Microsoft (MSFT): financials, SEC filings and peers
Microsoft (MSFT) is a systems software company in the Information Technology sector of the S&P 500, headquartered in Redmond, Washington.
It was founded in 1975 and joined the S&P 500 on June 1, 1994.
Its fiscal year ends in June, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Services-Prepackaged Software”.
Microsoft at a glance
- Revenue (12 months)
- $346.4B
- Revenue growth
- +17.9%
- Operating margin
- 47.1%
- Net income (12 months)
- $142.6B
- Free cash flow (12 months)
- $60.0B
- Cash
- $20.3B
- Debt
- $35.5B
- Diluted EPS (12 months)
- $19.16
Twelve months to September 30, 2026, from the 10-Q filed October 28, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Microsoft reported revenue of $346.4 billion, up 17.9% from a year earlier.
Its operating margin was 47.1%: for every $100 of sales, about $47 was left as operating profit.
Net income was $142.6 billion (41.2% of revenue), 36.0% higher than a year earlier.
Operating cash flow was $195.9 billion and capital spending $135.9 billion, leaving free cash flow of $60.0 billion (17.3% of revenue). Capital spending equal to 39% of revenue is high; the company is investing heavily.
At the end of the period it held $20.3 billion in cash and $35.5 billion in debt, a net debt position of $15.2 billion.
Five-year trend
- Revenue went from $168.1 billion in fiscal 2021 to $331.8 billion in fiscal 2026, about 14.6% a year.
- Revenue has grown for 5 fiscal years in a row.
- Operating margin widened from 41.6% to 46.8% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $198.3B | $211.9B | $245.1B | $281.7B | $331.8B |
| Revenue growth | 18.0% | 6.9% | 15.7% | 14.9% | 17.8% |
| Operating margin | 42.1% | 41.8% | 44.6% | 45.6% | 46.8% |
| Net income | $72.7B | $72.4B | $88.1B | $101.8B | $133.7B |
| Free cash flow | $65.1B | $59.5B | $74.1B | $71.6B | $67.0B |
| Diluted EPS | $9.65 | $9.68 | $11.80 | $13.64 | $17.95 |
Fiscal years as reported in Microsoft’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed November 5, 2026 — Executive or director change
- 8-K filed November 4, 2026 — Other event
- 8-K filed October 28, 2026 — Other event
- 10-Q filed October 28, 2026 — quarterly report
- 8-K filed October 28, 2026 — Earnings results
- 8-K filed September 2, 2026 — Regulation FD disclosure
- 10-K filed July 29, 2026 — annual report
- 8-K filed July 29, 2026 — Earnings results
Companies like Microsoft
Other S&P 500 companies in Systems Software:
- CRWDCrowdStrikeAustin, Texas
- FTNTFortinetSunnyvale, California
- GENGen DigitalTempe, Arizona
- NOWServiceNowSanta Clara, California
- PANWPalo Alto NetworksSanta Clara, California
More from Information Technology
Questions about Microsoft
Is Microsoft's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $346.4 billion, up 17.9% from a year earlier, according to its SEC filings.
Is Microsoft profitable?
Yes. It earned $142.6 billion in net income over the twelve months to September 30, 2026, a net margin of 41.2%.
Does Microsoft have more cash or more debt?
At September 30, 2026 it had $20.3 billion in cash and $35.5 billion in debt, so more debt than cash.
When did Microsoft last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on October 28, 2026.
Which companies are similar to Microsoft?
In the S&P 500, Microsoft is grouped in Systems Software within the Information Technology sector. CrowdStrike (CRWD), Fortinet (FTNT), Gen Digital (GEN), ServiceNow (NOW), Palo Alto Networks (PANW) are in the same group.
Understand the numbers
Source: Microsoft’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.