MSFT · XBRL financial data

Microsoft financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (MSFT's year ends in late June)

In millions of dollars	Q2 FY24Dec 31, 2023	Q3 FY24Mar 31, 2024	Q4 FY24Jun 30, 2024	Q1 FY25Sep 30, 2024	Q2 FY25Dec 31, 2024	Q3 FY25Mar 31, 2025	Q4 FY25Jun 30, 2025	Q1 FY26Sep 30, 2025	Q2 FY26Dec 31, 2025	Q3 FY26Mar 31, 2026	Q4 FY26Jun 30, 2026	Q1 FY27Sep 30, 2026
Revenue from contracts with customers	62,020	61,858	64,727*	65,585	69,632	70,066	76,441*	77,673	81,273	82,886	90,007*	92,279
Cost of goods and services sold	19,623	18,505	19,684*	20,099	21,799	21,919	24,014*	24,043	25,978	26,828	29,525*	29,720
Gross profit	42,397	43,353	45,043*	45,486	47,833	48,147	52,427*	53,630	55,295	56,058	60,482*	62,559
Research and development	7,142	7,653	8,056*	7,544	7,917	8,198	8,829*	8,146	8,504	8,915	9,997*	9,047
General and administrative	1,977	1,912	2,246*	1,673	1,823	1,737	1,990*	1,806	1,932	1,931	2,287*	1,881
Total operating expenses	—	—	year only	14,934	16,180	16,147	18,104*	15,669	17,020	17,660	19,879*	16,644
Operating income (loss)	27,032	27,581	27,925*	30,552	31,653	32,000	34,323*	37,961	38,275	38,398	40,603*	45,915
Interest expense	909	800	701*	582	594	594	615*	698	736	778	839*	870
Other income (expense)	(169)	(486)	(527)*	(683)	(1,165)	(1,013)	(1,864)*	(4,923)	9,541	(491)	595*	282
Income tax expense (benefit)	4,656	4,788	5,214*	5,602	5,257	5,553	5,383*	6,554	9,788	7,562	8,281*	9,324
Net income (loss)	21,870	21,939	22,036*	24,667	24,108	25,824	27,233*	27,747	38,458	31,778	35,766*	36,629
Earnings per share, basic USD per share	2.94	2.95	2.97*	3.32	3.24	3.47	3.67*	3.73	5.18	4.28	4.82*	4.93
Earnings per share, diluted USD per share	2.93	2.94	2.95*	3.30	3.23	3.46	3.65*	3.72	5.16	4.27	4.81*	4.92
Weighted average shares, basic millions of shares	7,432	7,431	7,432*	7,433	7,435	7,434	7,430*	7,433	7,431	7,426	7,426*	7,426
Weighted average shares, diluted millions of shares	7,468	7,472	7,474*	7,470	7,468	7,461	7,461*	7,466	7,460	7,445	7,441*	7,446

Balance sheet

CSV

Fiscal quarters (MSFT's year ends in late June)

In millions of dollars	Q2 FY24Dec 31, 2023	Q3 FY24Mar 31, 2024	Q4 FY24Jun 30, 2024	Q1 FY25Sep 30, 2024	Q2 FY25Dec 31, 2024	Q3 FY25Mar 31, 2025	Q4 FY25Jun 30, 2025	Q1 FY26Sep 30, 2025	Q2 FY26Dec 31, 2025	Q3 FY26Mar 31, 2026	Q4 FY26Jun 30, 2026	Q1 FY27Sep 30, 2026
Cash and cash equivalents	17,305	19,634	18,315	20,840	17,482	28,828	30,242	28,849	24,296	32,105	20,935	20,281
Short-term investments	63,712	60,387	57,228	57,588	54,073	50,790	64,323	73,163	65,166	46,167	55,908	44,228
Accounts receivable	42,831	44,029	56,924	44,148	48,188	51,700	69,905	52,894	56,535	60,041	80,876	62,084
Inventory	1,615	1,304	1,246	1,626	909	848	938	1,130	1,059	1,219	1,397	1,835
Total current assets	147,393	147,180	159,734	149,926	147,080	156,644	191,131	189,066	180,190	175,329	207,710	186,137
Property and equipment, net	112,308	121,375	135,591	152,863	166,902	183,939	204,966	230,861	261,126	283,228	313,076	346,844
Right-of-use asset	16,398	17,371	18,961	20,528	22,816	24,475	24,823	24,791	25,103	24,403	24,177	30,178
Goodwill	118,931	119,163	119,220	119,374	119,191	119,329	119,509	119,497	119,622	119,661	119,651	119,646
Total assets	470,558	484,275	512,163	523,013	533,898	562,624	619,003	636,351	665,302	694,228	758,376	779,403
Accounts payable	17,695	18,087	21,996	22,768	22,608	26,250	27,724	32,580	37,328	37,513	42,416	42,625
Commercial paper	27,041	20,535	6,693	0	0	0	0	—	—	—	—	—
Current portion of long-term debt	2,250	2,249	2,249	2,249	5,248	2,999	2,999	7,832	4,837	8,839	9,227	4,391
Total current liabilities	121,016	118,525	125,286	115,200	108,882	114,206	141,218	134,996	130,005	136,661	168,825	151,968
Long-term debt	44,928	42,658	42,688	42,868	39,722	39,882	40,152	35,376	35,425	31,423	31,067	31,090
Lease liability, non-current	14,155	14,469	15,497	16,361	17,254	17,686	17,437	17,348	17,345	16,703	16,532	21,719
Total liabilities	232,290	231,123	243,686	235,290	231,203	240,733	275,524	273,275	274,427	279,861	315,989	308,894
Retained earnings	145,737	159,394	173,144	188,929	203,482	219,759	237,731	254,873	280,789	302,526	328,265	354,795
Total stockholders' equity	238,268	253,152	268,477	287,723	302,695	321,891	343,479	363,076	390,875	414,367	442,387	470,509
Total liabilities and equity	470,558	484,275	512,163	523,013	533,898	562,624	619,003	636,351	665,302	694,228	758,376	779,403
Common shares outstanding (cover page) millions of shares	7,430	7,432	7,433	7,435	7,434	7,433	7,433	7,432	7,426	7,428	7,426	7,426

Cash flows

CSV

Fiscal quarters (MSFT's year ends in late June)

In millions of dollars	Q2 FY24Dec 31, 2023	Q3 FY24Mar 31, 2024	Q4 FY24Jun 30, 2024	Q1 FY25Sep 30, 2024	Q2 FY25Dec 31, 2024	Q3 FY25Mar 31, 2025	Q4 FY25Jun 30, 2025	Q1 FY26Sep 30, 2025	Q2 FY26Dec 31, 2025	Q3 FY26Mar 31, 2026	Q4 FY26Jun 30, 2026	Q1 FY27Sep 30, 2026
Net income (loss)	21,870	21,939	22,036*	24,667	24,108	25,824	27,233*	27,747	38,458	31,778	35,766*	36,629
Stock-based compensation	2,828	2,703	2,696*	2,832	3,089	2,980	3,073*	2,983	3,219	3,081	3,122*	3,134
Net cash from operating activities	18,853	31,917	37,195*	34,180	22,291	37,044	42,647*	45,057	35,758	46,679	55,441*	58,000
Purchases of property and equipment	9,735	10,952	13,873*	14,923	15,804	16,745	17,079*	19,394	29,876	30,876	35,802*	39,367
Net cash from investing activities	(71,925)	(10,700)	(14,848)*	(15,201)	(14,112)	(12,714)	(30,572)*	(34,559)	(22,705)	(27,405)	(54,831)*	(41,965)
Proceeds from issuing common stock	261	522	534*	706	256	546	548*	689	259	541	520*	598
Share repurchases	4,000	4,213	4,210*	4,107	4,986	4,781	4,546*	5,650	7,415	4,627	4,579*	4,379
Dividends paid	5,574	5,572	5,574*	5,574	6,170	6,169	6,169*	6,169	6,762	6,756	6,758*	6,757
Net cash from financing activities	(10,147)	(18,808)	(23,563)*	(16,576)	(11,243)	(13,036)	(10,844)*	(11,799)	(17,617)	(11,351)	(11,779)*	(16,640)
Net change in cash	(63,147)	2,329	(1,319)*	2,525	(3,358)	11,346	1,414*	(1,393)	(4,553)	7,809	(11,170)*	(654)

Compare with peers

SIC 7372 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (7372) companies nearest in public float, each marked “added: same SIC”.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Microsoft	20,281	92,279	58,000	7.4B	Q1 FY27 10-QSep 30, 2026
Alphabet	56,334	127,577	42,290*	not reported	Q3 FY26 10-QSep 30, 2026
Meta Platforms	11,222	64,601	32,785*	not reported	Q3 FY26 10-QSep 30, 2026
Oracleadded: same SIC	36,369	19,345	23,103	3.0B	Q1 FY26 10-QAug 31, 2026
Palantir Technologiesadded: same SIC	3,619	2,313	1,205*	not reported	Q3 FY26 10-QSep 30, 2026
Salesforceadded: same SIC	8,310	11,345	1,269	823.0M	Q2 FY27 10-QJul 31, 2026
ServiceNowadded: same SIC	2,393	4,106	839*	1.0B	Q3 FY26 10-QSep 30, 2026
Adobeadded: same SIC	4,359	6,760	2,523*	389.2M	Q3 FY26 10-QAug 28, 2026
Shopifyadded: same SIC	1,868	3,742	818	not reported	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.