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
DateValue
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