Microsoft (MSFT) Net Margin (2009 - 2026)
Microsoft (MSFT) reported Net Margin of 38.34% for Q1 2026, up 148.0% year-over-year from 15.46% in Q1 2025, and down 18.98% sequentially from 47.32% in Q4 2025.
Microsoft (MSFT) Net Margin (2009 - 2026) Analysis & Trends
Microsoft's Net Margin history runs 18 years deep, the most recent figure standing at 38.34% for Q1 2026.
- Quarterly Net Margin rose 148.0% year-over-year to 38.34% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 39.34% (up 2194.0% YoY) and the FY2025 annual result came in at 36.15%, up 2044.0% from the prior year.
- Net Margin was 38.34% for Q1 2026 at Microsoft, down from 47.32% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 47.32% in Q4 2025 to a low of 47.9% in Q2 2022.
- Median Net Margin over the past 5 years was 35.26% (2023), compared with a mean of 23.02%.
- Across the five-year window, Net Margin sank 1755 bps in 2022 and surged 7827 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 31.14% in 2022, then grew by 13 bps to 35.26% in 2023, then retreated by 2 bps to 34.62% in 2024, then soared by 37 bps to 47.32% in 2025, then decreased by 19 bps to 38.34% in 2026.
- Business Quant data shows MSFT's Net Margin at 38.34% in Q1 2026, 47.32% in Q4 2025, and 35.72% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | -262.43% |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 38.34% |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | 53.68% |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | - |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | 16.65% |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | 4.71% |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | 22.44% |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | 28.90% |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | -3.58% |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | 2.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.34% |
| Dec 31, 2025 | 47.32% |
| Sep 30, 2025 | 35.72% |
| Jun 30, 2025 | 35.63% |
| Mar 31, 2025 | 36.86% |
| Dec 31, 2024 | 34.62% |
| Sep 30, 2024 | 37.61% |
| Jun 30, 2024 | -42.65% |
| Mar 31, 2024 | 35.47% |
| Dec 31, 2023 | 35.26% |
| Sep 30, 2023 | 39.44% |
| Jun 30, 2023 | -29.03% |
| Mar 31, 2023 | 34.62% |
| Dec 31, 2022 | 31.14% |
| Sep 30, 2022 | 35.03% |
| Jun 30, 2022 | -47.90% |
| Mar 31, 2022 | 33.89% |
| Dec 31, 2021 | 36.28% |
| Sep 30, 2021 | 52.57% |
| Jun 30, 2021 | -42.95% |