Microsoft (MSFT) Net Margin (2009 - 2026)

Microsoft has reported Net Margin for 18 years, with the latest figure at 39.5% in FY2026.

• Quarterly Net Margin rose 1038.0% year-over-year to 36.78% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 39.5% (up 586.0% YoY) and the FY2026 annual result came in at 39.5%, up 586.0% from the prior year.
• Net Margin advanced to 39.5% in FY2026 per MSFT's latest filing, from 33.64% in the prior year.
• Over five years, Net Margin peaked at 39.5% in FY2026 and troughed at 31.29% in FY2023.
• A 5-year average of 34.45% and a median of 33.81% in 2022 frame the typical range for Net Margin.
• The sharpest annual moves came in 2022 and 2026: Net Margin tumbled 255 bps in 2022, then jumped 586 bps in 2026.
• Over 5 years, Net Margin stood at 33.81% in 2022, then declined by 7 bps to 31.29% in 2023, then gained by 9 bps to 34.02% in 2024, then slipped by 1 bps to 33.64% in 2025, then increased by 17 bps to 39.5% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 39.5%, 33.64%, and 34.02% for FY2026, FY2025, and FY2024 respectively.