57B	110.36B	125.84B	143.01B	168.09B	198.27B	211.91B	245.12B	281.72B	318.27B
Revenue Growth %	5.94%	14.28%	14.03%	13.65%	17.53%	17.96%	6.88%	15.67%	14.93%	17.87%
Cost of Goods Sold	34.26B	38.35B	42.91B	46.08B	52.23B	62.65B	65.86B	74.11B	87.83B	100.86B
COGS % of Revenue	35.48%	34.75%	34.1%	32.22%	31.07%	31.6%	31.08%	30.24%	31.18%	-
Gross Profit	62.31B▲ 0%	72.01B▲ 15.6%	82.93B▲ 15.2%	96.94B▲ 16.9%	115.86B▲ 19.5%	135.62B▲ 17.1%	146.05B▲ 7.7%	171.01B▲ 17.1%	193.89B▲ 13.4%	217.41B▲ 0%
Gross Margin %	64.52%	65.25%	65.9%	67.78%	68.93%	68.4%	68.92%	69.76%	68.82%	68.31%
Gross Profit Growth %	6.74%	15.56%	15.17%	16.89%	19.52%	17.06%	7.69%	17.09%	13.38%	-
Operating Expenses	32.98B	36.95B	39.97B	43.98B	45.94B	52.24B	57.53B	61.58B	65.36B	68.45B
OpEx % of Revenue	34.15%	33.48%	31.77%	30.75%	27.33%	26.35%	27.15%	25.12%	23.2%	-
Selling, General & Admin	19.94B	22.22B	23.1B	24.71B	25.22B	27.73B	30.33B	32.06B	32.88B	34.06B
SG&A % of Revenue	20.65%	20.14%	18.35%	17.28%	15.01%	13.98%	14.31%	13.08%	11.67%	-
Research & Development	13.04B	14.73B	16.88B	19.27B	20.72B	24.51B	27.2B	29.51B	32.49B	34.39B
R&D % of Revenue	13.5%	13.34%	13.41%	13.47%	12.32%	12.36%	12.83%	12.04%	11.53%	-
Other Operating Expenses	306M	0	0	0	0	0	0	0	0	0
Operating Income	29.02B▲ 0%	35.06B▲ 20.8%	42.96B▲ 22.5%	52.96B▲ 23.3%	69.92B▲ 32.0%	83.38B▲ 19.3%	88.52B▲ 6.2%	109.43B▲ 23.6%	128.53B▲ 17.4%	148.96B▲ 0%
Operating Margin %	30.06%	31.77%	34.14%	37.03%	41.59%	42.06%	41.77%	44.64%	45.62%	46.8%
Operating Income Growth %	11.3%	20.79%	22.54%	23.28%	32.02%	19.26%	6.16%	23.62%	17.45%	-
EBITDA	37.8B	45.32B	54.64B	65.75B	81.6B	97.84B	102.38B	131.72B	162.68B	192.59B
EBITDA Margin %	39.15%	41.06%	43.42%	45.98%	48.55%	49.35%	48.31%	53.74%	57.74%	60.51%
EBITDA Growth %	15.61%	19.88%	20.57%	20.34%	24.1%	19.9%	4.64%	28.65%	23.51%	27.15%
D&A (Non-Cash Add-back)	8.78B	10.26B	11.68B	12.8B	11.69B	14.46B	13.86B	22.29B	34.15B	43.63B
EBIT	32.12B	39.21B	46.37B	55.63B	73.45B	85.78B	91.28B	110.72B	126.01B	157.33B
Net Interest Income	-835M	-519M	76M	89M	-215M	31M	1.03B	222M	262M	488M
Interest Income	1.39B	2.21B	2.76B	2.68B	2.13B	2.09B	2.99B	3.16B	2.65B	3.31B
Interest Expense	2.22B	2.73B	2.69B	2.59B	2.35B	2.06B	1.97B	2.94B	2.38B	2.83B
Other Income/Expense	876M	1.42B	729M	77M	1.19B	333M	788M	-1.65B	-4.9B	5.55B
Pretax Income	29.9B▲ 0%	36.47B▲ 22.0%	43.69B▲ 19.8%	53.04B▲ 21.4%	71.1B▲ 34.1%	83.72B▲ 17.7%	89.31B▲ 6.7%	107.79B▲ 20.7%	123.63B▲ 14.7%	154.5B▲ 0%
Pretax Margin %	30.96%	33.05%	34.72%	37.08%	42.3%	42.22%	42.14%	43.97%	43.88%	48.54%
Income Tax	4.41B	19.9B	4.45B	8.76B	9.83B	10.98B	16.95B	19.65B	21.8B	29.29B
Effective Tax Rate %	14.76%	54.57%	10.18%	16.51%	13.83%	13.11%	18.98%	18.23%	17.63%	18.96%
Net Income	25.49B▲ 0%	16.57B▼ 35.0%	39.24B▲ 136.8%	44.28B▲ 12.8%	61.27B▲ 38.4%	72.74B▲ 18.7%	72.36B▼ 0.5%	88.14B▲ 21.8%	101.83B▲ 15.5%	125.22B▲ 0%
Net Margin %	26.39%	15.02%	31.18%	30.96%	36.45%	36.69%	34.15%	35.96%	36.15%	39.34%
Net Income Growth %	24.1%	-34.99%	136.8%	12.85%	38.37%	18.72%	-0.52%	21.8%	15.54%	29.58%
Net Income (Continuing)	25.49B	16.57B	39.24B	44.28B	61.27B	72.74B	72.36B	88.14B	101.83B	125.22B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	3.25▲ 0%	2.13▼ 34.5%	5.06▲ 137.6%	5.76▲ 13.8%	8.05▲ 39.8%	9.65▲ 19.9%	9.68▲ 0.3%	11.80▲ 21.9%	13.64▲ 15.6%	16.82▲ 0%
EPS Growth %	54.76%	-34.46%	137.56%	13.83%	39.76%	19.88%	0.31%	21.9%	15.59%	29.83%
EPS (Basic)	3.29	2.15	5.11	5.82	8.12	9.70	9.72	11.86	13.70	-
Diluted Shares Outstanding	7.83B	7.79B	7.75B	7.68B	7.61B	7.54B	7.47B	7.47B	7.46B	7.45B
Basic Shares Outstanding	7.75B	7.7B	7.67B	7.61B	7.55B	7.5B	7.45B	7.43B	7.43B	7.43B
Dividend Payout Ratio	46.47%	76.63%	35.2%	34.18%	26.96%	24.93%	27.36%	24.7%	23.65%	-

MSFT Balance Sheet

Microsoft Corporation (MSFT) balance sheet — assets, liabilities & shareholders' equity

Line item	Jun'17	Jun'18	Jun'19	Jun'20	Jun'21	Jun'22	Jun'23	Jun'24	Jun'25	TTM
Total Current Assets	162.7B	169.66B	175.55B	181.91B	184.41B	169.68B	184.26B	159.73B	191.13B	175.33B
Cash & Short-Term Investments	132.98B	133.77B	133.82B	136.53B	130.26B	104.75B	111.26B	75.53B	94.56B	78.27B
Cash Only	7.66B	11.95B	11.36B	13.58B	14.22B	13.93B	34.7B	18.32B	30.24B	32.1B
Short-Term Investments	125.32B	121.82B	122.46B	122.95B	116.03B	90.82B	76.55B	57.22B	64.31B	46.17B
Accounts Receivable	22.43B	26.48B	29.52B	32.01B	38.04B	44.26B	48.69B	56.92B	69.91B	60.04B
Days Sales Outstanding	84.78	87.58	85.63	81.7	82.61	81.48	83.86	84.76	90.57	68.63
Inventory	2.18B	2.66B	2.06B	1.9B	2.64B	3.74B	2.5B	1.25B	938M	1.22B
Days Inventory Outstanding	23.24	25.33	17.55	15.01	18.42	21.8	13.85	6.14	3.9	3.93
Other Current Assets	5.1B	6.75B	10.15B	11.48B	13.47B	16.93B	21.81B	26.03B	25.73B	35.8B
Total Non-Current Assets	87.62B	89.19B	111B	119.4B	149.37B	195.16B	227.72B	352.43B	427.87B	518.9B
Property, Plant & Equipment	30.29B	36.15B	43.86B	52.9B	70.8B	87.55B	109.99B	154.55B	229.79B	307.63B
Fixed Asset Turnover	3.19x	3.05x	2.87x	2.70x	2.37x	2.26x	1.93x	1.59x	1.23x	1.18x
Goodwill	35.12B	35.68B	42.03B	43.35B	49.71B	67.52B	67.89B	119.22B	119.51B	119.66B
Intangible Assets	10.11B	8.05B	7.75B	7.04B	7.8B	11.3B	9.37B	27.6B	22.6B	19.32B
Long-Term Investments	6.02B	1.86B	2.65B	2.96B	5.98B	6.89B	9.88B	14.6B	15.13B	80.3B
Other Non-Current Assets	6.08B	7.44B	14.72B	13.14B	15.07B	21.9B	30.6B	36.46B	40.84B	157.82B
Total Assets	250.31B▲ 0%	258.85B▲ 3.4%	286.56B▲ 10.7%	301.31B▲ 5.1%	333.78B▲ 10.8%	364.84B▲ 9.3%	411.98B▲ 12.9%	512.16B▲ 24.3%	619B▲ 20.9%	694.23B▲ 0%
Asset Turnover	0.39x	0.43x	0.44x	0.47x	0.50x	0.54x	0.51x	0.48x	0.46x	0.49x
Asset Growth %	29.38%	3.41%	10.7%	5.15%	10.78%	9.31%	12.92%	24.32%	20.86%	90.53%
Total Current Liabilities	55.74B	58.49B	69.42B	72.31B	88.66B	95.08B	104.15B	125.29B	141.22B	136.66B
Accounts Payable	7.39B	8.62B	9.38B	12.53B	15.16B	19B	18.09B	22B	27.72B	37.51B
Days Payables Outstanding	78.73	82.01	79.8	99.25	105.96	110.69	100.28	108.33	115.21	122.26
Short-Term Debt	10.12B	4B	5.52B	3.75B	8.07B	2.75B	5.25B	8.94B	3B	8.84B
Deferred Revenue (Current)	24.01B	28.91B	32.68B	36B	41.52B	45.54B	50.9B	57.58B	64.56B	225.84B
Other Current Liabilities	11.97B	13.27B	14.35B	15.74B	18.97B	20.44B	22.15B	25.82B	30.13B	39.38B
Current Ratio	2.92x	2.90x	2.53x	2.52x	2.08x	1.78x	1.77x	1.27x	1.35x	1.35x
Quick Ratio	2.88x	2.86x	2.50x	2.49x	2.05x	1.75x	1.75x	1.27x	1.35x	1.35x
Cash Conversion Cycle	29.29	30.91	23.38	-2.55	-4.93	-7.41	-2.56	-17.43	-20.75	-49.7
Total Non-Current Liabilities	106.86B	117.64B	114.81B	110.7B	103.13B	103.22B	101.6B	118.4B	134.31B	143.2B
Long-Term Debt	76.07B	72.24B	66.66B	59.58B	50.07B	47.03B	41.99B	42.69B	40.15B	48.13B
Capital Lease Obligations	7.8B	9.69B	12.45B	16.63B	21.38B	25.33B	28.6B	40.29B	60.44B	202.54B
Deferred Tax Liabilities	5.73B	541M	233M	204M	198M	230M	433M	2.62B	2.83B	11.46B
Other Non-Current Liabilities	14.61B	31.35B	30.94B	31.11B	28.87B	27.75B	27.67B	30.2B	28.17B	179.2B
Total Liabilities	162.6B	176.13B	184.23B	183.01B	191.79B	198.3B	205.75B	243.69B	275.52B	279.86B
Total Debt	95.53B	87.51B	86.45B	82.11B	82.28B	78.4B	79.44B	97.85B	112.18B	56.97B
Net Debt	87.86B	75.56B	75.1B	68.53B	68.05B	64.47B	44.74B	79.54B	81.94B	24.86B
Debt / Equity	1.09x	1.06x	0.84x	0.69x	0.58x	0.47x	0.39x	0.36x	0.33x	0.33x
Debt / EBITDA	2.53x	1.93x	1.58x	1.25x	1.01x	0.80x	0.78x	0.74x	0.69x	0.30x
Net Debt / EBITDA	2.32x	1.67x	1.37x	1.04x	0.83x	0.66x	0.44x	0.60x	0.50x	0.50x
Interest Coverage	14.46x	14.35x	17.27x	21.47x	31.31x	41.58x	46.38x	37.72x	52.84x	55.65x
Total Equity	87.71B▲ 0%	82.72B▼ 5.7%	102.33B▲ 23.7%	118.3B▲ 15.6%	141.99B▲ 20.0%	166.54B▲ 17.3%	206.22B▲ 23.8%	268.48B▲ 30.2%	343.48B▲ 27.9%	414.37B▲ 0%
Equity Growth %	21.83%	-5.69%	23.71%	15.61%	20.02%	17.29%	23.83%	30.19%	27.94%	111.99%
Book Value per Share	11.20	10.61	13.20	15.40	18.66	22.09	27.60	35.95	46.01	55.66
Total Shareholders' Equity	87.71B	82.72B	102.33B	118.3B	141.99B	166.54B	206.22B	268.48B	343.48B	414.37B
Common Stock	69.31B	71.22B	78.52B	80.55B	83.11B	86.94B	93.72B	100.92B	109.09B	115.07B
Retained Earnings	17.77B	13.68B	24.15B	34.57B	57.05B	84.28B	118.85B	173.14B	237.73B	302.53B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	627M	-2.19B	-340M	3.19B	1.82B	-4.68B	-6.34B	-5.59B	-3.35B	-3.23B
Minority Interest	0	0	0	0	0	0	0	0	0	0

MSFT Cash Flow Statement

Microsoft Corporation (MSFT) cash flow — operating, investing & free cash flow history

Line item	Jun'17	Jun'18	Jun'19	Jun'20	Jun'21	Jun'22	Jun'23	Jun'24	Jun'25	TTM
Cash from Operations	39.51B	43.88B	52.19B	60.67B	76.74B	89.03B	87.58B	118.55B	136.16B	136.16B
Operating CF Margin %	40.91%	39.76%	41.47%	42.43%	45.65%	44.91%	41.33%	48.36%	48.33%	-
Operating CF Growth %	18.55%	11.08%	18.92%	16.27%	26.48%	16.02%	-1.63%	35.36%	14.86%	132.9%
Net Income	25.49B	16.57B	39.24B	44.28B	61.27B	72.74B	72.36B	88.14B	101.83B	125.22B
Depreciation & Amortization	8.78B	10.26B	11.68B	12.8B	11.69B	14.46B	13.86B	22.29B	34.15B	43.63B
Stock-Based Compensation	3.27B	3.94B	4.65B	5.29B	6.12B	7.5B	9.61B	10.73B	11.97B	12.36B
Deferred Taxes	-829M	-5.14B	-6.46B	11M	-150M	-5.7B	-6.06B	-4.74B	-7.06B	7.32B
Other Non-Cash Items	-2.07B	-2.21B	-792M	-219M	-1.25B	-409M	196M	305M	609M	-12.16B
Working Capital Changes	4.88B	20.47B	3.87B	-1.48B	-936M	446M	-2.39B	1.82B	-5.35B	-6.22B
Change in Receivables	-1.22B	-3.86B	-2.81B	-2.58B	-6.48B	-6.83B	-4.09B	-7.19B	-10.58B	-7.83B
Change in Inventory	50M	-465M	597M	168M	-737M	-1.12B	1.24B	1.28B	309M	-364M
Change in Payables	81M	1.15B	232M	3.02B	2.8B	2.94B	-2.72B	3.54B	569M	2.25B
Cash from Investing	-46.78B	-6.06B	-15.77B	-12.22B	-27.58B	-30.31B	-22.68B	-96.97B	-72.6B	-115.24B
Capital Expenditures	-8.13B	-11.63B	-13.93B	-15.44B	-20.62B	-23.89B	-28.11B	-44.48B	-64.55B	-97.22B
CapEx % of Revenue	8.42%	10.54%	11.07%	10.8%	12.27%	12.05%	13.26%	18.14%	22.91%	-
Acquisitions	-25.94B	-888M	-2.39B	-2.52B	-8.91B	-22.04B	-1.67B	-69.13B	-5.98B	-3.03B
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-197M	-98M	0	-1.24B	-922M	-2.83B	-3.12B	-1.3B	2.32B	-6.8B
Cash from Financing	8.41B	-33.59B	-36.89B	-46.03B	-48.49B	-58.88B	-43.94B	-37.76B	-51.7B	-51.61B
Debt Issued (Net)	31.46B	-10.2B	-4B	-5.52B	-3.75B	-9.02B	-2.75B	575M	-8.96B	5.96B
Equity Issued (Net)	-11.02B	-9.72B	-18.4B	-21.63B	-25.69B	-30.86B	-20.38B	-15.25B	-16.36B	-20.2B
Dividends Paid	-11.85B	-12.7B	-13.81B	-15.14B	-16.52B	-18.14B	-19.8B	-21.77B	-24.08B	-25.86B
Share Repurchases	-11.79B	-10.72B	-19.54B	-22.97B	-27.39B	-32.7B	-22.25B	-17.25B	-18.42B	-22.24B
Other Financing	-190M	-971M	-675M	-3.75B	-2.52B	-863M	-1.01B	-1.31B	-2.29B	-11.52B
Net Change in Cash	1.15B▲ 0%	4.28B▲ 271.5%	-590M▼ 113.8%	2.22B▲ 476.3%	648M▼ 70.8%	-293M▼ 145.2%	20.77B▲ 7189.8%	-16.39B▼ 178.9%	11.93B▲ 172.8%	3.28B▲ 0%
Free Cash Flow	31.38B▲ 0%	32.25B▲ 2.8%	38.26B▲ 18.6%	45.23B▲ 18.2%	56.12B▲ 24.1%	65.15B▲ 16.1%	59.48B▼ 8.7%	74.07B▲ 24.5%	71.61B▼ 3.3%	72.92B▲ 0%
FCF Margin %	32.49%	29.22%	30.4%	31.63%	33.39%	32.86%	28.07%	30.22%	25.42%	22.91%
FCF Growth %	25.6%	2.79%	18.63%	18.23%	24.06%	16.09%	-8.71%	24.54%	-3.32%	5.12%
FCF per Share	4.01	4.14	4.93	5.89	7.38	8.64	7.96	9.92	9.59	9.59
FCF Conversion (FCF/Net Income)	1.55x	2.65x	1.33x	1.37x	1.25x	1.22x	1.21x	1.35x	1.34x	0.58x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

MSFT Key Ratios

Microsoft Corporation (MSFT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	31.92%	19.45%	42.41%	40.14%	47.08%	47.15%	38.82%	37.13%	33.28%	33.13%
Return on Invested Capital (ROIC)	14.74%	15.75%	19.19%	21.81%	26.42%	28.36%	27.55%	27.41%	24.93%	24.93%
Gross Margin	64.52%	65.25%	65.9%	67.78%	68.93%	68.4%	68.92%	69.76%	68.82%	68.31%
Net Margin	26.39%	15.02%	31.18%	30.96%	36.45%	36.69%	34.15%	35.96%	36.15%	39.34%
Debt / Equity	1.09x	1.06x	0.84x	0.69x	0.58x	0.47x	0.39x	0.36x	0.33x	0.33x
Interest Coverage	14.46x	14.35x	17.27x	21.47x	31.31x	41.58x	46.38x	37.72x	52.84x	55.65x
FCF Conversion	1.55x	2.65x	1.33x	1.37x	1.25x	1.22x	1.21x	1.35x	1.34x	0.58x
Revenue Growth	5.94%	14.28%	14.03%	13.65%	17.53%	17.96%	6.88%	15.67%	14.93%	17.87%

MSFT SEC Filings & Documents

Microsoft Corporation (MSFT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 29, 2026·SEC

Material company update

Jan 28, 2026·SEC

Material company update

Dec 8, 2025·SEC

10-K Annual Reports

FY 2025

Jul 30, 2025·SEC

10-Q Quarterly Reports

FY 2026

Apr 29, 2026·SEC

FY 2026

Jan 28, 2026·SEC

FY 2025

Oct 29, 2025·SEC

MSFT Frequently Asked Questions

Microsoft Corporation (MSFT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Microsoft Corporation (MSFT) reported $318.27B in revenue for fiscal year 2025. This represents a 3571% increase from $8.67B in 1996.

Microsoft Corporation (MSFT) grew revenue by 14.9% over the past year. This is steady growth.

Yes, Microsoft Corporation (MSFT) is profitable, generating $125.22B in net income for fiscal year 2025 (36.1% net margin).

Dividend & Returns

Yes, Microsoft Corporation (MSFT) pays a dividend with a yield of 0.78%. This makes it attractive for income-focused investors.

Microsoft Corporation (MSFT) has a return on equity (ROE) of 33.3%. This is excellent, indicating efficient use of shareholder capital.

Microsoft Corporation (MSFT) generated $72.92B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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