Microsoft (MSFT) Gross Margin (2009 - 2026)

Microsoft has disclosed Gross Margin across 18 years of filings, most recently posting 67.63% for Q1 2026.

• Gross Margin for Q1 2026 came in at 67.63%, down 108.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 68.31% (down 77.0% YoY), and the FY2025 annual result was 68.82%, down 94.0% from the prior year.
• Gross Margin came in at 67.63% for Q1 2026 at Microsoft, down from 68.04% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 71.16% in Q3 2023 to a low of 66.85% in Q4 2022.
• The 5-year median for Gross Margin is 68.72% (2025), against an average of 68.92%.
• Across the five-year window, Gross Margin soared 198 bps in 2023 and tumbled 180 bps in 2024, its largest moves.
• Microsoft's Gross Margin stood at 66.85% in 2022, then climbed by 2 bps to 68.36% in 2023, then advanced by 0 bps to 68.69% in 2024, then retreated by 1 bps to 68.04% in 2025, then slipped by 1 bps to 67.63% in 2026.
• The last three Gross Margin figures came in at 67.63% (Q1 2026), 68.04% (Q4 2025), and 69.05% (Q3 2025), per Business Quant data.