Microsoft (MSFT) Cost of Revenue (2009 - 2026)
Microsoft (MSFT) reported Cost of Revenue of $26.8 billion for Q1 2026, up 22.4% on a YoY basis from $21.9 billion in Q1 2025, and up 3.27% sequentially from $26.0 billion in Q4 2025.
Microsoft (MSFT) Cost of Revenue (2009 - 2026) Analysis & Trends
Microsoft (MSFT) has 18 years of Cost of Revenue data on file, last reported at $26.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 22.4% year-over-year to $26.8 billion; the trailing twelve-month figure through Mar 2026 stood at $100.9 billion (up 20.79% YoY), and the FY2025 full-year result was $87.8 billion, up 18.51% from the prior year.
- Cost of Revenue advanced to $26.8 billion in Q1 2026, from $26.0 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $26.8 billion in Q1 2026 to a low of $15.5 billion in Q3 2022.
- A 5-year average of $19.8 billion and a median of $19.6 billion in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue advanced 2.23% in 2023 and climbed 23.29% in 2024, its largest moves.
- Tracing MSFT's Cost of Revenue over 5 years: stood at $17.5 billion in 2022, then rose by 12.21% to $19.6 billion in 2023, then advanced by 11.09% to $21.8 billion in 2024, then increased by 19.17% to $26.0 billion in 2025, then gained by 3.27% to $26.8 billion in 2026.
- Business Quant data shows MSFT's Cost of Revenue at $26.8 billion in Q1 2026, $26.0 billion in Q4 2025, and $24.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 26.83 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 71.28 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 215.80 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 685.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 311.70 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 364.50 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 184.16 Mn |
| 10 | Synopsys | 72.71 Bn | 70.50 Bn | 1.77 Bn | 637.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 19.62 Bn |
| Dec 31, 2023 | 19.62 Bn |