Microsoft (MSFT) Operating Expenses (2009 - 2026)

Microsoft (MSFT) reported Operating Expenses of $8.7 billion for Q1 2026, down 11.98% on a YoY basis from $9.9 billion in Q1 2025, and down 16.2% sequentially from $10.4 billion in Q4 2025.

Microsoft (MSFT) Operating Expenses (2009 - 2026) Analysis & Trends

Microsoft (MSFT) has 18 years of Operating Expenses data on file, last reported at $8.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 11.98% year-over-year to $8.7 billion; the trailing twelve-month figure through Mar 2026 stood at $45.2 billion (up 5.19% YoY), and the FY2025 full-year result was $39.7 billion, up 6.98% from the prior year.
  • Operating Expenses slipped to $8.7 billion in Q1 2026, from $10.4 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $16.1 billion in Q2 2025 to a low of $4.5 billion in Q2 2023.
  • A 5-year average of $9.4 billion and a median of $9.1 billion in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses tumbled 58.1% in 2023 and soared 213.69% in 2024, its largest moves.
  • Tracing MSFT's Operating Expenses over 5 years: stood at $8.0 billion in 2022, then advanced by 13.76% to $9.1 billion in 2023, then gained by 6.81% to $9.7 billion in 2024, then increased by 7.15% to $10.4 billion in 2025, then retreated by 16.2% to $8.7 billion in 2026.
  • Business Quant data shows MSFT's Operating Expenses at $8.7 billion in Q1 2026, $10.4 billion in Q4 2025, and $10.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -363.49 Mn
3 Oracle 344.13 Bn 312.24 Bn - 13.05 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 979.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 517.59 Mn
10 Synopsys 72.71 Bn 70.50 Bn 1.77 Bn 1.57 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.75 Bn
Dec 31, 2025 10.44 Bn
Sep 30, 2025 9.95 Bn
Jun 30, 2025 16.11 Bn
Mar 31, 2025 9.94 Bn
Dec 31, 2024 9.74 Bn
Sep 30, 2024 9.22 Bn
Jun 30, 2024 14.12 Bn
Mar 31, 2024 8.12 Bn
Dec 31, 2023 9.12 Bn
Sep 30, 2023 8.13 Bn
Jun 30, 2023 4.50 Bn
Mar 31, 2023 7.39 Bn
Dec 31, 2022 8.02 Bn
Sep 30, 2022 8.03 Bn
Jun 30, 2022 10.74 Bn
Mar 31, 2022 7.08 Bn
Dec 31, 2021 6.76 Bn
Sep 30, 2021 6.89 Bn
Jun 30, 2021 7.98 Bn