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Microsoft (MSFT) Operating Expenses (2016 - 2026)

Microsoft has reported Operating Expenses over the past 18 years, most recently at $10.8 billion for Q1 2026.

  • Quarterly results put Operating Expenses at $10.8 billion for Q1 2026, up 9.17% from a year ago — trailing twelve months through Mar 2026 was $42.1 billion (up 7.29% YoY), and the annual figure for FY2025 was $39.7 billion, up 6.98%.
  • Operating Expenses reached $10.8 billion in Q1 2026 per MSFT's latest filing, up from $10.4 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $10.8 billion in Q1 2026 and bottomed at $7.8 billion in Q1 2022.
  • Median Operating Expenses over the past 5 years was $9.2 billion (2024), compared with a mean of $9.4 billion.
  • The largest annual shift saw Operating Expenses increased 28.55% in 2022 before it decreased 0.68% in 2023.
  • Over 5 years, Operating Expenses stood at $9.2 billion in 2022, then decreased by 0.68% to $9.1 billion in 2023, then increased by 6.81% to $9.7 billion in 2024, then rose by 7.15% to $10.4 billion in 2025, then grew by 3.93% to $10.8 billion in 2026.
  • Business Quant data shows Operating Expenses for MSFT at $10.8 billion in Q1 2026, $10.4 billion in Q4 2025, and $10.0 billion in Q3 2025.