Microsoft MSFT
NASDAQ MSFT
$516.11 +18.18 (+3.65%)
As of: Sep 25, 2026 · 3:59 PM EDT

Microsoft (MSFT) EBITDA Margin (2009 - 2026)

Microsoft's (MSFT) quarterly EBITDA Margin came in at 45.11% in Q2 2026, up 21.0% year-over-year from 37.28% in Q2 2025, and down 2.62% quarter-over-quarter from 46.33% in Q1 2026.

Analysis

Microsoft (MSFT) EBITDA Margin (2009 - 2026) Analysis & Trends

Microsoft has disclosed EBITDA Margin across 18 years of filings, most recently posting 45.11% for Q2 2026.

  • In Q2 2026, EBITDA Margin rose 21.0% year-over-year to 45.11%; the TTM figure through Jun 2026 stood at 46.78% (up 116.0% YoY), while the FY2026 annual figure was 46.78%, up 116.0% from the prior year.
  • EBITDA Margin came in at 45.11% for Q2 2026 at Microsoft, down from 46.33% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 48.87% in Q3 2025 to a low of 38.67% in Q4 2022.
  • Average EBITDA Margin over 5 years is 44.27%, with a median of 44.74% recorded in 2024.
  • Year-over-year, EBITDA Margin plunged 433 bps in 2022 and soared 491 bps in 2023.
  • Over 5 years, EBITDA Margin stood at 38.67% in 2022, then advanced by 13 bps to 43.59% in 2023, then gained by 4 bps to 45.46% in 2024, then advanced by 4 bps to 47.09% in 2025, then fell by 4 bps to 45.11% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 45.11% in Q2 2026, 46.33% in Q1 2026, and 47.09% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Microsoft 3,717.88 Bn 3,585.13 Bn 60.48 Bn 45.11%
2 International Business Machines 219.37 Bn 208.10 Bn 9.91 Bn 15.24%
3 Cloudflare 113.46 Bn 109.29 Bn 499.52 Mn -29.55%
4 Equinix 102.39 Bn 100.19 Bn 1.40 Bn 25.33%
5 Nebius 57.34 Bn 49.30 Bn 448.70 Mn -30.21%
6 CoreWeave 47.88 Bn 42.34 Bn 1.70 Bn -1.90%
7 Verisign 26.51 Bn 25.48 Bn 384.60 Mn 68.18%
8 Nutanix 18.85 Bn 16.49 Bn 651.35 Mn 9.24%
9 Akamai Technologies 17.01 Bn 13.65 Bn 613.75 Mn 7.30%
10 DigitalOcean Holdings 14.83 Bn 14.06 Bn 154.66 Mn 10.45%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 57.36%
Mar 31, 2026 58.59%
Dec 31, 2025 58.41%
Sep 30, 2025 65.69%
Jun 30, 2025 57.09%
Mar 31, 2025 56.71%
Dec 31, 2024 53.60%
Sep 30, 2024 57.84%
Jun 30, 2024 50.95%
Mar 31, 2024 54.33%
Dec 31, 2023 53.19%
Sep 30, 2023 54.53%
Jun 30, 2023 50.06%
Mar 31, 2023 49.00%
Dec 31, 2022 45.59%
Sep 30, 2022 48.50%
Jun 30, 2022 47.26%
Mar 31, 2022 48.90%
Dec 31, 2021 49.77%
Sep 30, 2021 51.75%
API Access

Microsoft EBITDA Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ebitda-margin&ticker=MSFT&period=max&api_key=YOUR_API_KEY