Free Cash Flow for Microsoft (MSFT)
Free Cash Flow for Microsoft (MSFT): headline value $72.92B · YoY -3.3%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

MSFT
Currently viewingFree Cash FlowSwitch metric
Latest period
$72.92B
YoY change
-3.3%
5Y CAGR
+9.6%
Peak year (2024)
$74.07B
Latest annual
$71.61B
Free Cash Flow history chart for Microsoft (MSFT) from 1989 to 2025
Free Cash Flow history table for Microsoft (MSFT) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $71.61B | -3.3% | ||
| 2024 | $74.07B | +24.5% | ||
| 2023 | $59.48B | -8.7% | ||
| 2022 | $65.15B | +16.1% | ||
| 2021 | $56.12B | +24.1% | ||
| 2020 | $45.23B | +18.2% | ||
| 2019 | $38.26B | +18.6% | ||
| 2018 | $32.25B | +2.8% | ||
| 2017 | $31.38B | +25.6% | ||
| 2016 | $24.98B | +5.3% | ||
| 2015 | $23.72B | -12.2% | ||
| 2014 | $27.02B | +9.9% | ||
| 2013 | $24.58B | -16.2% | ||
| 2012 | $29.32B | +19.0% | ||
| 2011 | $24.64B | +11.5% | ||
| 2010 | $22.10B | +38.8% | ||
| 2009 | $15.92B | -13.6% | ||
| 2008 | $18.43B | +18.7% | ||
| 2007 | $15.53B | +21.1% | ||
| 2006 | $12.83B | -18.8% | ||
| 2005 | $15.79B | +16.8% | ||
| 2004 | $13.52B | -9.3% | ||
| 2003 | $14.91B | +8.5% | ||
| 2002 | $13.74B | +11.5% | ||
| 2001 | $12.32B | +16.8% | ||
| 2000 | $10.55B | -16.0% | ||
| 1999 | $12.55B | +65.5% | ||
| 1998 | $7.59B | +81.1% | ||
| 1997 | $4.19B | +29.9% | ||
| 1996 | $3.23B | +115.7% | ||
| 1995 | $1.50B | +13.7% | ||
| 1994 | $1.31B | +56.9% | ||
| 1993 | $838.00M | +41.9% | ||
| 1992 | $590.40M | +101.2% | ||
| 1991 | $293.50M | +144.2% | ||
| 1990 | $120.20M | -9.7% | ||
| 1989 | $133.10M | — |
Free Cash Flow values are taken from Microsoft's reported cash flow 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
As of the 2025 fiscal year, Microsoft (MSFT) reported free cash flow of $71.61B – edged down 3.3% year-over-year.
Microsoft free cash flow compound annual growth for the 2020–2025 (5 years) window is +9.6%, with the latest reading among the more recent periods of the dataset.
Microsoft free cash flow peaked at $74.07B in 2024; the latest annual figure is $71.61B in 2025 (3.3% below peak).
The dataset's maximum free cash flow sits at $74.07B (2024); the minimum reading of $120.20M dates to 1990.
Among 8 Technology peers, Microsoft (MSFT) ranks 4th; the peer median for free cash flow is $18.78B.
Microsoft Free Cash Flow by Year
Microsoft Free Cash Flow 2025: $71.61B
Microsoft free cash flow in 2025 was $71.61B, edged down 3.3% below 2024.
Microsoft Free Cash Flow 2024: $74.07B
Microsoft free cash flow in 2024 was $74.07B, grew 24.5% from 2023. This figure represents the highest annual value in the available history.
Microsoft Free Cash Flow 2023: $59.48B
Microsoft free cash flow in 2023 was $59.48B, declined 8.7% below 2022.
Microsoft Free Cash Flow 2022: $65.15B
Microsoft free cash flow in 2022 was $65.15B, grew 16.1% from 2021.
Microsoft Free Cash Flow 2021: $56.12B
Microsoft free cash flow in 2021 was $56.12B.
See more financial history for Microsoft (MSFT).
Sector peers — Free Cash Flow
Companies in the same sector as Microsoft, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
| Oracle Corporation (ORCL) | -$394.00M | Technology |
Frequently asked questions
What is Microsoft's free cash flow?
Latest reported free cash flow for Microsoft (MSFT) is $72.92B (period ending March 31, 2026).
How has Microsoft free cash flow changed year-over-year?
Microsoft (MSFT) free cash flow changed -3.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Microsoft free cash flow?
Microsoft (MSFT) free cash flow compound annual growth rate is +9.6% over the most recent 5 years available.
When did Microsoft free cash flow hit its highest annual value?
Microsoft free cash flow reached its highest annual value of $74.07B in 2024.
What was Microsoft free cash flow in 2024?
Microsoft (MSFT) free cash flow in 2024 was $74.07B.
What was Microsoft free cash flow in 2025?
Microsoft (MSFT) free cash flow in 2025 was $71.61B.
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