Current Assets
Inventories
Microsoft Inventories increased by 15.1% to $1.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 43.8%, from $848.00M to $1.22B. Over 4 years (FY 2021 to FY 2025), Inventories shows a downward trend with a -22.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2009
Last reportedQ3 2026Apr 29, 2026
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
inventoriesHistorical Data
20 periods
| 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 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.64B | $3.41B | $3.02B | $3.30B | $3.74B | $4.27B | $2.98B | $2.88B | $2.50B | $3.00B | $1.62B | $1.30B | $1.25B | $1.63B | $909.00M | $848.00M | $938.00M | $1.13B | $1.06B | $1.22B |
| QoQ Change | — | +29.4% | -11.5% | +9.2% | +13.5% | +14.1% | -30.2% | -3.5% | -13.1% | +20.0% | -46.2% | -19.3% | -4.4% | +30.5% | -44.1% | -6.7% | +10.6% | +20.5% | -6.3% | +15.1% |
| YoY Change | — | — | — | — | +42.0% | +25.1% | -1.3% | -12.7% | -33.2% | -29.7% | -45.8% | -54.7% | -50.2% | -45.8% | -43.7% | -35.0% | -24.7% | -30.5% | +16.5% | +43.8% |
Range$848.00M – $4.27B
CAGR-15.0%
Avg YoY Growth-17.5%
Median YoY Growth-30.1%
Inventories at Other Companies
Frequently Asked Questions
- What is Microsoft's inventories?
- Microsoft (MSFT) reported inventories of $1.22B in Q1 2026.
- How has Microsoft's inventories changed year-over-year?
- Microsoft's inventories increased by 43.8% year-over-year, from $848.00M to $1.22B.
- What is the long-term trend for Microsoft's inventories?
- Over 4 years (2021 to 2025), Microsoft's inventories has grown at a -22.8% compound annual growth rate (CAGR), from $2.64B to $938.00M.
- What does inventories mean?
- The total value of all goods held for production or sale.