Microsoft Corporation (MSFT) quarterly balance sheet — complete assets, liabilities & equity history
Microsoft Corporation (MSFT) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 207.71B | 175.33B | 180.19B | 189.07B | 191.13B | 156.64B | 147.08B | 149.93B | 159.73B | 147.18B | 147.39B | 207.59B | 184.26B | 163.89B | 157.82B | 160.81B | 169.68B | 153.92B | 174.19B | 174.33B |
| Cash & Short-Term Investments | 76.84B | 78.27B | 89.46B | 102B | 94.56B | 79.61B | 71.55B | 78.43B | 75.53B | 80.01B | 80.98B | 143.94B | 111.26B | 104.42B | 99.5B | 107.24B | 104.75B | 104.66B | 125.35B | 130.58B |
| Cash Only | 20.93B | 32.1B | 24.3B | 28.85B | 30.24B | 28.83B | 17.48B | 20.84B | 18.32B | 19.63B | 17.3B | 80.45B | 34.7B | 26.56B | 15.65B | 22.88B | 13.93B | 12.5B | 20.6B | 19.16B |
| Short-Term Investments | 55.91B | 46.17B | 65.16B | 73.16B | 64.31B | 50.78B | 54.07B | 57.59B | 57.22B | 60.38B | 63.68B | 63.49B | 76.55B | 77.86B | 83.85B | 84.36B | 90.82B | 92.16B | 104.74B | 111.42B |
| Accounts Receivable | 80.88B | 60.04B | 56.53B | 52.89B | 69.91B | 51.7B | 48.19B | 44.15B | 56.92B | 44.03B | 42.83B | 36.95B | 48.69B | 37.42B | 35.83B | 31.28B | 44.26B | 32.61B | 33.52B | 27.35B |
| Days Sales Outstanding | 71.24 | 63.29 | 61.94 | 72.72 | 72.38 | 64.15 | 61 | 70.89 | 70.97 | 63.89 | 59.18 | 69.7 | 69.73 | 62.36 | 58.53 | 69.33 | 67.44 | 60.29 | 54.13 | 66.38 |
| Inventory | 1.4B | 1.22B | 1.06B | 1.13B | 938M | 848M | 909M | 1.63B | 1.25B | 1.3B | 1.61B | 3B | 2.5B | 2.88B | 2.98B | 4.27B | 3.74B | 3.3B | 3.02B | 3.41B |
| Days Inventory Outstanding | 4.03 | 3.82 | 3.88 | 3.96 | 3.38 | 3.61 | 5.35 | 6.57 | 5.89 | 7.18 | 10.82 | 15.52 | 14.57 | 16.34 | 19.07 | 23.85 | 19.49 | 18.2 | 17.44 | 20.38 |
| Other Current Assets | 48.59B | 35.8B | 33.14B | 33.04B | 25.73B | 24.48B | 26.43B | 25.72B | 26.03B | 21.83B | 21.96B | 23.69B | 21.81B | 19.17B | 19.52B | 18.02B | 16.93B | 13.35B | 12.3B | 12.98B |
| Total Non-Current Assets | 550.67B | 518.9B | 485.11B | 447.29B | 427.87B | 405.98B | 386.82B | 373.09B | 352.43B | 337.1B | 323.17B | 238.2B | 227.72B | 216.2B | 206.73B | 198.97B | 195.16B | 190.69B | 166.2B | 161.09B |
| Property, Plant & Equipment | 337.25B | 307.63B | 286.23B | 255.65B | 229.79B | 208.41B | 189.72B | 173.39B | 154.55B | 138.75B | 128.71B | 117.94B | 109.99B | 102.01B | 96.38B | 90.38B | 87.55B | 83.21B | 79.57B | 75.35B |
| Fixed Asset Turnover | 0.28x | 0.28x | 0.30x | 0.32x | 0.35x | 0.35x | 0.38x | 0.40x | 0.44x | 0.46x | 0.50x | 0.50x | 0.53x | 0.53x | 0.56x | 0.56x | 0.61x | 0.61x | 0.67x | 0.62x |
| Goodwill | 119.65B | 119.66B | 119.62B | 119.5B | 119.51B | 119.33B | 119.19B | 119.37B | 119.22B | 119.16B | 118.93B | 67.79B | 67.89B | 67.94B | 67.91B | 67.46B | 67.52B | 67.37B | 50.92B | 50.45B |
| Intangible Assets | 18.61B | 19.32B | 20.29B | 21.24B | 22.6B | 23.97B | 25.39B | 26.75B | 27.6B | 28.83B | 29.9B | 8.89B | 9.37B | 9.88B | 10.36B | 10.81B | 11.3B | 11.35B | 7.46B | 7.79B |
| Long-Term Investments | 36.35B | 33.68B | 21.2B | 10.28B | 15.13B | 15.76B | 15.58B | 15.78B | 14.6B | 14.81B | 13.37B | 11.42B | 9.88B | 9.41B | 7.1B | 6.84B | 6.89B | 6.91B | 6.99B | 6.39B |
| Other Non-Current Assets | 38.8B | 38.6B | 37.77B | 40.62B | 40.84B | 38.51B | 36.94B | 37.79B | 36.46B | 35.55B | 32.27B | 32.15B | 30.6B | 26.95B | 24.99B | 23.48B | 21.9B | 21.84B | 21.26B | 21.1B |
| Total Assets | 758.38B | 694.23B | 665.3B | 636.35B | 619B | 562.62B | 533.9B | 523.01B | 512.16B | 484.27B | 470.56B | 445.79B | 411.98B | 380.09B | 364.55B | 359.78B | 364.84B | 344.61B | 340.39B | 335.42B |
| Asset Turnover | 0.12x | 0.12x | 0.12x | 0.12x | 0.13x | 0.13x | 0.13x | 0.13x | 0.13x | 0.13x | 0.14x | 0.13x | 0.14x | 0.14x | 0.15x | 0.14x | 0.15x | 0.14x | 0.15x | 0.14x |
| Asset Growth % | 22.52% | 23.39% | 24.61% | 21.67% | 20.86% | 16.18% | 13.46% | 17.32% | 24.32% | 27.41% | 29.08% | 23.9% | 12.92% | 10.3% | 7.1% | 7.26% | 9.31% | 11.57% | 11.92% | 11.43% |
| Total Current Liabilities | 168.82B | 136.66B | 130B | 135B | 141.22B | 114.21B | 108.88B | 115.2B | 125.29B | 118.53B | 121.02B | 124.79B | 104.15B | 85.69B | 81.72B | 87.39B | 95.08B | 77.44B | 77.51B | 80.53B |
| Accounts Payable | 42.42B | 37.51B | 37.33B | 32.58B | 27.72B | 26.25B | 22.61B | 22.77B | 22B | 18.09B | 17.7B | 19.31B | 18.09B | 15.3B | 15.35B | 16.61B | 19B | 16.09B | 15.31B | 14.83B |
| Days Payables Outstanding | 123.18 | 125.53 | 123.79 | 115.38 | 102.27 | 100.31 | 95.75 | 102.45 | 92.65 | 87.98 | 86.74 | 105.54 | 90.49 | 85.54 | 84.07 | 106.01 | 97.17 | 90.49 | 81.76 | 101.11 |
| Short-Term Debt | 9.23B | 8.84B | 4.84B | 7.83B | 3B | 3B | 5.25B | 2.25B | 8.94B | 22.78B | 29.29B | 29.56B | 5.25B | 6.25B | 4B | 3.25B | 2.75B | 1.75B | 5B | 3.25B |
| Deferred Revenue (Current) | 72.97B | 50.92B | 51.38B | 58.99B | 64.56B | 44.64B | 45.51B | 53.03B | 57.58B | 41.89B | 43.07B | 46.43B | 50.9B | 36.9B | 36.98B | 41.34B | 45.54B | 34.03B | 34B | 38.47B |
| Other Current Liabilities | 17.06B | 26.22B | 25.16B | 23.12B | 30.13B | 25.39B | 22.18B | 20.93B | 25.82B | 23.17B | 20.7B | 17.35B | 22.15B | 19.59B | 18.44B | 16.18B | 20.44B | 17.79B | 16.4B | 14.78B |
| Current Ratio | 1.23x | 1.28x | 1.39x | 1.40x | 1.35x | 1.37x | 1.35x | 1.30x | 1.27x | 1.24x | 1.22x | 1.66x | 1.77x | 1.91x | 1.93x | 1.84x | 1.78x | 1.99x | 2.25x | 2.16x |
| Quick Ratio | 1.22x | 1.27x | 1.38x | 1.39x | 1.35x | 1.36x | 1.34x | 1.29x | 1.27x | 1.23x | 1.20x | 1.64x | 1.75x | 1.88x | 1.89x | 1.79x | 1.75x | 1.95x | 2.21x | 2.12x |
| Cash Conversion Cycle | -47.91 | -58.42 | -57.98 | -38.69 | -26.5 | -32.55 | -29.4 | -24.99 | -15.79 | -16.91 | -16.75 | -20.31 | -6.19 | -6.84 | -6.48 | -12.83 | -10.24 | -12 | -10.2 | -14.35 |
| Total Non-Current Liabilities | 147.16B | 143.2B | 144.42B | 138.28B | 134.31B | 126.53B | 122.32B | 120.09B | 118.4B | 112.6B | 111.27B | 100.28B | 101.6B | 99.71B | 99.7B | 98.83B | 103.22B | 104.24B | 102.87B | 102.91B |
| Long-Term Debt | 31.07B | 31.42B | 35.42B | 35.38B | 40.15B | 39.88B | 39.72B | 42.87B | 42.69B | 42.66B | 44.93B | 41.95B | 41.99B | 41.97B | 44.12B | 45.37B | 47.03B | 48.18B | 48.26B | 50.04B |
| Capital Lease Obligations | 78.84B | 75.57B | 73.76B | 68.35B | 60.44B | 54.01B | 50.66B | 45.21B | 40.29B | 35.51B | 32.66B | 30.06B | 28.6B | 27.62B | 26.48B | 25.23B | 25.33B | 24.91B | 24.02B | 22.72B |
| Deferred Tax Liabilities | 3.05B | 2.9B | 2.88B | 2.85B | 2.83B | 2.52B | 2.51B | 2.58B | 2.62B | 2.47B | 2.55B | 470M | 433M | 302M | 289M | 223M | 230M | 304M | 199M | 212M |
| Other Non-Current Liabilities | 31.46B | 30.55B | 29.7B | 29.16B | 28.17B | 27.27B | 26.89B | 26.77B | 30.2B | 29.02B | 28.17B | 25.04B | 27.67B | 27.13B | 26.17B | 25.45B | 27.75B | 28.09B | 27.62B | 27.39B |
| Total Liabilities | 315.99B | 279.86B | 274.43B | 273.27B | 275.52B | 240.73B | 231.2B | 235.29B | 243.69B | 231.12B | 232.29B | 225.07B | 205.75B | 185.41B | 181.42B | 186.22B | 198.3B | 181.68B | 180.38B | 183.44B |
| Total Debt | 128.81B | 125.43B | 123.28B | 120.38B | 112.18B | 105.02B | 102.91B | 96.84B | 97.85B | 106.23B | 111.36B | 105.68B | 79.44B | 79.31B | 77.98B | 77.14B | 78.4B | 77.98B | 80.35B | 78.94B |
| Net Debt | 107.87B | 93.33B | 98.98B | 91.53B | 81.94B | 76.19B | 85.43B | 76B | 79.54B | 86.59B | 94.05B | 25.23B | 44.74B | 52.75B | 62.34B | 54.25B | 64.47B | 65.48B | 59.75B | 59.77B |
| Debt / Equity | 0.29x | 0.30x | 0.32x | 0.33x | 0.33x | 0.33x | 0.34x | 0.34x | 0.36x | 0.42x | 0.47x | 0.48x | 0.39x | 0.41x | 0.43x | 0.44x | 0.47x | 0.48x | 0.50x | 0.52x |
| Debt / EBITDA | 2.76x | 2.58x | 2.60x | 2.36x | 2.46x | 2.58x | 2.67x | 2.55x | 2.85x | 3.16x | 3.38x | 3.43x | 2.82x | 3.06x | 3.24x | 3.17x | 3.20x | 3.23x | 3.12x | 3.37x |
| Net Debt / EBITDA | 2.31x | 1.92x | 2.09x | 1.79x | 1.80x | 1.87x | 2.22x | 2.00x | 2.32x | 2.58x | 2.85x | 0.82x | 1.59x | 2.04x | 2.59x | 2.23x | 2.63x | 2.71x | 2.32x | 2.55x |
| Interest Coverage | 53.50x | 51.57x | 66.55x | 50.14x | 54.03x | 53.82x | 50.44x | 53.01x | 39.87x | 34.41x | 30.18x | 52.97x | 52.30x | 46.71x | 42.51x | 44.14x | 42.30x | 41.14x | 43.89x | 39.08x |
| Total Equity | 442.39B | 414.37B | 390.88B | 363.08B | 343.48B | 321.89B | 302.69B | 287.72B | 268.48B | 253.15B | 238.27B | 220.71B | 206.22B | 194.68B | 183.14B | 173.57B | 166.54B | 162.92B | 160.01B | 151.98B |
| Equity Growth % | 28.8% | 28.73% | 29.13% | 26.19% | 27.94% | 27.15% | 27.04% | 30.36% | 30.19% | 30.03% | 30.1% | 27.16% | 23.83% | 19.49% | 14.45% | 14.2% | 17.29% | 21.13% | 22.86% | 23.17% |
| Book Value per Share | 59.36 | 55.66 | 52.40 | 48.63 | 46.04 | 43.14 | 40.53 | 38.52 | 35.93 | 33.88 | 31.91 | 29.58 | 27.62 | 26.08 | 24.51 | 23.19 | 22.19 | 21.63 | 21.18 | 20.08 |
| Total Shareholders' Equity | 442.39B | 414.37B | 390.88B | 363.08B | 343.48B | 321.89B | 302.69B | 287.72B | 268.48B | 253.15B | 238.27B | 220.71B | 206.22B | 194.68B | 183.14B | 173.57B | 166.54B | 162.92B | 160.01B | 151.98B |
| Common Stock | 117.41B | 115.07B | 112.79B | 110.96B | 109.09B | 106.97B | 104.83B | 102.98B | 100.92B | 99.19B | 97.48B | 95.51B | 93.72B | 92.09B | 90.22B | 88.53B | 86.94B | 85.77B | 84.53B | 83.75B |
| Retained Earnings | 328.26B | 302.53B | 280.79B | 254.87B | 237.73B | 219.76B | 203.48B | 188.93B | 173.14B | 159.39B | 145.74B | 132.14B | 118.85B | 108.23B | 99.37B | 92.37B | 84.28B | 79.63B | 75.05B | 66.94B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -3.28B | -3.23B | -2.7B | -2.76B | -3.35B | -4.83B | -5.62B | -4.18B | -5.59B | -5.43B | -4.95B | -6.94B | -6.34B | -5.64B | -6.46B | -7.34B | -4.68B | -2.48B | 437M | 1.28B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |