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Microsoft MSFT Operating Income

Operating Income at other companies

Apple logo
AppleAAPL
$35.7B+26.6%
EA
EAEA
$564M+42.8%
PTC logo
PTCPTC
$295.8M+32.4%
Amazon logo
AmazonAMZN
$27.46B+43.2%
Salesforce logo
SalesforceCRM
$2.35B+20.9%
Fortinet logo
FortinetFTNT
$689.3M+50.5%

Segments

By segment

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Productivity And Business Processes$21.9B+15.3%
Intelligent Cloud$15.96B+31.4%
More Personal Computing$2.75B-13.9%

Other financials

Income statement

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Revenue$90.0B+17.7%
Gross profit$60.5B+15.4%
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$3.76T-3.1%
Enterprise value$3.87T-2.4%
P/E28.1×-10.0×
P/S11.3×-2.4×

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:OperatingIncomeLoss.

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, except per share amounts) / Year Ended June 30,202620252024
Research and development35,56232,48829,510
Sales and marketing26,71025,65424,456
General and administrative7,9567,2237,609
Operating income155,237128,528109,433
Other income (expense), net10,697(4,901)(1,646)
Income before income taxes165,934123,627107,787
Provision for income taxes32,18521,79519,651
Net income$133,749$101,832$88,136

Item 8

FAQ

What is Microsoft's operating income?
Microsoft (MSFT) reported operating income of $40.6B in Q2 2026.
How has Microsoft's operating income changed year-over-year?
Microsoft's operating income increased by 18.3% year-over-year, from $34.32B to $40.6B.
What is the long-term trend for Microsoft's operating income?
Over 4 years (2022 to 2026), Microsoft's operating income has grown at a 16.8% compound annual growth rate (CAGR), from $83.38B to $155.24B.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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