Microsoft (MSFT) FCF Margin (2009 - 2026)

Microsoft has disclosed FCF Margin across 18 years of filings, most recently posting 19.07% for Q1 2026.

• FCF Margin for Q1 2026 came in at 19.07%, down 991.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.91% (down 278.0% YoY), and the FY2025 annual result was 25.42%, down 480.0% from the prior year.
• FCF Margin came in at 19.07% for Q1 2026 at Microsoft, up from 7.24% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 40.61% in Q1 2022 to a low of 7.24% in Q4 2025.
• The 5-year median for FCF Margin is 33.45% (2025), against an average of 27.56%.
• Across the five-year window, FCF Margin jumped 541 bps in 2023 and sank 991 bps in 2026, its largest moves.
• Microsoft's FCF Margin stood at 9.29% in 2022, then surged by 58 bps to 14.7% in 2023, then tumbled by 37 bps to 9.32% in 2024, then slipped by 22 bps to 7.24% in 2025, then soared by 163 bps to 19.07% in 2026.
• The last three FCF Margin figures came in at 19.07% (Q1 2026), 7.24% (Q4 2025), and 33.04% (Q3 2025), per Business Quant data.