Microsoft (MSFT) Cost of Revenue (2009 - 2026)
Microsoft (MSFT) posted Cost of Revenue of $29.5 billion for Q2 2026, up 10.05% sequentially from $26.8 billion in Q1 2026, and up 22.95% YoY from $24.0 billion in Q2 2025.
Microsoft (MSFT) Cost of Revenue (2009 - 2026) Analysis & Trends
Microsoft has reported Cost of Revenue for 18 years, with the latest figure at $29.5 billion in Q2 2026.
- Quarterly Cost of Revenue rose 22.95% year-over-year to $29.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $106.4 billion (up 21.11% YoY) and the FY2026 annual result came in at $106.4 billion, up 21.11% from the prior year.
- Cost of Revenue grew to $29.5 billion in Q2 2026 per MSFT's latest filing, from $26.8 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $29.5 billion in Q2 2026 and troughed at $15.5 billion in Q3 2022.
- A 5-year average of $20.3 billion and a median of $19.7 billion in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue grew 2.23% in 2023, then increased 23.29% in 2024.
- Over 5 years, Cost of Revenue stood at $17.5 billion in 2022, then climbed by 12.21% to $19.6 billion in 2023, then increased by 11.09% to $21.8 billion in 2024, then advanced by 19.17% to $26.0 billion in 2025, then advanced by 13.65% to $29.5 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $29.5 billion, $26.8 billion, and $26.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 296.87 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.45 Bn |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn | 583.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.53 Bn |
| Jun 30, 2026 | 29.53 Bn |
| Mar 31, 2026 | 26.83 Bn |
| Mar 31, 2026 | 26.83 Bn |
| Dec 31, 2025 | 25.98 Bn |
| Dec 31, 2025 | 25.98 Bn |
| Sep 30, 2025 | 24.04 Bn |
| Sep 30, 2025 | 24.04 Bn |
| Jun 30, 2025 | 24.01 Bn |
| Jun 30, 2025 | 24.01 Bn |
| Mar 31, 2025 | 21.92 Bn |
| Mar 31, 2025 | 21.92 Bn |
| Dec 31, 2024 | 21.80 Bn |
| Dec 31, 2024 | 21.80 Bn |
| Sep 30, 2024 | 20.10 Bn |
| Sep 30, 2024 | 20.10 Bn |
| Jun 30, 2024 | 19.68 Bn |
| Jun 30, 2024 | 19.68 Bn |
| Mar 31, 2024 | 18.51 Bn |
| Mar 31, 2024 | 18.51 Bn |