Microsoft (MSFT) FCF Margin (2009 - 2026)

Microsoft has reported FCF Margin for 18 years, with the latest figure at 21.82% in Q2 2026.

• Quarterly FCF Margin fell 1163.0% year-over-year to 21.82% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 20.19% (down 523.0% YoY) and the FY2026 annual result came in at 20.19%, down 523.0% from the prior year.
• FCF Margin improved to 21.82% in Q2 2026 per MSFT's latest filing, from 19.07% in the prior quarter.
• Over five years, FCF Margin peaked at 40.61% in Q1 2022 and troughed at 7.24% in Q4 2025.
• A 5-year average of 27.24% and a median of 33.24% in 2025 frame the typical range for FCF Margin.
• The sharpest annual moves came in 2023 and 2026: FCF Margin soared 541 bps in 2023, then slumped 1163 bps in 2026.
• Over 5 years, FCF Margin stood at 9.29% in 2022, then jumped by 58 bps to 14.7% in 2023, then tumbled by 37 bps to 9.32% in 2024, then declined by 22 bps to 7.24% in 2025, then surged by 201 bps to 21.82% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 21.82%, 19.07%, and 7.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.