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Microsoft MSFT Business Segments

TTM Q3 '26TTM Q2 '26TTM Q1 '26TTM Q4 '25TTM Q3 '25
Revenue by Business
Intelligent Cloud$128.36B+28.1%$120.43B+26.0%$113.07B+23.5%$106.27B+21.5%$100.17B+37.8%
More Personal Computing$54.65B+2.1%$54.83B+3.9%$55.23B+4.7%$54.65B+7.5%$53.51B+25.9%
Productivity And Business Processes$135.26B+16.3%$130.19B+14.7%$125.51B+14.2%$120.81B+13.1%$116.33B-4.1%
Operating Income by Business
Intelligent Cloud$53.16B+25.7%$50.5B+24.1%$47.48B+20.5%$44.59B+17.9%$42.28B+45.7%
More Personal Computing$14.83B+11.0%$14.68B+15.1%$14.8B+25.4%$14.17B+18.5%$13.36B
Productivity And Business Processes$80.97B+21.8%$77.38B+20.4%$73.66B+19.0%$69.77B+16.9%$66.49B-3.5%
Cost of Goods Sold by Business
Intelligent Cloud$52.85B+47.9%$48.03B+46.3%$43.87B+42.3%$40.17B+35.7%$35.73B+26.5%
More Personal Computing$23.95B-5.5%$24.53B-3.7%$25.06B+0.8%$25.24B+1.4%$25.33B+2.1%
Productivity And Business Processes$24.07B+13.1%$23.39B+13.2%$22.85B+14.2%$22.42B+14.3%$21.28B+12.0%
Operating Expenses by Business
Intelligent Cloud$22.36B+8.4%$21.9B+8.0%$21.72B+8.6%$21.51B+7.3%$20.62B+2.4%
More Personal Computing$15.87B+8.7%$15.61B+8.8%$15.38B+10.3%$15.25B+9.0%$14.61B+12.0%
Productivity And Business Processes$30.22B+10.2%$29.42B+7.9%$29B+6.7%$28.62B+3.9%$27.43B+0.2%
Goodwill Changes by Business
Intelligent Cloud$44M+1,200%$48M+309%$12M$41M-$4M
More Personal Computing$63M$170M
Productivity And Business Processes$117M$146M$53M$96M
Goodwill by Business
Intelligent Cloud$102.84B+0.2%$102.76B-4.3%$102.67B-8.5%$102.66B-12.2%$102.62B-12.3%
More Personal Computing$249.47B+0.2%$249.4B-0.5%$249.23B-1.1%$249.17B+23.1%$249.02B+64.9%
Productivity And Business Processes$125.98B+0.4%$125.8B+5.8%$125.63B+11.8%$125.58B+18.8%$125.48B+18.7%
Goodwill Acquired by Business
Productivity And Business Processes$67M$26M$0$0$0
Revenue by Product
Dynamics Products And Cloud Services$8.77B+17.0%$8.41B+15.0%$8.11B+15.0%$7.83B+14.6%$7.5B+9.1%
Enterprise And Partner Services$8.14B+6.6%$8B+5.9%$7.85B+3.6%$7.76B+2.2%$7.64B-1.3%
Gaming$22.34B-2.6%$22.72B+0.2%$23.34B+0.6%$23.46B+9.1%$22.95B+14.9%
Linked In Corporation$19.25B+10.4%$18.73B+9.3%$18.23B+8.9%$17.81B+8.8%$17.44B+9.1%
Microsoft 365 Commercial Products And Cloud Services$98.4B+16.7%$94.69B+15.2%$91.28B+15.0%$87.77B+14.0%$84.34B+15.8%
Microsoft 365 Consumer Products And Cloud Services$8.84B+25.5%$8.37B+21.7%$7.88B+17.1%$7.4B+11.4%$7.05B+7.2%
Other Products And Services$18M-77.2%$61M+29.8%$65M+38.3%$72M+60.0%$79M+97.5%
Server Products And Cloud Services$120.21B+30.0%$112.38B+27.8%$105.15B+25.3%$98.44B+23.3%$92.46B+42.4%
Windows And Devices$17.4B+1.1%$17.5B+2.0%$17.54B+3.1%$17.31B+1.7%$17.21B+0.7%
Cost of Goods Sold by Product
Product$12.47B+7.3%$12.78B-1.2%$13.13B-12.7%$13.5B-11.6%$11.63B-34.3%
Service Other$88.39B+23.0%$83.18B+23.8%$78.65B+25.1%$74.33B+26.3%$71.88B+34.3%
Revenue by Geography
Non Us$155.44B+17.5%$148.87B+15.6%$143.1B+15.0%$137.18B+13.9%$132.32B+13.9%
US$162.84B+18.3%$156.58B+17.7%$150.71B+16.1%$144.55B+15.9%$137.69B+14.3%

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Questions, answered.

How does Microsoft break its business down?
Microsoft (MSFT) reports revenue by business across 3 parts — Intelligent Cloud, More Personal Computing and Productivity And Business Processes. Each is extracted from the segment footnotes and tracked over time.
Where does Microsoft's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Microsoft's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.