MicrosoftMSFTEarnings & Financial Report
Microsoft Corporation is an American multinational technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the rise of personal computers through software like Windows, and has since expanded to Internet services, cloud computing, artificial intelligence, video gaming, and other fields.
MSFT Q3 FY2026 Key Financial Metrics
Revenue
$82.9B
Gross Profit
$56.1B
Operating Profit
$38.4B
Net Profit
$31.8B
Gross Margin
67.6%
Operating Margin
46.3%
Net Margin
38.3%
YoY Growth
18.0%
EPS
$4.27
Microsoft Q3 FY2026 Financial Summary
Microsoft reported revenue of $82.9B (up 18.0% YoY) for Q3 FY2026, with a net profit of $31.8B (up 23.0% YoY) (38.3% margin). Cost of goods sold was $26.8B, operating expenses totaled $17.7B.
Key Financial Metrics
| Total Revenue | $82.9B |
|---|---|
| Net Profit | $31.8B |
| Gross Margin | 67.6% |
| Operating Margin | 46.3% |
| Report Period | Q3 FY2026 |
Revenue Breakdown
Microsoft Q3 FY2026 revenue of $82.9B breaks down across 10 segments, led by Server Products & Cloud Services at $28.9B (34.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Server Products & Cloud Services | $28.9B | 34.8% |
| Microsoft 365 Commercial Products & Cloud Services | $28.5B | 34.4% |
| $5.3B | 6.4% | |
| Gaming | $5.2B | 6.3% |
| Windows & Devices | $4.5B | 5.4% |
| Search & News Advertising | $4.1B | 5.0% |
| Microsoft 365 Consumer Products & Cloud Services | $2.9B | 3.5% |
| Dynamics Products & Cloud Services | $2.6B | 3.1% |
| Enterprise & Partner Services | $2.0B | 2.4% |
| Other Products & Services | $3.0M | 0.0% |
Microsoft Revenue by Segment — Quarterly Trend
Microsoft revenue by segment across the last 4 reported quarters, showing how each business line (such as Server Products & Cloud Services and Microsoft 365 Commercial Products & Cloud Services) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Server Products & Cloud Services | $28.9B | — | — | — |
| Microsoft 365 Commercial Products & Cloud Services | $28.5B | — | — | — |
| $5.3B | — | — | — | |
| Gaming | $5.2B | $6.0B | $5.5B | $6.0B |
| Windows & Devices | $4.5B | — | — | — |
Microsoft Annual Revenue by Year
Microsoft annual revenue history includes year-by-year totals (for example, 2025 revenue was $281.7B).
Microsoft Quarterly Revenue & Net Profit History
Microsoft results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $82.9B | +18.0% | $31.8B | 38.3% |
| Q2 FY2026 | $81.3B | +16.7% | $38.5B | 47.3% |
| Q1 FY2026 | $77.7B | +18.4% | $27.7B | 35.7% |
| Q4 FY2025 | $76.4B | +18.1% | $27.2B | 35.6% |
| Q3 FY2025 | $70.1B | +13.3% | $25.8B | 36.9% |
| Q2 FY2025 | $69.6B | +12.3% | $24.1B | 34.6% |
| Q1 FY2025 | $65.6B | +16.0% | $24.7B | 37.6% |
| Q4 FY2024 | $64.7B | +15.2% | $22.0B | 34.0% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $64.73B | $65.58B | $69.63B | $70.07B | $76.44B | $77.67B | $81.27B | $82.89B |
| YoY Growth | 15.2% | 16.0% | 12.3% | 13.3% | 18.1% | 18.4% | 16.7% | 18.0% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $512.16B | $523.01B | $533.90B | $562.62B | $619.00B | $636.35B | $665.30B | $694.23B |
| Liabilities | $243.69B | $235.29B | $231.20B | $240.73B | $275.52B | $273.27B | $274.43B | $279.86B |
| Equity | $268.48B | $287.72B | $302.69B | $321.89B | $343.48B | $363.08B | $390.88B | $414.37B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $37.20B | $34.18B | $22.29B | $37.04B | $42.65B | $45.06B | $35.76B |