KPIs & Operating Metrics(New)
Growth Metrics

Microsoft (MSFT) Gross Margin (2016 - 2026)

Microsoft has reported Gross Margin over the past 18 years, most recently at 67.63% for Q1 2026.

  • Quarterly results put Gross Margin at 67.63% for Q1 2026, down 108.0% from a year ago — trailing twelve months through Mar 2026 was 68.31% (down 77.0% YoY), and the annual figure for FY2025 was 68.82%, down 94.0%.
  • Gross Margin reached 67.63% in Q1 2026 per MSFT's latest filing, down from 68.04% in the prior quarter.
  • Across five years, Gross Margin topped out at 71.16% in Q3 2023 and bottomed at 66.85% in Q4 2022.
  • Median Gross Margin over the past 5 years was 68.72% (2025), compared with a mean of 68.92%.
  • The largest annual shift saw Gross Margin soared 198bps in 2023 before it crashed -180bps in 2024.
  • Over 5 years, Gross Margin stood at 66.85% in 2022, then rose by 2bps to 68.36% in 2023, then increased by 0bps to 68.69% in 2024, then dropped by -1bps to 68.04% in 2025, then fell by -1bps to 67.63% in 2026.
  • Business Quant data shows Gross Margin for MSFT at 67.63% in Q1 2026, 68.04% in Q4 2025, and 69.05% in Q3 2025.