Microsoft (MSFT) Free Cash Flow (2009 - 2026)
Microsoft (MSFT) posted Free Cash Flow of $19.64 billion for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 23.2% from $25.57 billion a year earlier but up 24.3% from the prior quarter.
Microsoft (MSFT) Free Cash Flow (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Microsoft's Free Cash Flow came in at $66.99 billion, down 6.5% from FY2025.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 3.6% (FY2021 to FY2026).
- In prior fiscal years, Microsoft's Free Cash Flow was $71.61 billion in FY2025 (-3.3%), $74.07 billion in FY2024 (+24.5%), $59.48 billion in FY2023 (-8.7%) and $65.15 billion in FY2022 (+16.1%).
- Quarterly Free Cash Flow has run from a low of $4.9 billion in fiscal Q2 2023 to a high of $25.66 billion in fiscal Q1 2026 over five years.
- On a year-over-year basis, Free Cash Flow has declined in each of the last three quarters, with an average decline of 6.3% over the last eight quarters.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was fiscal Q2 2024, with growth of 86.1%; the weakest was fiscal Q2 2023, with a decline of 43.1%.
- According to Business Quant data, Free Cash Flow for the three prior fiscal quarters was $15.8 billion (Q3 2026), $5.88 billion (Q2 2026) and $25.66 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 19.64 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 2.37 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | 67.60 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | -612.00 Mn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | 7.90 Bn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | -5.74 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 212.80 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 277.57 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 437.40 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 181.34 Mn |
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 |
Microsoft Free Cash Flow 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=free-cash-flow&ticker=MSFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();