Microsoft (MSFT) Operating Income (2009 - 2026)
Microsoft (MSFT) posted Operating Income of $40.6 billion for Q2 2026, up 5.74% sequentially from $38.4 billion in Q1 2026, and up 18.3% YoY from $34.3 billion in Q2 2025.
Microsoft (MSFT) Operating Income (2009 - 2026) Analysis & Trends
Microsoft has reported Operating Income for 18 years, with the latest figure at $40.6 billion in Q2 2026.
- Quarterly Operating Income rose 18.3% year-over-year to $40.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $155.2 billion (up 20.78% YoY) and the FY2026 annual result came in at $155.2 billion, up 20.78% from the prior year.
- Operating Income rose to $40.6 billion in Q2 2026 per MSFT's latest filing, from $38.4 billion in the prior quarter.
- Over five years, Operating Income peaked at $40.6 billion in Q2 2026 and troughed at $20.4 billion in Q1 2022.
- A 5-year average of $29.0 billion and a median of $27.8 billion in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2023: Operating Income slipped 8.31% in 2022, then soared 32.52% in 2023.
- Over 5 years, Operating Income stood at $20.4 billion in 2022, then jumped by 32.52% to $27.0 billion in 2023, then increased by 17.09% to $31.7 billion in 2024, then climbed by 20.92% to $38.3 billion in 2025, then climbed by 6.08% to $40.6 billion in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $40.6 billion, $38.4 billion, and $38.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 6.13 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 912.00 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -183.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 689.30 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -205.70 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 203.05 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -49.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 446.87 Mn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 532.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |