Microsoft (MSFT) Gross Margin (2009 - 2026)
Microsoft (MSFT) reported Gross Margin of 67.20% for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 1.39 percentage points from 68.58% a year earlier and down 0.44 percentage points from the prior quarter.
Powered by 
Analysis
Microsoft (MSFT) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Microsoft posted Gross Margin of 67.94%, down 0.88 percentage points from FY2025.
- Gross Margin has a five-year change of -0.98 percentage points (FY2021 to FY2026).
- By fiscal year, Gross Margin came in at 68.82% in FY2025 (-0.94 pp), 69.76% in FY2024 (+0.84 pp), 68.92% in FY2023 (+0.52 pp) and 68.40% in FY2022 (-0.52 pp).
- The fiscal Q4 2026 figure ranks as the lowest quarterly Gross Margin since fiscal Q2 2023.
- Year over year, Gross Margin has now declined in each of the last six quarters, with an average year-over-year change of -0.91 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was fiscal Q1 2024 (a gain of 1.98 percentage points); the low point was fiscal Q1 2025 (a drop of 1.80 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 67.63% (Q3 2026), 68.04% (Q2 2026) and 69.05% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 67.20% |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 57.73% |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | 71.76% |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | 53.14% |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | 77.06% |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | 65.86% |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 88.50% |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 86.03% |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 63.81% |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 55.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.20% |
| Mar 31, 2026 | 67.63% |
| Dec 31, 2025 | 68.04% |
| Sep 30, 2025 | 69.05% |
| Jun 30, 2025 | 68.58% |
| Mar 31, 2025 | 68.72% |
| Dec 31, 2024 | 68.69% |
| Sep 30, 2024 | 69.35% |
| Jun 30, 2024 | 69.59% |
| Mar 31, 2024 | 70.08% |
| Dec 31, 2023 | 68.36% |
| Sep 30, 2023 | 71.16% |
| Jun 30, 2023 | 70.11% |
| Mar 31, 2023 | 69.49% |
| Dec 31, 2022 | 66.85% |
| Sep 30, 2022 | 69.17% |
| Jun 30, 2022 | 68.32% |
| Mar 31, 2022 | 68.37% |
| Dec 31, 2021 | 67.21% |
| Sep 30, 2021 | 69.89% |
API Access
Microsoft Gross Margin 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=gross-margin&ticker=MSFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();