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Microsoft MSFT Equity Method Investments

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Other financials

Income statement

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Revenue$90.0B+17.7%
Gross profit$60.5B+15.4%
Operating income$40.6B+18.3%
Net income$35.8B+31.3%
EPS (diluted)$4.81+31.8%

Balance sheet

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Cash & equivalents$20.9B-30.8%
Total debt$128.81B+14.8%
Total equity$442.39B+28.8%
Total assets$758.38B+22.5%

Cash flow

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Operating cash flow$55.4B+30.0%
CapEx$35.8B+110%
Free cash flow$19.6B-23.2%

Valuation

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Market cap$3.62T-7.2%
Enterprise value$3.73T-6.4%
P/E27.1×-11.3×
P/S10.9×-2.9×

Profitability

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Gross margin67.9%-0.9pp
Operating margin46.8%+1.2pp
Net margin40.3%+4.2pp
FCF margin20.2%-5.2pp

Returns & leverage

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Return on equity34%+0.8pp
Debt / equity0.3×0.0×
Current ratio1.2×-0.1×

Where this comes from

Reported directly by Microsoft in its filing.

Tagged under the XBRL concept us-gaap:LongTermInvestments.

The source filing: Microsoft’s 10-K, filed July 29, 2026.

Filed
Jul 29, 2026, 4:08 PM EDT
Fiscal year
FY2026
Accession
0001193125-26-323660
(In millions) / June 30,20262025
Total current assets207,710191,131
Property and equipment, net of accumulated depreciation of $118,691 and $93,653313,076204,966
Operating lease right-of-use assets24,17724,823
Equity and other investments36,34815,405
Goodwill119,651119,509
Intangible assets, net18,60922,604
Other long-term assets38,80540,565
Total assets$758,376$619,003

Item 8

FAQ

What is Microsoft's equity method investments?
Microsoft (MSFT) reported equity method investments of $36.35B in Q2 2026.
How has Microsoft's equity method investments changed year-over-year?
Microsoft's equity method investments increased by 135.9% year-over-year, from $15.41B to $36.35B.
What is the long-term trend for Microsoft's equity method investments?
Over 5 years (2021 to 2026), Microsoft's equity method investments has grown at a 43.4% compound annual growth rate (CAGR), from $5.98B to $36.35B.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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