Discontinued — last reported Q4 '25
Operating Cash Flow
OperatingMicrosoft Operating Cash Flow decreased by 20.6% to $35.76B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 60.4%, from $22.29B to $35.76B. Over 4 years (FY 2021 to FY 2025), Operating Cash Flow shows an upward trend with a 20.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher values indicate a self-sustaining business with strong cash generation; a significant divergence from net income can signal high-quality earnings or potential accounting red flags.
Detailed definition
The total amount of cash generated by a company's core business operations, calculated by adjusting net income for non-c...
Peer comparison
This is the gold standard for comparing the cash-generating power of tech giants like Amazon, Google, and Microsoft.
cf_net_cash_from_operatingHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.84B | $24.54B | $14.48B | $25.39B | $8.99B | $23.20B | $11.17B | $24.44B | $25.00B | $30.58B | $18.85B | $31.92B | $24.55B | $34.18B | $22.29B | $37.04B | $43.77B | $45.06B | $35.76B |
| QoQ Change | — | +45.7% | -41.0% | +75.3% | -64.6% | +158.2% | -51.8% | +118.8% | +2.3% | +22.4% | -38.4% | +69.3% | -23.1% | +39.2% | -34.8% | +66.2% | +18.2% | +2.9% | -20.6% |
| YoY Change | — | — | — | — | -46.6% | -5.5% | -22.8% | -3.7% | +178.2% | +31.8% | +68.7% | +30.6% | -1.8% | +11.8% | +18.2% | +16.1% | +78.3% | +31.8% | +60.4% |
Operating Cash Flow at Other Companies
Frequently Asked Questions
- What is Microsoft's operating cash flow?
- Microsoft (MSFT) reported operating cash flow of $35.76B in Q4 2025.
- How has Microsoft's operating cash flow changed year-over-year?
- Microsoft's operating cash flow increased by 60.4% year-over-year, from $22.29B to $35.76B.
- What is the long-term trend for Microsoft's operating cash flow?
- Over 4 years (2021 to 2025), Microsoft's operating cash flow has grown at a 20.0% compound annual growth rate (CAGR), from $78.04B to $161.63B.
- What does operating cash flow mean?
- The actual cash a company brings in from its day-to-day business activities.