Microsoft (MSFT) Free Cash Flow (2009 - 2026)
Microsoft (MSFT) posted Free Cash Flow of $19.6 billion for Q2 2026, up 24.27% sequentially from $15.8 billion in Q1 2026, and down 23.19% YoY from $25.6 billion in Q2 2025.
Analysis
Microsoft (MSFT) Free Cash Flow (2009 - 2026) Analysis & Trends
Microsoft has reported Free Cash Flow for 18 years, with the latest figure at $19.6 billion in Q2 2026.
- Quarterly Free Cash Flow fell 23.19% year-over-year to $19.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $67.0 billion (down 6.46% YoY) and the FY2026 annual result came in at $67.0 billion, down 6.46% from the prior year.
- Free Cash Flow improved to $19.6 billion in Q2 2026 per MSFT's latest filing, from $15.8 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $25.7 billion in Q3 2025 and troughed at $4.9 billion in Q4 2022.
- A 5-year average of $17.2 billion and a median of $19.4 billion in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 43.13% in 2022, then surged 86.12% in 2023.
- Over 5 years, Free Cash Flow stood at $4.9 billion in 2022, then surged by 86.12% to $9.1 billion in 2023, then fell by 28.86% to $6.5 billion in 2024, then slipped by 9.33% to $5.9 billion in 2025, then soared by 233.88% to $19.6 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $19.6 billion, $15.8 billion, and $5.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 19.64 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | -1.87 Bn |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 1.20 Bn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 788.00 Mn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 405.86 Mn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 965.60 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 67.60 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | - |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | -7.56 Bn |
| 10 | CoreWeave | 49.23 Bn | 43.69 Bn | 1.70 Bn | -5.74 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.64 Bn |
| Mar 31, 2026 | 15.80 Bn |
| Dec 31, 2025 | 5.88 Bn |
| Sep 30, 2025 | 25.66 Bn |
| Jun 30, 2025 | 25.57 Bn |
| Mar 31, 2025 | 20.30 Bn |
| Dec 31, 2024 | 6.49 Bn |
| Sep 30, 2024 | 19.26 Bn |
| Jun 30, 2024 | 23.32 Bn |
| Mar 31, 2024 | 20.97 Bn |
| Dec 31, 2023 | 9.12 Bn |
| Sep 30, 2023 | 20.67 Bn |
| Jun 30, 2023 | 19.83 Bn |
| Mar 31, 2023 | 17.83 Bn |
| Dec 31, 2022 | 4.90 Bn |
| Sep 30, 2022 | 16.92 Bn |
| Jun 30, 2022 | 17.76 Bn |
| Mar 31, 2022 | 20.05 Bn |
| Dec 31, 2021 | 8.62 Bn |
| Sep 30, 2021 | 18.73 Bn |