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.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityVolatile
First reportedQ4 2009
Last reportedQ3 2026Apr 29, 2026
How to read this metric
Rising inventory without rising sales can signal overproduction or falling demand; very low inventory might lead to lost sales due to stockouts.
Detailed definition
The cost of physical goods held for sale, including hardware like Surface devices, Xbox consoles, and related components...
Peer comparison
Relevant for hardware-integrated peers like Apple or Sony, but less significant for pure-play SaaS 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 value of products currently sitting in warehouses waiting to be sold.