Microsoft
MSFT Nasdaq· Systems Software
Last close · Oct 27, 2026
$531.33
KIRA · Stoqly’s AI analyst, in plain words
- Microsoft had $331.8B of revenue in fiscal 2026, up 17.8% on the year before. Over five years, revenue changed +14.6% a year on average.
- Its operating margin was 46.8%, up 1.2 pts: of every 100 in sales, about 47 is left after running the business.
- Microsoft made $133.7B of net profit in fiscal 2026. From fiscal 2017 to 2026, diluted EPS grew 20.9% a year.
- Free cash flow was $67.0B in fiscal 2026, 20.2% of revenue.
- Microsoft returned $48.7B to shareholders in fiscal 2026, 73% of free cash flow. The diluted share count fell 0.2%.
- Microsoft owes $30.0B more than it holds in cash, about 0.2 years of operating profit.
Market cap
$3.96T
P/E
—
Revenue
$331.8B
Net income
$133.7B
Free cash flow
$67.0B
Operating margin
46.8%
Microsoft in 30 seconds · fiscal 2026
Are sales growing?
+17.8%
Yes. Sales grew 17.8% last year.
Does it make a profit?
40.3%
Yes. It keeps 40.3% of every sale as profit.
Does profit turn into cash?
20.2%
Yes. 20.2% of sales ends up as free cash.
Is debt under control?
0.2x
Yes. It could repay its debt with 0.2 years of operating profit.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
What Microsoft does
Microsoft makes software, cloud computing services and devices for people, businesses and governments around the world. Its products include the Windows operating system, the Microsoft 365 office apps and Teams, the Azure cloud platform, the LinkedIn professional network, Dynamics business software, the Bing search engine, Surface computers and Xbox consoles and games. It is adding artificial intelligence tools, such as its Copilot assistants, across these products. It reports three segments. Productivity and Business Processes covers Microsoft 365, LinkedIn and Dynamics. Intelligent Cloud covers Azure, server software and consulting services. More Personal Computing covers Windows licenses sold with new PCs, devices, Xbox and search advertising. It earns money from cloud subscriptions, software licenses, online ads and device sales.
Biggest risks, in its own words
- Its heavy spending on cloud and AI datacenters may not pay off if demand, costs or competition turn out differently than it expects.
- Rivals with other business models, including free ad-funded services, open-source software and other AI companies, could cut its sales or prices.
- It may be unable to build enough datacenter capacity, held back by power, land, permits, staff or scarce components.
- Attacks on its systems, flaws in its products, or misuse of its AI and cloud services could harm customers and its reputation.
- Fiscal year ends
- June 30, 2026
- Latest annual report
- 10-K · Jul 29, 2026
- Legal name
- Microsoft Corporation
- CIK
- 0000789019
Microsoft · MSFT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $198.3B | $211.9B | $245.1B | $281.7B | $331.8B |
| Revenue growth | 18.0% | 6.9% | 15.7% | 14.9% | 17.8% |
| Gross margin | 68.4% | 68.9% | 69.8% | 68.8% | 67.9% |
| Operating margin | 42.1% | 41.8% | 44.6% | 45.6% | 46.8% |
| Net income | $72.7B | $72.4B | $88.1B | $101.8B | $133.7B |
| Net margin | 36.7% | 34.2% | 36.0% | 36.2% | 40.3% |
| Diluted EPS | $9.65 | $9.68 | $11.80 | $13.64 | $17.95 |
| Cash | |||||
| Cash from operations | $89.0B | $87.6B | $118.5B | $136.2B | $182.9B |
| Capital expenditure | $23.9B | $28.1B | $44.5B | $64.6B | $115.9B |
| Free cash flow | $65.1B | $59.5B | $74.1B | $71.6B | $67.0B |
| FCF margin | 32.9% | 28.1% | 30.2% | 25.4% | 20.2% |
| Dividends paid | $18.1B | $19.8B | $21.8B | $24.1B | $26.4B |
| Share buybacks | $32.7B | $22.2B | $17.3B | $18.4B | $22.3B |
| Share count change | −0.9% | −0.9% | −0.0% | −0.1% | −0.2% |
| Debt and strength | |||||
| Cash and short-term investments | $104.8B | $111.3B | $75.5B | $94.6B | $76.8B |
| Debt incl. finance leases | $64.7B | $64.3B | $78.8B | $89.3B | $106.9B |
| Shareholders' equity | $166.5B | $206.2B | $268.5B | $343.5B | $442.4B |
| Net debt / EBITDA | −0.4x | −0.5x | 0.0x | −0.0x | 0.2x |
| Current ratio | 1.8x | 1.8x | 1.3x | 1.4x | 1.2x |
| Interest coverage | 40.4x | 45.0x | 37.3x | 53.9x | 50.9x |
| Returns and quality | |||||
| Return on capital | 69.4% | 50.2% | 41.5% | 34.7% | 30.9% |
| Return on equity | 47.2% | 38.8% | 37.1% | 33.3% | 34.0% |
| Piotroski F-score | 7 | 6 | 8 | 6 | 6 |
| Altman Z'' | 4.5 | 4.7 | 4.1 | 4.5 | 4.6 |
Insiders bought, 12 months
$2.0M
1 insider
Insiders sold, 12 months
$119M
7 insiders
Of sales under plans
57%
$68.1M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Microsoft · MSFT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Microsoft MSFT | $3.96T | 17.8% | 46.8% | 20.2% | 30.9% | — | 6 |
| Apple AAPL | $5.11T | 6.4% | 32.0% | 23.7% | 102.9% | 39.9x | 8 |
| Alphabet GOOGL | $3.95T | 15.1% | 32.0% | 18.2% | 36.7% | 16.1x | 8 |
| Amazon AMZN | $2.76T | 12.4% | 11.2% | 1.1% | 20.6% | 20.4x | 6 |
| Meta Platforms META | $1.60T | 22.2% | 41.4% | 22.9% | 35.5% | 21.2x | 6 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $531.33 a share, the company is worth $3.96T.
Microsoft grew sales faster than 3 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000789019). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.