Microsoft (MSFT) Other Working Capital Changes (2009 - 2026)
Microsoft's Other Working Capital Changes came in at -$14.52 billion for fiscal Q1 2027 (quarter ended Sep 30, 2026), compared with -$12.96 billion a year earlier.
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Analysis
Microsoft (MSFT) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Microsoft reported Other Working Capital Changes of $3.35 billion, down 22.9% year-over-year; for FY2026 (ended Jun 30, 2026), it was $4.91 billion, up 11.8% from FY2025.
- Other Working Capital Changes carries a five-year compound annual growth rate of -3.3% (FY2021 to FY2026).
- Going back by fiscal year, Other Working Capital Changes was $4.39 billion in FY2025 (+75.7%), $2.5 billion in FY2024 (-29.3%), $3.54 billion in FY2023 (-25.8%) and $4.76 billion in FY2022 (-17.8%).
- The fiscal Q1 2027 figure represents the lowest quarterly Other Working Capital Changes since fiscal Q4 2016.
- Year-over-year, Other Working Capital Changes increased in three of the last four quarters, with growth averaging 15.1%.
- The fastest year-over-year change in Other Working Capital Changes over five years came in fiscal Q3 2023 (growth of 142.1%), and the weakest in fiscal Q3 2026 (a decline of 70.5%).
- Business Quant data shows MSFT's Other Working Capital Changes at $23.83 billion (Q4 2026), $583 million (Q3 2026) and -$6.54 billion (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,978.22 Bn | 3,913.71 Bn | 62.56 Bn |
| 2 | International Business Machines | 234.30 Bn | 188.91 Bn | 9.71 Bn |
| 3 | Equinix | 98.75 Bn | 86.64 Bn | 1.31 Bn |
| 4 | Cloudflare | 87.20 Bn | 70.73 Bn | 499.52 Mn |
| 5 | Nebius | 29.33 Bn | 2.76 Bn | 448.70 Mn |
| 6 | Verisign | 28.15 Bn | 25.50 Bn | 393.20 Mn |
| 7 | CoreWeave | 24.27 Bn | 11.36 Bn | 1.70 Bn |
| 8 | Nutanix | 15.78 Bn | 7.47 Bn | 651.35 Mn |
| 9 | GoDaddy | 15.07 Bn | 10.45 Bn | 843.00 Mn |
| 10 | Akamai Technologies | 11.38 Bn | 4.78 Bn | 613.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -14.52 Bn |
| Jun 30, 2026 | 23.83 Bn |
| Mar 31, 2026 | 583.00 Mn |
| Dec 31, 2025 | -6.54 Bn |
| Sep 30, 2025 | -12.96 Bn |
| Jun 30, 2025 | 19.17 Bn |
| Mar 31, 2025 | 1.97 Bn |
| Dec 31, 2024 | -3.85 Bn |
| Sep 30, 2024 | -12.91 Bn |
| Jun 30, 2024 | 16.98 Bn |
| Mar 31, 2024 | 1.02 Bn |
| Dec 31, 2023 | -4.75 Bn |
| Sep 30, 2023 | -10.75 Bn |
| Jun 30, 2023 | 13.12 Bn |
| Mar 31, 2023 | 2.14 Bn |
| Dec 31, 2022 | -3.57 Bn |
| Sep 30, 2022 | -8.16 Bn |
| Jun 30, 2022 | 12.90 Bn |
| Mar 31, 2022 | 883.00 Mn |
| Dec 31, 2021 | -2.58 Bn |
API Access
Microsoft Other Working Capital Changes 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=other-working-capital-changes&ticker=MSFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "MSFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();