Microsoft Corp (MSFT) Net Margin (2009 - 2026)

Microsoft (MSFT) posted Net Margin of 38.34% for Q1 2026, down 18.98% sequentially from 47.32% in Q4 2025, and up 148.0% YoY from 15.46% in Q1 2025.

Microsoft Corp (MSFT) Net Margin (2009 - 2026) Analysis & Trends

Microsoft (MSFT) has 18 years of Net Margin data on file, last reported at 38.34% in 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 retreated to 38.34% in Q1 2026 per MSFT's latest filing, from 47.32% in the prior quarter.
  • The five-year high for Net Margin was 47.32% in Q4 2025, with the low at 47.9% in Q2 2022.
  • Average Net Margin over 5 years is 23.02%, with a median of 35.26% recorded in 2023.
  • Year-over-year, Net Margin plunged 1755 bps in 2022 and jumped 7827 bps in 2025.
  • Microsoft's Net Margin stood at 31.14% in 2022, then advanced by 13 bps to 35.26% in 2023, then declined by 2 bps to 34.62% in 2024, then jumped by 37 bps to 47.32% in 2025, then fell 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.

Peer Comparison

Historic Data

Download Data
DateValue
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%