Microsoft MSFT
NASDAQ MSFT
$509.22 -6.95 (-1.35%)
At close: Sep 28, 2026 · 4:00 PM EDT

Microsoft (MSFT) Research & Development (2009 - 2026)

Updated

Microsoft (MSFT) reported Research & Development of $10 billion for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 13.2% from $8.83 billion a year earlier and up 12.1% from the prior quarter.

Analysis

Microsoft (MSFT) Research & Development (2009 - 2026) Analysis & Trends

For FY2026 (ended Jun 30, 2026), Microsoft posted Research & Development of $35.56 billion, up 9.5% from FY2025.

  • Research & Development has increased for ten consecutive fiscal years, with a five-year compound annual growth rate of 11.4% (FY2021 to FY2026).
  • By fiscal year, Research & Development came in at $32.49 billion in FY2025 (+10.1%), $29.51 billion in FY2024 (+8.5%), $27.2 billion in FY2023 (+10.9%) and $24.51 billion in FY2022 (+18.3%).
  • The fiscal Q4 2026 figure ranks as the highest quarterly Research & Development in data going back to fiscal Q3 2009.
  • Year over year, Research & Development has now increased in each of the last 12 quarters, with growth averaging 9.8% over the last eight quarters.
  • The high point for year-over-year Research & Development in five years was fiscal Q3 2022 (growth of 21.2%); the low point was fiscal Q4 2023 (a decline of 1.6%).
  • Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $8.92 billion (Q3 2026), $8.5 billion (Q2 2026) and $8.15 billion (Q1 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 3,833.59 Bn 3,756.75 Bn 60.48 Bn 10.00 Bn
2 International Business Machines 212.47 Bn 163.37 Bn 9.91 Bn 2.31 Bn
3 Cloudflare 112.40 Bn 95.93 Bn 499.52 Mn 159.49 Mn
4 Equinix 99.47 Bn 88.02 Bn 1.40 Bn -
5 Nebius 60.05 Bn 33.48 Bn 448.70 Mn 191.00 Mn
6 CoreWeave 48.26 Bn 35.35 Bn 1.70 Bn -
7 Verisign 25.97 Bn 23.18 Bn 384.60 Mn 27.50 Mn
8 Nutanix 18.41 Bn 10.09 Bn 651.35 Mn 205.05 Mn
9 Akamai Technologies 16.36 Bn 9.77 Bn 613.75 Mn 148.82 Mn
10 DigitalOcean Holdings 14.67 Bn 12.67 Bn 154.66 Mn 57.52 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.00 Bn
Mar 31, 2026 8.92 Bn
Dec 31, 2025 8.50 Bn
Sep 30, 2025 8.15 Bn
Jun 30, 2025 8.83 Bn
Mar 31, 2025 8.20 Bn
Dec 31, 2024 7.92 Bn
Sep 30, 2024 7.54 Bn
Jun 30, 2024 8.06 Bn
Mar 31, 2024 7.65 Bn
Dec 31, 2023 7.14 Bn
Sep 30, 2023 6.66 Bn
Jun 30, 2023 6.74 Bn
Mar 31, 2023 6.98 Bn
Dec 31, 2022 6.84 Bn
Sep 30, 2022 6.63 Bn
Jun 30, 2022 6.85 Bn
Mar 31, 2022 6.31 Bn
Dec 31, 2021 5.76 Bn
Sep 30, 2021 5.60 Bn
API Access

Microsoft Research & Development 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=research-and-development&ticker=MSFT&period=max&api_key=YOUR_API_KEY