KPIs & Operating Metrics(New)
Growth Metrics

Microsoft (MSFT) Net Margin (2016 - 2026)

Microsoft has reported Net Margin over the past 18 years, most recently at 38.34% for Q1 2026.

  • Quarterly results put Net Margin at 38.34% for Q1 2026, up 148.0% from a year ago — trailing twelve months through Mar 2026 was 39.34% (up 2194.0% YoY), and the annual figure for FY2025 was 36.15%, up 2044.0%.
  • Net Margin reached 38.34% in Q1 2026 per MSFT's latest filing, down from 47.32% in the prior quarter.
  • Across five years, Net Margin topped out at 47.32% in Q4 2025 and bottomed at 47.9% in Q2 2022.
  • Median Net Margin over the past 5 years was 35.26% (2023), compared with a mean of 23.02%.
  • The largest annual shift saw Net Margin plummeted -1755bps in 2022 before it soared 7827bps in 2025.
  • Over 5 years, Net Margin stood at 31.14% in 2022, then increased by 13bps to 35.26% in 2023, then decreased by -2bps to 34.62% in 2024, then skyrocketed by 37bps to 47.32% in 2025, then fell by -19bps to 38.34% in 2026.
  • Business Quant data shows Net Margin for MSFT at 38.34% in Q1 2026, 47.32% in Q4 2025, and 35.72% in Q3 2025.