MICROSOFT CORPORATION (MSFT) Operating margin 2016–2025
MICROSOFT CORPORATION (MSFT) operating margin by fiscal year — reported operating income divided by reported revenue.
45.6%FY2025 · since FY2016: 28.6% → 45.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 45.6% | +1.0 pp |
| FY2024 | 44.6% | +2.9 pp |
| FY2023 | 41.8% | -0.3 pp |
| FY2022 | 42.1% | +0.5 pp |
| FY2021 | 41.6% | +4.6 pp |
| FY2020 | 37.0% | +2.9 pp |
| FY2019 | 34.1% | +2.4 pp |
| FY2018 | 31.8% | +1.7 pp |
| FY2017 | 30.1% | +1.4 pp |
| FY2016 | 28.6% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice