MICROSOFT CORPORATION (MSFT) FY2026 Annual P&L / Income Statement
2025-07-01 to 2026-06-30
Revenue by Product and Service (10 categories)
2025-07-01 to 2026-06-30
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MICROSOFT CORPORATION (MSFT) FY2026 Annual P&L / Income Statement
Income statement for 2025-07-01 through 2026-06-30. View: Product and service (10 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenue
- 331,839,000,000 US dollars
- Cost of revenue
- 106,374,000,000 US dollars
- Gross margin
- 225,465,000,000 US dollars
- Operating expenses (calculated)
- 70,228,000,000 US dollars
- Operating income
- 155,237,000,000 US dollars
- Other income (expense), net
- 10,697,000,000 US dollars
- Income before income taxes
- 165,934,000,000 US dollars
- Provision for income taxes
- 32,185,000,000 US dollars
- Net income
- 133,749,000,000 US dollars
- Server Products and Cloud Services
- 129,425,000,000 US dollars
- Microsoft 365 Commercial Products and Cloud Services
- 101,997,000,000 US dollars
- XBOX
- 21,790,000,000 US dollars
- 19,817,000,000 US dollars
- Windows and Devices
- 17,084,000,000 US dollars
- Search advertising
- 15,176,000,000 US dollars
- Microsoft 365 Consumer products and cloud services
- 9,175,000,000 US dollars
- Dynamics products and cloud services
- 9,006,000,000 US dollars
- Enterprise and partner services
- 8,260,000,000 US dollars
- Other
- 109,000,000 US dollars
- Research and development
- 35,562,000,000 US dollars
- Sales and marketing
- 26,710,000,000 US dollars
- General and administrative
- 7,956,000,000 US dollars
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

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Gross margin
67.9%
Gross profit / revenue
Operating margin
46.8%
Operating profit / revenue
Cash conversion
136.8%
Operating cash / net income, same period
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