Microsoft (MSFT) Gross Margin (2009 - 2026)

Microsoft's Gross Margin history runs 18 years deep, the most recent figure standing at 67.63% for Q1 2026.

• Quarterly Gross Margin fell 108.0% year-over-year to 67.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 68.31% (down 77.0% YoY) and the FY2025 annual result came in at 68.82%, down 94.0% from the prior year.
• Gross Margin was 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.
• Median Gross Margin over the past 5 years was 68.72% (2025), compared with a mean of 68.92%.
• Across the five-year window, Gross Margin surged 198 bps in 2023 and slumped 180 bps in 2024, its largest moves.
• Over 5 years, Gross Margin stood at 66.85% in 2022, then advanced by 2 bps to 68.36% in 2023, then gained by 0 bps to 68.69% in 2024, then fell by 1 bps to 68.04% in 2025, then decreased by 1 bps to 67.63% in 2026.
• Business Quant data shows MSFT's Gross Margin at 67.63% in Q1 2026, 68.04% in Q4 2025, and 69.05% in Q3 2025.