MICROSOFT CORPORATION (MSFT) FY2026 Annual P&L / Income Statement

2025-07-01 to 2026-06-30

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MICROSOFT CORPORATION (MSFT) FY2026 Annual P&L / Income StatementIncome statement for 2025-07-01 through 2026-06-30. View: Business segment. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProductivity and Business Processes revenueIntelligent Cloud revenueMore Personal Computing revenueRevenueGross marginCost of revenueIntelligent Cloud cost of revenueProductivity and Business Processes cost of revenueMore Personal Computing cost of revenueOperating incomeOperating expenses (calculated)Research and developmentSales and marketingGeneral and administrativeOther income (expense), netIncome before income taxesNet incomeProvision for income taxesOther income (expense), netOther income(expense), net$10.70 BIncome before income taxesPretax income$165.93 BRevenueRevenue$331.84 BGross marginGross margin$225.47 BOperating incomeOperating income$155.24 BNet incomeNet income$133.75 BProductivity and Business Processes revenueProductivity and Business Processes$140.00 BOperating expenses (calculated)Operating expenses(calculated)$70.23 BProvision for income taxesProvision forincome taxes$32.19 BIntelligent Cloud revenueIntelligent Cloud$137.79 BResearch and developmentResearch and development$35.56 BCost of revenueCost of revenue$106.37 BSales and marketingSales and marketing$26.71 BMore Personal Computing revenueMore Personal Computing$54.05 BGeneral and administrativeGeneral and administrative$7.96 BIntelligent Cloud cost of revenueIntelligent Cloud$57.88 BProductivity and Business Processes cost of revenueProductivity andBusiness Processes$25.02 BMore Personal Computing cost of revenueMore PersonalComputing$23.48 B
Chart details

MICROSOFT CORPORATION (MSFT) FY2026 Annual P&L / Income Statement

Income statement for 2025-07-01 through 2026-06-30. View: Business segment. Revenue and costs use their disclosed 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
Productivity and Business Processes revenue
139,996,000,000 US dollars
Intelligent Cloud revenue
137,791,000,000 US dollars
More Personal Computing revenue
54,052,000,000 US dollars
Productivity and Business Processes cost of revenue
25,017,000,000 US dollars
Intelligent Cloud cost of revenue
57,876,000,000 US dollars
More Personal Computing cost of revenue
23,481,000,000 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.
MICROSOFT CORPORATION (MSFT) FY2026 Annual Revenue by Business Segment Sankey chart
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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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