MICROSOFT CORP (MSFT) closed fiscal year 2026 with net revenue of 332 B USD, up 17.8 % year on year, and net income of 134 B USD.
MICROSOFT CORP (MSFT) closed fiscal year 2026, whose accounting year ends in June, with net revenue of 332 B USD, up 17.8 % year on year. Gross profit was 225 B USD and EBIT 155 B USD. EBITDA came to 194 B USD. Net income came in at 134 B USD, up 31.3 % year on year, and diluted EPS at 17.95 USD. Over the whole period net revenue compounds at 9.9 % a year. The series covers 19 fiscal years, from 2008 to 2026. The annual report (10-K) these figures come from was filed on 29/07/2026. All figures are stated in USD and come from the statements as reported to the SEC (EDGAR), with no restatements or adjustments of our own. Each line item in the table carries its year-on-year change underneath.
Fiscal year end: June
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027E | 2028E | 2029E | 2030E | 2031E | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net revenue | 60.4B | 58.4B | 62.5B | 69.9B | 73.7B | 77.8B | 86.8B | 93.6B | 91.2B | 96.6B | 110B | 126B | 143B | 168B | 198B | 212B | 245B | 282B | 332B | 390B | 466B | 558B | 656B | 870B |
| Net revenue — YoY growth | — | -3.28 % | 6.93 % | 11.94 % | 5.40 % | 5.60 % | 11.54 % | 7.77 % | -2.59 % | 5.94 % | 14.28 % | 14.03 % | 13.65 % | 17.53 % | 17.96 % | 6.88 % | 15.67 % | 14.93 % | 17.79 % | 17.40 % | 19.58 % | 19.80 % | 17.51 % | 32.65 % |
| Cost of sales | -11.6B | -12.2B | -12.4B | -15.6B | -17.5B | -20.4B | -27.1B | -33.0B | -32.8B | -34.3B | -38.4B | -42.9B | -46.1B | -52.2B | -62.7B | -65.9B | -74.1B | -87.8B | -106B | — | — | — | — | — |
| Gross profit | 48.8B | 46.3B | 50.1B | 54.4B | 56.2B | 57.5B | 59.8B | 60.5B | 58.4B | 62.3B | 72.0B | 82.9B | 96.9B | 116B | 136B | 146B | 171B | 194B | 225B | — | — | — | — | — |
| Gross profit — YoY growth | — | -5.20 % | 8.23 % | 8.54 % | 3.36 % | 2.26 % | 3.99 % | 1.32 % | -3.58 % | 6.74 % | 15.56 % | 15.17 % | 16.89 % | 19.52 % | 17.06 % | 7.69 % | 17.09 % | 13.38 % | 16.28 % | — | — | — | — | — |
| Cash operating expenses (excl. D&A) | -24.7B | -23.6B | -23.5B | -24.7B | -31.7B | -27.4B | -27.8B | -37.0B | -26.4B | -25.5B | -27.0B | -28.4B | -31.7B | -35.0B | -37.6B | -44.0B | -41.6B | -37.4B | -31.2B | — | — | — | — | — |
| EBITDA | 24.1B | 22.7B | 26.6B | 29.7B | 24.5B | 30.1B | 32.0B | 23.6B | 32.0B | 36.8B | 45.0B | 54.6B | 65.3B | 80.8B | 98.0B | 102B | 129B | 157B | 194B | 213B | 255B | 306B | 359B | 476B |
| EBITDA — YoY growth | — | -6.17 % | 17.44 % | 11.63 % | -17.43 % | 22.76 % | 6.31 % | -26.38 % | 35.63 % | 15.24 % | 22.09 % | 21.36 % | 19.61 % | 23.84 % | 21.24 % | 4.12 % | 26.87 % | 20.93 % | 24.09 % | 9.84 % | 19.58 % | 19.80 % | 17.51 % | 32.65 % |
| Depreciation & amortization (D&A) | -1.87B | -2.29B | -2.51B | -2.54B | -2.76B | -3.34B | -4.25B | -5.40B | -5.88B | -7.80B | -9.90B | -11.6B | -12.3B | -10.9B | -14.6B | -13.5B | -20.0B | -28.0B | -39.0B | — | — | — | — | — |
| EBIT | 22.3B | 20.4B | 24.1B | 27.2B | 21.8B | 26.8B | 27.8B | 18.2B | 26.1B | 29.0B | 35.1B | 43.0B | 53.0B | 69.9B | 83.4B | 88.5B | 109B | 129B | 155B | 177B | 212B | 254B | 298B | 395B |
| EBIT — YoY growth | — | -8.57 % | 18.34 % | 12.71 % | -19.87 % | 22.98 % | 3.72 % | -34.58 % | 43.59 % | 11.30 % | 20.79 % | 22.54 % | 23.28 % | 32.02 % | 19.26 % | 6.16 % | 23.62 % | 17.45 % | 20.78 % | 14.01 % | 19.58 % | 19.80 % | 17.51 % | 32.65 % |
| Net interest & non-operating items | 1,543M | -542M | 915M | 910M | 504M | 288M | 61.0M | 346M | -439M | 876M | 1,416M | 729M | 77.0M | 1,186M | 333M | 788M | -1,646M | -4,901M | 10,697M | — | — | — | — | — |
| EBT (pre-tax income) | 23.8B | 19.8B | 25.0B | 28.1B | 22.3B | 27.1B | 27.8B | 18.5B | 25.6B | 29.9B | 36.5B | 43.7B | 53.0B | 71.1B | 83.7B | 89.3B | 108B | 124B | 166B | — | — | — | — | — |
| EBT (pre-tax income) — YoY growth | — | -16.77 % | 26.19 % | 12.23 % | -20.68 % | 21.49 % | 2.84 % | -33.48 % | 38.54 % | 16.62 % | 21.98 % | 19.78 % | 21.40 % | 34.06 % | 17.74 % | 6.68 % | 20.69 % | 14.70 % | 34.22 % | — | — | — | — | — |
| Income tax | -6.13B | -5.25B | -6.25B | -4.92B | -5.29B | -5.19B | -5.75B | -6.31B | -5.10B | -4.41B | -19.9B | -4.45B | -8.76B | -9.83B | -11.0B | -17.0B | -19.7B | -21.8B | -32.2B | — | — | — | — | — |
| Net income | 17.7B | 14.6B | 18.8B | 23.2B | 17.0B | 21.9B | 22.1B | 12.2B | 20.5B | 25.5B | 16.6B | 39.2B | 44.3B | 61.3B | 72.7B | 72.4B | 88.1B | 102B | 134B | 146B | 173B | 210B | 264B | 334B |
| Net income — YoY growth | — | -17.60 % | 28.77 % | 23.40 % | -26.66 % | 28.77 % | 0.97 % | -44.76 % | 68.45 % | 24.10 % | -34.99 % | 136.80 % | 12.85 % | 38.37 % | 18.72 % | -0.52 % | 21.80 % | 15.54 % | 31.34 % | 9.13 % | 18.26 % | 21.55 % | 25.96 % | 26.47 % |
| Unusual items (after tax) | 0.00M | 0.00M | 0.00M | 0.00M | 4,722M | 0.00M | 0.00M | 6,309M | 906M | 261M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 12.2M | 449M | 0.00M | -4,615M | — | — | — | — | — |
| Normalization adjustment (tax and other) | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | -0.00B | 0.00B | 0.00B | 10.8B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | — | — | — | — | — |
| Normalized income (adjusted) | 17.7B | 14.6B | 18.8B | 23.2B | 21.7B | 21.9B | 22.1B | 18.5B | 21.4B | 25.7B | 27.4B | 39.2B | 44.3B | 61.3B | 72.7B | 72.4B | 88.6B | 102B | 129B | — | — | — | — | — |
| Normalized income (adjusted) — YoY growth | — | -17.60 % | 28.77 % | 23.40 % | -6.26 % | 0.75 % | 0.97 % | -16.18 % | 15.91 % | 20.07 % | 6.24 % | 43.44 % | 12.85 % | 38.37 % | 18.72 % | -0.50 % | 22.40 % | 14.95 % | 26.81 % | — | — | — | — | — |
| Filing date | 30/07/2010 | 30/07/2010 | 30/07/2010 | 28/07/2011 | 26/07/2012 | 30/07/2013 | 31/07/2014 | 31/07/2015 | 28/07/2016 | 02/08/2017 | 03/08/2018 | 01/08/2019 | 30/07/2020 | 29/07/2021 | 28/07/2022 | 27/07/2023 | 30/07/2024 | 30/07/2025 | 29/07/2026 | — | — | — | — | — |
Figures in USD
Fiscal year end: June
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027E | 2028E | 2029E | 2030E | 2031E | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Basic EPS | 1.90 | 1.63 | 2.13 | 2.73 | 2.02 | 2.61 | 2.66 | 1.49 | 2.59 | 3.29 | 2.15 | 5.11 | 5.82 | 8.12 | 9.70 | 9.72 | 11.86 | 13.70 | 18.00 | 19.63 | 23.25 | 28.17 | 35.46 | 44.85 |
| Basic EPS — YoY growth | — | -14.21 % | 30.67 % | 28.17 % | -26.01 % | 29.21 % | 1.92 % | -43.98 % | 73.83 % | 27.03 % | -34.65 % | 137.67 % | 13.89 % | 39.52 % | 19.46 % | 0.21 % | 22.02 % | 15.51 % | 31.39 % | 9.06 % | 18.46 % | 21.16 % | 25.87 % | 26.47 % |
| Diluted EPS | 1.87 | 1.62 | 2.10 | 2.69 | 2.00 | 2.58 | 2.63 | 1.48 | 2.56 | 3.25 | 2.13 | 5.06 | 5.76 | 8.05 | 9.65 | 9.68 | 11.80 | 13.64 | 17.95 | 19.63 | 23.25 | 28.17 | 35.46 | 44.85 |
| Diluted EPS — YoY growth | — | -13.37 % | 29.63 % | 28.10 % | -25.65 % | 29.00 % | 1.94 % | -43.73 % | 72.97 % | 26.95 % | -34.46 % | 137.56 % | 13.83 % | 39.76 % | 19.88 % | 0.31 % | 21.90 % | 15.59 % | 31.60 % | 9.36 % | 18.46 % | 21.16 % | 25.87 % | 26.47 % |
| Normalized basic EPS | 1.90 | 1.63 | 2.13 | 2.73 | 2.58 | 2.61 | 2.66 | 2.26 | 2.71 | 3.32 | 3.55 | 5.11 | 5.82 | 8.12 | 9.70 | 9.72 | 11.92 | 13.70 | 17.38 | — | — | — | — | — |
| Normalized basic EPS — YoY growth | — | -14.07 % | 30.70 % | 28.10 % | -5.21 % | 1.00 % | 1.89 % | -14.93 % | 19.59 % | 22.85 % | 6.87 % | 43.95 % | 13.78 % | 39.52 % | 19.52 % | 0.17 % | 22.65 % | 14.92 % | 26.88 % | — | — | — | — | — |
| Normalized diluted EPS | 1.87 | 1.62 | 2.10 | 2.69 | 2.55 | 2.58 | 2.63 | 2.24 | 2.68 | 3.29 | 3.51 | 5.06 | 5.76 | 8.05 | 9.65 | 9.69 | 11.86 | 13.64 | 17.33 | — | — | — | — | — |
| Normalized diluted EPS — YoY growth | — | -13.26 % | 29.76 % | 28.20 % | -5.30 % | 1.18 % | 1.82 % | -14.71 % | 19.39 % | 22.85 % | 6.75 % | 44.20 % | 13.87 % | 39.73 % | 19.79 % | 0.40 % | 22.45 % | 15.02 % | 27.02 % | — | — | — | — | — |
Figures in USD
