EBITDA for Microsoft (MSFT)
According to Microsoft's latest reported financial statements, the company's current EBITDA (TTM) is $200.96B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MSFT
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$200.96B
YoY change
+20.4%
5Y CAGR
+18.5%
Peak year (2025)
$160.16B
Cumulative EBITDA
$1.21T
EBITDA history chart for Microsoft (MSFT) from 1986 to 2025
EBITDA history table for Microsoft (MSFT) from 1986 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $160.16B | +20.4% | ||
| 2024 | $133.01B | +26.5% | ||
| 2023 | $105.14B | +4.9% | ||
| 2022 | $100.24B | +17.7% | ||
| 2021 | $85.13B | +24.4% | ||
| 2020 | $68.42B | +17.9% | ||
| 2019 | $58.06B | +17.4% | ||
| 2018 | $49.47B | +20.9% | ||
| 2017 | $40.90B | +22.1% | ||
| 2016 | $33.50B | +32.7% | ||
| 2015 | $25.25B | -24.9% | ||
| 2014 | $33.63B | +7.7% | ||
| 2013 | $31.24B | +21.9% | ||
| 2012 | $25.61B | -17.7% | ||
| 2011 | $31.13B | +11.8% | ||
| 2010 | $27.84B | +24.2% | ||
| 2009 | $22.42B | -13.7% | ||
| 2008 | $25.98B | +30.7% | ||
| 2007 | $19.88B | +14.4% | ||
| 2006 | $17.38B | +12.7% | ||
| 2005 | $15.42B | +50.8% | ||
| 2004 | $10.22B | -6.6% | ||
| 2003 | $10.94B | -15.8% | ||
| 2002 | $12.99B | -2.0% | ||
| 2001 | $13.26B | +8.2% | ||
| 2000 | $12.26B | +10.9% | ||
| 1999 | $11.05B | +42.9% | ||
| 1998 | $7.73B | +42.5% | ||
| 1997 | $5.43B | +52.6% | ||
| 1996 | $3.56B | +54.2% | ||
| 1995 | $2.31B | +17.5% | ||
| 1994 | $1.96B | +32.9% | ||
| 1993 | $1.48B | +33.3% | ||
| 1992 | $1.11B | +52.7% | ||
| 1991 | $725.60M | +65.1% | ||
| 1990 | $439.50M | +65.0% | ||
| 1989 | $266.40M | +31.0% | ||
| 1988 | $203.40M | +51.2% | ||
| 1987 | $134.50M | +101.6% | ||
| 1986 | $66.70M | — |
EBITDA values are taken from Microsoft's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Microsoft (MSFT) most recent annual EBITDA stands at $160.16B (2025) – grew 20.4% year-over-year.
Microsoft EBITDA has grown for 10 consecutive years, with a +18.5% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak EBITDA at $160.16B, with the historical low of $66.70M recorded in 1986.
Among 8 Technology peers, Microsoft (MSFT) ranks 2nd; the peer median for EBITDA is $29.31B.
Microsoft EBITDA by Year
Microsoft EBITDA 2025: $160.16B
Microsoft EBITDA in 2025 was $160.16B, grew 20.4% from 2024. This figure represents the highest annual value in the available history.
Microsoft EBITDA 2024: $133.01B
Microsoft EBITDA in 2024 was $133.01B, grew 26.5% from 2023.
Microsoft EBITDA 2023: $105.14B
Microsoft EBITDA in 2023 was $105.14B, edged up 4.9% from 2022.
Microsoft EBITDA 2022: $100.24B
Microsoft EBITDA in 2022 was $100.24B, grew 17.7% from 2021.
Microsoft EBITDA 2021: $85.13B
Microsoft EBITDA in 2021 was $85.13B.
See more financial history for Microsoft (MSFT).
Sector peers — EBITDA
Companies in the same sector as Microsoft, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.75T | Technology |
| NVIDIA Corporation (NVDA) | $144.55B | Technology |
| Apple Inc. (AAPL) | $144.43B | Technology |
| Broadcom Inc. (AVGO) | $34.71B | Technology |
| Oracle Corporation (ORCL) | $23.91B | Technology |
| Micron Technology, Inc. (MU) | $18.49B | Technology |
| ASML Holding N.V. (ASML) | $12.55B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $7.28B | Technology |
Frequently asked questions
What is Microsoft's EBITDA?
- Latest reported EBITDA for Microsoft (MSFT) is $200.96B (period ending March 31, 2026).
How has Microsoft EBITDA changed year-over-year?
- Microsoft (MSFT) EBITDA changed +20.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Microsoft EBITDA?
- Microsoft (MSFT) EBITDA compound annual growth rate is +18.5% over the most recent 5 years available.
When did Microsoft EBITDA hit its highest annual value?
- Microsoft EBITDA reached its highest annual value of $160.16B in 2025.
What was Microsoft EBITDA in 2024?
- Microsoft (MSFT) EBITDA in 2024 was $133.01B.
What was Microsoft EBITDA in 2025?
- Microsoft (MSFT) EBITDA in 2025 was $160.16B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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