What is the current annual net margin of MSFT?

As of today, MSFT annual net margin is 40.31%

What is 1-year change in MSFT annual net margin?

MSFT annual net margin is up +11.51% year-over-year

What is 3-year change in MSFT annual net margin?

MSFT annual net margin is up +18.04% over the past 3 years

How far is MSFT annual net margin from its all-time high?

MSFT annual net margin is currently -1.78% below its historical high of 41.04% set on June 30, 2000

How does MSFT annual net margin rank versus sector peers?

MSFT annual net margin is higher than 97.96% of companies in Technology sector

When is MSFT next annual earnings release?

As of today, the next annual earnings release for MSFT has not been scheduled

What is the current quarterly net margin of MSFT?

As of today, MSFT quarterly net margin is 39.69%

What is MSFT quarterly net margin most recent change?

MSFT quarterly net margin was down -0.13% on September 30, 2026

What is 1-year change in MSFT quarterly net margin?

MSFT quarterly net margin is up +11.11% year-over-year

How far is MSFT quarterly net margin from its all-time high?

MSFT quarterly net margin is currently -16.12% below its historical high of 47.32% set on December 31, 2025

How does MSFT quarterly net margin rank versus sector peers?

MSFT quarterly net margin is higher than 96.40% of companies in Technology sector

When is MSFT next earnings release?

The next earnings release for MSFT is on January 27, 2027

MSFT Net Margin History & Chart Since 1984

Annual Net Margin

40.31%4.16%+11.51%

June 30, 2026

Summary

Current Value: As of today, MSFT annual net margin is 40.31%, up +11.51% on June 30, 2026
Historical Performance: MSFT annual net margin is up +18.04% over the past 3 years, up +10.59% over the past 5 years
All-Time High Comparison: MSFT annual net margin is currently -1.78% below its historical high of 41.04% set on June 30, 2000
3-Year Low Comparison: MSFT annual net margin is +18.04% above its 3-year low of 34.15% reached on an earlier date
Sector Comparison: MSFT annual net margin is higher than 97.96% of companies in Technology sector

Net Margin Chart

beforeafter

Performance

MSFT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Jun 30, 26	40.31%	+11.5%	+18.0%	+10.6%	+21.8%
Quarterly Net Margin	Sep 30, 26	39.69%	+11.1%	+0.6%	-12.3%	+20.5%
Price	Nov 11, 26	$521.13	+2.5%	+41.0%	+56.8%	+1836.6%
PE Ratio	Nov 11, 26	36.62	+1.2%	+2.3%	-1.4%	+274.1%
Annual Revenue	Jun 30, 26	$331.84B	+17.8%	+56.6%	+97.4%	+374.4%
Annual Net Income	Jun 30, 26	$133.75B	+31.3%	+84.8%	+118.3%	+477.8%
Annual Gross Margin	Jun 30, 26	67.94%	-1.3%	-1.4%	-1.4%	-12.6%
Annual Operating Margin	Jun 30, 26	46.78%	+2.5%	+10.5%	+12.5%	+20.4%

Net Margin Highs

MSFT Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	40.31%	Jun 30, 26	at high
5Y	40.31%	Jun 30, 26	at high
All	41.04%	Jun 30, 00	-1.8%

Net Margin Lows

MSFT Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	34.15%	N/A	+18.0%
5Y	34.15%	Jun 30, 23	+18.0%
All	13.11%	Jun 30, 15	+207.5%

Net Margin History

Year	Value	Change
2026	40.31%	+11.5%
2025	36.15%	+0.5%
2024	35.96%	+5.3%
2023	34.15%	-6.9%
2022	36.69%	+0.7%
2021	36.45%	+17.7%
2020	30.96%	-1.0%
2019	31.27%	+107.9%
2018	15.04%	-43.4%
2017	26.55%	+33.9%
2016	19.83%	+51.3%
2015	13.11%	-48.5%
2014	25.45%	-9.6%
2013	28.15%	+22.3%
2012	23.02%	-30.5%
2011	33.10%	+9.4%
2010	30.26%	+19.6%
2009	25.31%	-13.6%
2008	29.31%	+6.2%
2007	27.60%	-3.4%
2006	28.56%	-7.4%
2005	30.84%	+39.1%

Year	Value	Change
2004	22.17%	-28.6%
2003	31.05%	+12.5%
2002	27.60%	-9.6%
2001	30.52%	-25.6%
2000	41.04%	+4.1%
1999	39.42%	+27.2%
1998	31.00%	+1.9%
1997	30.41%	+20.2%
1996	25.31%	+3.4%
1995	24.47%	-0.7%
1994	24.65%	-2.9%
1993	25.39%	-1.1%
1992	25.67%	+2.3%
1991	25.10%	+6.4%
1990	23.59%	+11.2%
1989	21.22%	+1.2%
1988	20.97%	+0.9%
1987	20.78%	+4.6%
1986	19.87%	+15.8%
1985	17.16%	+5.2%
1984	16.31%	-

FAQ

What is the current annual net margin of MSFT?: As of today, MSFT annual net margin is 40.31%
What is 1-year change in MSFT annual net margin?: MSFT annual net margin is up +11.51% year-over-year
What is 3-year change in MSFT annual net margin?: MSFT annual net margin is up +18.04% over the past 3 years
How far is MSFT annual net margin from its all-time high?: MSFT annual net margin is currently -1.78% below its historical high of 41.04% set on June 30, 2000
How does MSFT annual net margin rank versus sector peers?: MSFT annual net margin is higher than 97.96% of companies in Technology sector
When is MSFT next annual earnings release?: As of today, the next annual earnings release for MSFT has not been scheduled

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

39.69%0.05%-0.13%

September 30, 2026

Summary

Current Value: As of today, MSFT quarterly net margin is 39.69%, down -0.13% on September 30, 2026
Historical Performance: MSFT quarterly net margin is up +11.11% year-over-year, up +0.63% over the past 3 years
All-Time High Comparison: MSFT quarterly net margin is currently -16.12% below its historical high of 47.32% set on December 31, 2025
3-Year Low Comparison: MSFT quarterly net margin is +16.60% above its 3-year low of 34.04% reached on June 30, 2024
Sector Comparison: MSFT quarterly net margin is higher than 96.40% of companies in Technology sector

Performance

MSFT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	39.69%	-0.1%	+11.1%	+0.6%	-12.3%
Annual Net Margin	Jun 30, 26	40.31%	–	+11.5%	+18.0%	+10.6%
Price	Nov 11, 26	$521.13	+3.4%	+2.5%	+41.0%	+56.8%
PE Ratio	Nov 11, 26	36.62	+30.5%	+1.2%	+2.3%	-1.4%
Quarterly Revenue	Sep 30, 26	-	–	–	–	–
Quarterly Net Income	Sep 30, 26	-	–	–	–	–
Quarterly Gross Margin	Sep 30, 26	67.79%	+0.9%	-1.8%	-4.7%	-3.0%
Quarterly Operating Margin	Sep 30, 26	49.76%	+10.3%	+1.8%	+4.6%	+11.4%

Quarterly Net Margin Highs

MSFT Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	47.32%	Dec 31, 25	-16.1%
3Y	47.32%	Dec 31, 25	-16.1%
5Y	47.32%	Dec 31, 25	-16.1%
All	47.32%	Dec 31, 25	-16.1%

Quarterly Net Margin Lows

MSFT Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	35.72%	N/A	+11.1%
3Y	34.04%	Jun 30, 24	+16.6%
5Y	31.14%	Dec 31, 22	+27.5%
All	-21.81%	Dec 31, 17	+282.0%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	39.69%	-0.1%
Jun 2026	39.74%	+3.7%
Mar 2026	38.34%	-19.0%
Dec 2025	47.32%	+32.5%
Sep 2025	35.72%	+0.3%
Jun 2025	35.63%	-3.3%
Mar 2025	36.86%	+6.5%
Dec 2024	34.62%	-8.0%
Sep 2024	37.61%	+10.5%
Jun 2024	34.04%	-4.0%
Mar 2024	35.47%	+0.6%
Dec 2023	35.26%	-10.6%
Sep 2023	39.44%	+10.4%
Jun 2023	35.74%	+3.2%
Mar 2023	34.62%	+11.2%
Dec 2022	31.14%	-11.1%
Sep 2022	35.03%	+8.5%
Jun 2022	32.28%	-4.8%
Mar 2022	33.89%	-6.6%
Dec 2021	36.28%	-19.8%
Sep 2021	45.25%	+26.9%
Jun 2021	35.66%	-3.8%
Mar 2021	37.06%	+3.2%
Dec 2020	35.90%	-4.0%
Sep 2020	37.39%	+27.0%
Jun 2020	29.45%	-4.1%
Mar 2020	30.70%	-2.7%
Dec 2019	31.56%	-2.3%
Sep 2019	32.30%	-17.6%
Jun 2019	39.22%	+35.8%
Mar 2019	28.88%	+11.1%
Dec 2018	26.00%	-14.6%
Sep 2018	30.44%	+3.0%
Jun 2018	29.54%	+6.7%
Mar 2018	27.69%	+227.0%
Dec 2017	-21.81%	-181.0%
Sep 2017	26.92%	-15.1%
Jun 2017	31.69%	+33.1%
Mar 2017	23.81%	-2.5%
Dec 2016	24.43%	-5.8%
Sep 2016	25.93%	+69.8%
Jun 2016	15.27%	-17.2%
Mar 2016	18.45%	-13.2%
Dec 2015	21.25%	-12.1%
Sep 2015	24.18%	+265.5%
Jun 2015	-14.61%	-163.2%
Mar 2015	23.11%	+3.9%
Dec 2014	22.24%	+13.6%
Sep 2014	19.58%	-0.9%
Jun 2014	19.75%	-28.9%
Mar 2014	27.78%	+3.8%
Dec 2013	26.77%	-5.5%
Sep 2013	28.33%	+13.1%
Jun 2013	25.05%	-15.4%
Mar 2013	29.62%	-0.5%
Dec 2012	29.77%	+6.5%
Sep 2012	27.96%	+1,124.2%
Jun 2012	-2.73%	-109.3%
Mar 2012	29.32%	-7.4%
Dec 2011	31.68%	-3.8%
Sep 2011	32.94%	-2.0%
Jun 2011	33.60%	+5.7%
Mar 2011	31.79%	-4.6%
Dec 2010	33.34%	-0.7%
Sep 2010	33.58%	+17.9%
Jun 2010	28.48%	+2.5%
Mar 2010	27.78%	-21.0%
Dec 2009	35.15%	+25.4%
Sep 2009	28.03%	+17.9%
Jun 2009	23.77%	+6.9%
Mar 2009	22.24%	-11.4%
Dec 2008	25.10%	-13.6%
Sep 2008	29.04%	+7.0%
Jun 2008	27.13%	-10.6%
Mar 2008	30.36%	+5.6%
Dec 2007	28.76%	-7.7%
Sep 2007	31.17%	+37.3%
Jun 2007	22.70%	-33.6%
Mar 2007	34.21%	+63.4%
Dec 2006	20.94%	-34.9%
Sep 2006	32.17%	+34.3%
Jun 2006	23.96%	-12.3%
Mar 2006	27.31%	-11.5%
Dec 2005	30.86%	-4.3%
Sep 2005	32.25%	-11.4%
Jun 2005	36.41%	+36.7%

Month	Value	Change
Mar 2005	26.64%	-16.8%
Dec 2004	32.01%	+16.4%
Sep 2004	27.51%	-5.0%
Jun 2004	28.95%	+102.0%
Mar 2004	14.33%	-6.1%
Dec 2003	15.26%	-52.0%
Sep 2003	31.82%	+33.6%
Jun 2003	23.82%	-33.2%
Mar 2003	35.66%	+19.3%
Dec 2002	29.88%	-15.1%
Sep 2002	35.19%	+67.3%
Jun 2002	21.03%	-44.4%
Mar 2002	37.79%	+28.1%
Dec 2001	29.49%	+40.8%
Sep 2001	20.94%	+1,994.0%
Jun 2001	1.00%	-97.4%
Mar 2001	37.96%	-4.7%
Dec 2000	39.85%	-10.4%
Sep 2000	44.50%	+7.2%
Jun 2000	41.51%	-1.6%
Mar 2000	42.17%	+5.8%
Dec 1999	39.86%	-2.0%
Sep 1999	40.69%	+20.6%
Jun 1999	33.75%	-23.7%
Mar 1999	44.26%	+10.2%
Dec 1998	40.16%	-5.7%
Sep 1998	42.58%	+25.3%
Jun 1998	33.97%	-4.1%
Mar 1998	35.43%	+12.1%
Dec 1997	31.60%	+49.2%
Sep 1997	21.18%	-36.4%
Jun 1997	33.29%	+2.5%
Mar 1997	32.48%	+17.5%
Dec 1996	27.65%	+3.4%
Sep 1996	26.75%	+7.9%
Jun 1996	24.79%	-2.7%
Mar 1996	25.49%	-2.7%
Dec 1995	26.20%	+5.9%
Sep 1995	24.75%	+9.0%
Jun 1995	22.70%	-9.0%
Mar 1995	24.95%	-0.9%
Dec 1994	25.17%	-0.7%
Sep 1994	25.34%	-9.5%
Jun 1994	28.00%	+36.1%
Mar 1994	20.58%	-19.6%
Dec 1993	25.60%	+5.3%
Sep 1993	24.31%	-4.7%
Jun 1993	25.51%	+0.6%
Mar 1993	25.37%	+0.8%
Dec 1992	25.16%	-1.5%
Sep 1992	25.55%	-0.9%
Jun 1992	25.77%	-1.9%
Mar 1992	26.26%	+2.2%
Dec 1991	25.69%	+3.5%
Sep 1991	24.81%	-5.6%
Jun 1991	26.28%	+3.3%
Mar 1991	25.43%	+3.7%
Dec 1990	24.52%	+3.4%
Sep 1990	23.71%	-0.2%
Jun 1990	23.75%	-1.8%
Mar 1990	24.19%	-2.5%
Dec 1989	24.80%	+17.6%
Sep 1989	21.09%	+2.5%
Jun 1989	20.57%	-1.4%
Mar 1989	20.86%	-7.9%
Dec 1988	22.64%	+9.1%
Sep 1988	20.75%	+17.8%
Jun 1988	17.61%	-23.6%
Mar 1988	23.05%	+1.8%
Dec 1987	22.64%	+9.1%
Sep 1987	20.76%	+19.8%
Jun 1987	17.33%	-10.7%
Mar 1987	19.41%	-20.2%
Dec 1986	24.32%	+2.8%
Sep 1986	23.65%	+26.2%
Jun 1986	18.74%	-10.7%
Mar 1986	20.99%	+4.0%
Dec 1985	20.19%	0.0%
Sep 1985	20.19%	+18.1%
Jun 1985	17.09%	0.0%
Mar 1985	17.09%	0.0%
Dec 1984	17.09%	0.0%
Sep 1984	17.09%	+4.3%
Jun 1984	16.39%	0.0%
Mar 1984	16.39%	-

FAQ

What is the current quarterly net margin of MSFT?: As of today, MSFT quarterly net margin is 39.69%
What is MSFT quarterly net margin most recent change?: MSFT quarterly net margin was down -0.13% on September 30, 2026
What is 1-year change in MSFT quarterly net margin?: MSFT quarterly net margin is up +11.11% year-over-year
How far is MSFT quarterly net margin from its all-time high?: MSFT quarterly net margin is currently -16.12% below its historical high of 47.32% set on December 31, 2025
How does MSFT quarterly net margin rank versus sector peers?: MSFT quarterly net margin is higher than 96.40% of companies in Technology sector
When is MSFT next earnings release?: The next earnings release for MSFT is on January 27, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

MSFT Official Website www.microsoft.com
MSFT Profile on Yahoo Finance finance.yahoo.com/quote/MSFT
MSFT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/msft