Microsoft (MSFT) Operating Income (2009 - 2026)
Microsoft's (MSFT) quarterly Operating Income came in at $38.4 billion in Q1 2026, up 19.99% year-on-year from $32.0 billion in Q1 2025, and little changed quarter-over-quarter from $38.3 billion in Q4 2025.
Microsoft (MSFT) Operating Income (2009 - 2026) Analysis & Trends
Microsoft has disclosed Operating Income across 18 years of filings, most recently posting $38.4 billion for Q1 2026.
- Operating Income for Q1 2026 came in at $38.4 billion, up 19.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $149.0 billion (up 21.97% YoY), and the FY2025 annual result was $128.5 billion, up 17.45% from the prior year.
- Operating Income came in at $38.4 billion for Q1 2026 at Microsoft, roughly flat from $38.3 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $38.4 billion in Q1 2026 to a low of $20.4 billion in Q1 2022.
- The 5-year median for Operating Income is $27.6 billion (2024), against an average of $28.4 billion.
- Across the five-year window, Operating Income retreated 8.31% in 2022 and jumped 32.52% in 2023, its largest moves.
- Microsoft's 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 climbed by 0.32% to $38.4 billion in 2026.
- The last three Operating Income figures came in at $38.4 billion (Q1 2026), $38.3 billion (Q4 2025), and $38.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 38.40 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 809,000.00 |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 5.46 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 754.00 Mn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 397.00 Mn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 13.79 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 580.00 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 203.05 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | -61.99 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | -144.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 19.10 Bn |