TTM
39.3%
YoY change
+0.19pp
Trough year (2015)
13.0%
Peak year (2000)
41.0%
Latest annual
36.1%
Net Profit Margin history chart for Microsoft (MSFT) from 1986 to 2025
Latest: 36.1%
Net Profit Margin change chart for Microsoft (MSFT) from 1986 to 2025
Latest: +0.19pp
Net Profit Margin history table for Microsoft (MSFT) from 1986 to 2025
| 2025 | 36.1% | +0.19pp | ||
| 2024 | 36.0% | +1.81pp | ||
| 2023 | 34.1% | -2.54pp | ||
| 2022 | 36.7% | +0.23pp | ||
| 2021 | 36.5% | +5.49pp | ||
| 2020 | 31.0% | -0.22pp | ||
| 2019 | 31.2% | +16.17pp | ||
| 2018 | 15.0% | -11.38pp | ||
| 2017 | 26.4% | +3.86pp | ||
| 2016 | 22.5% | +9.50pp | ||
| 2015 | 13.0% | -12.39pp | ||
| 2014 | 25.4% | -2.66pp | ||
| 2013 | 28.1% | +5.05pp | ||
| 2012 | 23.0% | -10.07pp | ||
| 2011 | 33.1% | +3.07pp | ||
| 2010 | 30.0% | +5.09pp | ||
| 2009 | 24.9% | -4.33pp | ||
| 2008 | 29.3% | +1.75pp | ||
| 2007 | 27.5% | -0.94pp | ||
| 2006 | 28.5% | -2.35pp | ||
| 2005 | 30.8% | +8.62pp | ||
| 2004 | 22.2% | -1.22pp | ||
| 2003 | 23.4% | -4.20pp | ||
| 2002 | 27.6% | -1.44pp | ||
| 2001 | 29.0% | -12.00pp | ||
| 2000 | 41.0% | +1.62pp | ||
| 1999 | 39.4% | +10.00pp | ||
| 1998 | 29.4% | +0.48pp | ||
| 1997 | 28.9% | +3.62pp | ||
| 1996 | 25.3% | +0.84pp | ||
| 1995 | 24.5% | -0.18pp | ||
| 1994 | 24.7% | -0.74pp | ||
| 1993 | 25.4% | -0.27pp | ||
| 1992 | 25.7% | +0.57pp | ||
| 1991 | 25.1% | +1.51pp | ||
| 1990 | 23.6% | +2.37pp | ||
| 1989 | 21.2% | +0.25pp | ||
| 1988 | 21.0% | +0.19pp | ||
| 1987 | 20.8% | +0.89pp | ||
| 1986 | 19.9% | — |
- 202536.1%+0.19pp
- 202436.0%+1.81pp
- 202334.1%-2.54pp
- 202236.7%+0.23pp
- 202136.5%+5.49pp
- 202031.0%-0.22pp
- 201931.2%+16.17pp
- 201815.0%-11.38pp
- 201726.4%+3.86pp
- 201622.5%+9.50pp
- 201513.0%-12.39pp
- 201425.4%-2.66pp
- 201328.1%+5.05pp
- 201223.0%-10.07pp
- 201133.1%+3.07pp
- 201030.0%+5.09pp
- 200924.9%-4.33pp
- 200829.3%+1.75pp
- 200727.5%-0.94pp
- 200628.5%-2.35pp
- 200530.8%+8.62pp
- 200422.2%-1.22pp
- 200323.4%-4.20pp
- 200227.6%-1.44pp
- 200129.0%-12.00pp
- 200041.0%+1.62pp
- 199939.4%+10.00pp
- 199829.4%+0.48pp
- 199728.9%+3.62pp
- 199625.3%+0.84pp
- 199524.5%-0.18pp
- 199424.7%-0.74pp
- 199325.4%-0.27pp
- 199225.7%+0.57pp
- 199125.1%+1.51pp
- 199023.6%+2.37pp
- 198921.2%+0.25pp
- 198821.0%+0.19pp
- 198720.8%+0.89pp
- 198619.9%—
Net Profit Margin values are taken from Microsoft's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Microsoft (MSFT)
According to Microsoft's latest reported financial statements, the company's latest reported net margin is 39.3%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Microsoft (MSFT) most recent annual net margin stands at 36.15% (2025) – expanded 0.2 percentage points year-over-year.
2000 marks the peak net margin at 41.04%, with the historical low of 13.03% recorded in 2015.
Microsoft Net Profit Margin by Year
Microsoft Net Profit Margin 2025: 36.1%
In 2025, Microsoft reported net margin of 36.15%, expanded 0.2 percentage points from 2024.
Microsoft Net Profit Margin 2024: 36.0%
Microsoft net margin in 2024 was 35.96%, expanded 1.8 percentage points from 2023.
Microsoft Net Profit Margin 2023: 34.1%
2023's net margin for Microsoft came in at 34.15%, contracted 2.5 percentage points from 2022.
Microsoft Net Profit Margin 2022: 36.7%
Microsoft posted net margin of 36.69% in 2022, expanded 0.2 percentage points from 2021.
Microsoft Net Profit Margin 2021: 36.5%
Microsoft net margin in 2021 was 36.45%.
See more financial history for Microsoft (MSFT).
Sector peers by Net Profit Margin
Technology peers of Microsoft (MSFT), ranked by their latest net margin
| 63.0% | |
| 47.0% | |
| 41.5% | |
| 38.8% | |
| 29.7% | |
| 27.2% | |
| 25.3% | |
| 13.4% |
- 63.0%
- 47.0%
- 38.8%
- 29.7%
- 27.2%
- 25.3%
- 13.4%
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