Also trades as: MSF.F (FSX) · $vol 25M · MSFT.TO (TSX) · $vol 24M · MSF.DE (XETRA) · $vol 17M · MSFT.NE (NEO) · $vol 3M · MSF.BR (BRU) · $vol 0M · 4338.HK (HKSE)

$531.33

-1.27 (-0.24%)

After Hours: $532.78 (+1.45, +0.27%)

Weekly Expected Move ±2.8%

$495 $510 $525 $539 $554

NASDAQ · Technology · Software - Infrastructure · Tech Score Buy · Power 70 · $3.95T mcap · 7.41B float · 0.416% daily turnover · Short 40% of daily vol

Credit Risk of going bust: lower than 92% of companies Debt: 3.2% of company value Bonds: $286.1M held by 226 funds, 65 bp over Treasuries → details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.49 (down 99.9%), Microsoft Corporation would be worth roughly what it owes.
Total debt $128.81B against a stock market value of $3.95T.
Distance to default 15.65 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $24.76B (short-term plus half of long-term), stock volatility 32.6%; Altman Z'' 4.71. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$331.8B +17.8% ▲

5Y CAGR: +14.6%

Gross Profit

$225.5B +16.3% ▲

5Y CAGR: +14.2%

Operating Income

$155.2B +20.8% ▲

5Y CAGR: +17.3%

Net Income

$133.7B +31.3% ▲

5Y CAGR: +16.9%

EPS (Diluted)

$17.95 +31.6% ▲

5Y CAGR: +17.4%

EBITDA

$207.5B +29.6% ▲

5Y CAGR: +19.5%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$198.3B	$211.9B	$245.1B	$281.7B	$331.8B
YoY Growth	+18.0%	+6.9%	+15.7%	+14.9%	+17.8%
Cost of Revenue	$62.6B	$65.9B	$74.1B	$87.8B	$106.4B
Gross Profit	$135.6B	$146.1B	$171.0B	$193.9B	$225.5B
Gross Margin	68.4%	68.9%	69.8%	68.8%	67.9%
R&D Expenses	$24.5B	$27.2B	$29.5B	$32.5B	$35.6B
SG&A Expenses	$27.7B	$30.3B	$32.1B	$32.9B	$34.7B
Operating Expenses	$52.2B	$57.5B	$61.6B	$65.4B	$70.2B
Operating Income	$83.4B	$88.5B	$109.4B	$128.5B	$155.2B
Operating Margin	42.1%	41.8%	44.6%	45.6%	46.8%
Interest Expense	$2.1B	$2.0B	$2.9B	$2.4B	$3.1B
Income Before Tax	$83.7B	$89.3B	$107.8B	$123.6B	$165.9B
Tax Expense	$11.0B	$16.9B	$19.7B	$21.8B	$32.2B
Net Income	$72.7B	$72.4B	$88.1B	$101.8B	$133.7B
Net Margin	36.7%	34.1%	36.0%	36.1%	40.3%
EPS (Diluted)	$9.65	$9.68	$11.80	$13.64	$17.95
EBITDA	$100.2B	$105.1B	$133.0B	$160.2B	$207.5B
Shares Outstanding	7.54B	7.47B	7.47B	7.46B	7.45B

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$65.6B	$69.6B	$70.1B	$76.4B	$77.7B	$81.3B	$82.9B	$90.0B
Cost of Revenue	$20.1B	$21.8B	$21.9B	$24.0B	$24.0B	$26.0B	$26.8B	$29.5B
Gross Profit	$45.5B	$47.8B	$48.1B	$52.4B	$53.6B	$55.3B	$56.1B	$60.5B
Gross Margin	69.4%	68.7%	68.7%	68.6%	69.0%	68.0%	67.6%	67.2%
R&D Expenses	$7.5B	$7.9B	$8.2B	$8.8B	$8.1B	$8.5B	$8.9B	$10.0B
SG&A Expenses	$7.4B	$8.3B	$7.9B	$9.3B	$7.5B	$8.5B	$8.7B	$9.9B
Operating Expenses	$14.9B	$16.2B	$16.1B	$18.1B	$15.7B	$17.0B	$17.7B	$19.9B
Operating Income	$30.6B	$31.7B	$32.0B	$34.3B	$38.0B	$38.3B	$38.4B	$40.6B
Operating Margin	46.6%	45.5%	45.7%	44.9%	48.9%	47.1%	46.3%	45.1%
Interest Expense	$582M	$594M	$594M	$615M	$698M	$736M	$778M	$839M
Income Before Tax	$30.3B	$29.4B	$31.4B	$32.6B	$34.3B	$48.2B	$39.3B	$44.0B
Tax Expense	$5.6B	$5.3B	$5.6B	$5.4B	$6.6B	$9.8B	$7.6B	$8.3B
Net Income	$24.7B	$24.1B	$25.8B	$27.2B	$27.7B	$38.5B	$31.8B	$35.8B
Net Margin	37.6%	34.6%	36.9%	35.6%	35.7%	47.3%	38.3%	39.7%
EPS (Diluted)	$3.30	$3.23	$3.46	$3.65	$3.72	$5.16	$4.27	$4.80
EBITDA	$38.2B	$36.8B	$40.7B	$44.4B	$48.1B	$58.2B	$50.3B	$55.9B
Shares Outstanding	7.47B	7.47B	7.46B	7.46B	7.47B	7.46B	7.45B	7.45B

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