Microsoft (MSFT) EBITDA Margin (2009 - 2026)
Microsoft's EBITDA Margin was 62.48% in fiscal Q1 2027 (quarter ended Sep 30, 2026), up 3.12 percentage points from 59.36% a year earlier and up 5.13 percentage points from the prior quarter.
Microsoft (MSFT) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Microsoft's EBITDA Margin was 59.27% through Sep 30, 2026, up 2.49 percentage points year-over-year; for FY2026 (ended Jun 30, 2026), it came in at 58.39%, up 2.32 percentage points from FY2025.
- EBITDA Margin has now increased for three consecutive fiscal years, with a five-year change of +9.85 percentage points (FY2021 to FY2026).
- In earlier fiscal years, EBITDA Margin was 56.07% in FY2025 (+2.88 pp), 53.19% in FY2024 (+4.88 pp), 48.31% in FY2023 (-1.03 pp) and 49.35% in FY2022 (+0.80 pp).
- The fiscal Q1 2027 figure marks the highest quarterly EBITDA Margin in data going back to fiscal Q3 2009.
- Compared with a year earlier, EBITDA Margin has increased for 15 straight quarters, with an average year-over-year change of +2.57 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was fiscal Q2 2024 (a gain of 7.60 percentage points); the worst was fiscal Q2 2023 (a drop of 4.18 percentage points).
- Per Business Quant data, MSFT's EBITDA Margin in the three fiscal quarters before Q1 2027 was 57.36% (Q4 2026), 58.59% (Q3 2026) and 58.41% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,978.22 Bn | 3,913.71 Bn | 62.56 Bn | 62.48% |
| 2 | International Business Machines | 234.30 Bn | 188.91 Bn | 9.71 Bn | 23.94% |
| 3 | Equinix | 98.75 Bn | 86.64 Bn | 1.31 Bn | 44.65% |
| 4 | Cloudflare | 87.20 Bn | 70.73 Bn | 499.52 Mn | -15.49% |
| 5 | Nebius | 29.33 Bn | 2.76 Bn | 448.70 Mn | 14.39% |
| 6 | Verisign | 28.15 Bn | 25.50 Bn | 393.20 Mn | 68.47% |
| 7 | CoreWeave | 24.27 Bn | 11.36 Bn | 1.70 Bn | 53.94% |
| 8 | Nutanix | 15.78 Bn | 7.47 Bn | 651.35 Mn | 11.68% |
| 9 | GoDaddy | 15.07 Bn | 10.45 Bn | 843.00 Mn | 27.96% |
| 10 | Akamai Technologies | 11.38 Bn | 4.78 Bn | 613.75 Mn | 24.45% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 62.48% |
| Jun 30, 2026 | 57.36% |
| Mar 31, 2026 | 58.59% |
| Dec 31, 2025 | 58.41% |
| Sep 30, 2025 | 59.36% |
| 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% |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "MSFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();