MICROSOFT CORPORATION (MSFT) Operating margin 2017–2026
MICROSOFT CORPORATION (MSFT) operating margin by fiscal year — reported operating income divided by reported revenue.
46.8%FY2026 · since FY2017: 30.1% → 46.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 46.8% | +1.2 pp |
| 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% | — |
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
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