Microsoft (MSFT) Cost of Revenue (2009 - 2026)

Microsoft has disclosed Cost of Revenue across 18 years of filings, most recently posting $29.5 billion for Q2 2026.

• In Q2 2026, Cost of Revenue rose 22.95% year-over-year to $29.5 billion; the TTM figure through Jun 2026 stood at $106.4 billion (up 21.11% YoY), while the FY2026 annual figure was $106.4 billion, up 21.11% from the prior year.
• Cost of Revenue came in at $29.5 billion for Q2 2026 at Microsoft, up from $26.8 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $29.5 billion in Q2 2026 to a low of $15.5 billion in Q3 2022.
• Average Cost of Revenue over 5 years is $20.3 billion, with a median of $19.7 billion recorded in 2023.
• Year-over-year, Cost of Revenue climbed 2.23% in 2023 and grew 23.29% in 2024.
• Over 5 years, Cost of Revenue stood at $17.5 billion in 2022, then gained by 12.21% to $19.6 billion in 2023, then climbed by 11.09% to $21.8 billion in 2024, then rose by 19.17% to $26.0 billion in 2025, then rose by 13.65% to $29.5 billion in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $29.5 billion in Q2 2026, $26.8 billion in Q1 2026, and $26.0 billion in Q4 2025.