Microsoft MSFT
NASDAQ MSFT
$516.11 +18.18 (+3.65%)
As of: Sep 25, 2026 · 3:59 PM EDT

Microsoft (MSFT) Operating Income (2009 - 2026)

Microsoft's (MSFT) quarterly Operating Income came in at $40.6 billion in Q2 2026, up 18.3% year-over-year from $34.3 billion in Q2 2025, and up 5.74% quarter-over-quarter from $38.4 billion in Q1 2026.

Analysis

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

Microsoft has disclosed Operating Income across 18 years of filings, most recently posting $40.6 billion for Q2 2026.

  • In Q2 2026, Operating Income rose 18.3% year-over-year to $40.6 billion; the TTM figure through Jun 2026 stood at $155.2 billion (up 20.78% YoY), while the FY2026 annual figure was $155.2 billion, up 20.78% from the prior year.
  • Operating Income came in at $40.6 billion for Q2 2026 at Microsoft, up from $38.4 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $40.6 billion in Q2 2026 to a low of $20.4 billion in Q1 2022.
  • Average Operating Income over 5 years is $29.0 billion, with a median of $27.8 billion recorded in 2024.
  • Year-over-year, Operating Income decreased 8.31% in 2022 and surged 32.52% in 2023.
  • Over 5 years, Operating Income stood at $20.4 billion in 2022, then surged by 32.52% to $27.0 billion in 2023, then climbed by 17.09% to $31.7 billion in 2024, then gained by 20.92% to $38.3 billion in 2025, then gained by 6.08% to $40.6 billion in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $40.6 billion in Q2 2026, $38.4 billion in Q1 2026, and $38.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Microsoft 3,717.88 Bn 3,585.13 Bn 60.48 Bn 40.60 Bn
2 International Business Machines 219.37 Bn 208.10 Bn 9.91 Bn 2.62 Bn
3 Cloudflare 113.46 Bn 109.29 Bn 499.52 Mn -205.70 Mn
4 Equinix 102.39 Bn 100.19 Bn 1.40 Bn 665.00 Mn
5 Nebius 57.34 Bn 49.30 Bn 448.70 Mn -175.90 Mn
6 CoreWeave 47.88 Bn 42.34 Bn 1.70 Bn -49.00 Mn
7 Verisign 26.51 Bn 25.48 Bn 384.60 Mn 296.30 Mn
8 Nutanix 18.85 Bn 16.49 Bn 651.35 Mn 69.99 Mn
9 Akamai Technologies 17.01 Bn 13.65 Bn 613.75 Mn 80.28 Mn
10 DigitalOcean Holdings 14.83 Bn 14.06 Bn 154.66 Mn 29.37 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 40.60 Bn
Mar 31, 2026 38.40 Bn
Dec 31, 2025 38.28 Bn
Sep 30, 2025 37.96 Bn
Jun 30, 2025 34.32 Bn
Mar 31, 2025 32.00 Bn
Dec 31, 2024 31.65 Bn
Sep 30, 2024 30.55 Bn
Jun 30, 2024 27.93 Bn
Mar 31, 2024 27.58 Bn
Dec 31, 2023 27.03 Bn
Sep 30, 2023 26.90 Bn
Jun 30, 2023 24.25 Bn
Mar 31, 2023 22.35 Bn
Dec 31, 2022 20.40 Bn
Sep 30, 2022 21.52 Bn
Jun 30, 2022 20.53 Bn
Mar 31, 2022 20.36 Bn
Dec 31, 2021 22.25 Bn
Sep 30, 2021 20.24 Bn
API Access

Microsoft Operating Income API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-income&ticker=MSFT&period=max&api_key=YOUR_API_KEY