Microsoft Corp (MSFT) operating KPIs
MSFTNasdaqServices-Prepackaged SoftwareFiscal year ends June 30
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 28, 2026Score 22/302% above fair value
$521.91−8.23 (-1.55%)
Close on Oct 30, 2026Market cap $3.88TP/E 29.1Yield 0.70%
Microsoft operating margin % (%)
Quarterly figures from Microsoft's filings and investor materials
Latest, Q4 FY26
21.4%
Period ended Jun 30, 2026
Change on a year earlier
-2.3 pts
23.7% in Q4 FY25
History
39 quarters
Since Q1 FY17
Sources
1
Documents cited below
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Operating margin % (%) | Year on year | Source |
|---|---|---|---|---|
| Q4 FY26 | Jun 30, 2026 | 21.4% | -2.3 pts | Calculated |
| Q3 FY26 | Mar 31, 2026 | 27.8% | +1.5 pts | Calculated |
| Q2 FY26 | Dec 31, 2025 | 26.7% | -0.0 pts | Calculated |
| Q1 FY26 | Sep 30, 2025 | 30.3% | +3.5 pts | Calculated |
| Q4 FY25 | Jun 30, 2025 | 23.7% | +4.4 pts | Calculated |
| Q3 FY25 | Mar 31, 2025 | 26.4% | +3.2 pts | Calculated |
| Q2 FY25 | Dec 31, 2024 | 26.7% | +6.5 pts | Calculated |
| Q1 FY25 | Sep 30, 2024 | 26.8% | -5.9 pts | Calculated |
| Q4 FY24 | Jun 30, 2024 | 19.4% | +62.9 pts | Calculated |
| Q3 FY24 | Mar 31, 2024 | 23.2% | -8.8 pts | Calculated |
| Q2 FY24 | Dec 31, 2023 | 20.2% | -3.1 pts | Calculated |
| Q1 FY24 | Sep 30, 2023 | 32.7% | +1.1 pts | Calculated |
| Q4 FY23 | Jun 30, 2023 | -43.5% | -74.5 pts | Calculated |
| Q3 FY23 | Mar 31, 2023 | 32.0% | -0.9 pts | Calculated |
| Q2 FY23 | Dec 31, 2022 | 23.3% | -12.3 pts | Calculated |
| Q1 FY23 | Sep 30, 2022 | 31.6% | -5.6 pts | Calculated |
| Q4 FY22 | Jun 30, 2022 | 31.1% | -0.3 pts | Calculated |
| Q3 FY22 | Mar 31, 2022 | 32.8% | -2.4 pts | Calculated |
| Q2 FY22 | Dec 31, 2021 | 35.6% | +1.0 pts | Calculated |
| Q1 FY22 | Sep 30, 2021 | 37.2% | -2.8 pts | Calculated |
| Q4 FY21 | Jun 30, 2021 | 31.4% | -0.3 pts | Calculated |
| Q3 FY21 | Mar 31, 2021 | 35.2% | +2.3 pts | Calculated |
| Q2 FY21 | Dec 31, 2020 | 34.6% | +2.9 pts | Calculated |
| Q1 FY21 | Sep 30, 2020 | 40.1% | +4.0 pts | Calculated |
| Q4 FY20 | Jun 30, 2020 | 31.7% | +0.1 pts | Calculated |
| Q3 FY20 | Mar 31, 2020 | 33.0% | +3.4 pts | Calculated |
| Q2 FY20 | Dec 31, 2019 | 31.6% | +8.8 pts | Calculated |
| Q1 FY20 | Sep 30, 2019 | 36.1% | +6.8 pts | Calculated |
| Q4 FY19 | Jun 30, 2019 | 31.6% | +3.7 pts | Calculated |
| Q3 FY19 | Mar 31, 2019 | 29.5% | +4.1 pts | Calculated |
| Q2 FY19 | Dec 31, 2018 | 22.8% | +2.2 pts | Calculated |
| Q1 FY19 | Sep 30, 2018 | 29.3% | +1.9 pts | Calculated |
| Q4 FY18 | Jun 30, 2018 | 27.9% | – | Calculated |
| Q3 FY18 | Mar 31, 2018 | 25.4% | +2.3 pts | Calculated |
| Q2 FY18 | Dec 31, 2017 | 20.6% | -0.9 pts | Calculated |
| Q1 FY18 | Sep 30, 2017 | 27.4% | +5.7 pts | Calculated |
| Q3 FY17 | Mar 31, 2017 | 23.2% | – | Calculated |
| Q2 FY17 | Dec 31, 2016 | 21.5% | – | Calculated |
| Q1 FY17 | Sep 30, 2016 | 21.6% | – | Calculated |
Cite this data
StockData. (2026). Microsoft Operating margin % (%), quarterly Q1 FY17–Q4 FY26 [Data set]. Compiled from Microsoft SEC filings and investor materials. https://stockdatahq.com/stocks/msft/kpis/seg-mpc-opm
See every metric in the Microsoft KPI table. Data updated Oct 22, 2026.