Microsoft (MSFT) Cost of Revenue (2009 - 2026)
Microsoft (MSFT) posted Cost of Revenue of $6.8 billion for Q1 2026, down 73.77% sequentially from $26.0 billion in Q4 2025, and up 9.69% YoY from $6.2 billion in Q1 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 $6.8 billion in Q1 2026.
- Quarterly Cost of Revenue rose 9.69% year-over-year to $6.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.7 billion (down 65.04% YoY) and the FY2025 annual result came in at $25.7 billion, down 65.39% from the prior year.
- Cost of Revenue slipped to $6.8 billion in Q1 2026 per MSFT's latest filing, from $26.0 billion in the prior quarter.
- The five-year high for Cost of Revenue was $49.3 billion in Q2 2023, with the low at -$38.2 billion in Q2 2025.
- Average Cost of Revenue over 5 years is $10.1 billion, with a median of $6.3 billion recorded in 2022.
- Year-over-year, Cost of Revenue sank 396.83% in 2022 and soared 682.17% in 2023.
- Microsoft's Cost of Revenue stood at $5.7 billion in 2022, then jumped by 245.54% to $19.6 billion in 2023, then rose by 11.09% to $21.8 billion in 2024, then climbed by 19.17% to $26.0 billion in 2025, then plunged by 73.77% to $6.8 billion in 2026.
- Business Quant data shows MSFT's Cost of Revenue at $6.8 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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.15 Bn |
| 10 | CoreWeave | 45.15 Bn | 42.89 Bn | 2.01 Bn | 69.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.81 Bn |
| Mar 31, 2026 | 6.81 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 | -38.16 Bn |
| Jun 30, 2025 | -38.16 Bn |
| Mar 31, 2025 | 6.21 Bn |
| Mar 31, 2025 | 6.21 Bn |
| Dec 31, 2024 | 21.80 Bn |
| Dec 31, 2024 | 21.80 Bn |
| Sep 30, 2024 | 5.72 Bn |
| Sep 30, 2024 | 5.72 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 |