TTM
$155B
YoY change
+20.8%
5Y CAGR
+17.3%
Peak year (FY2026)
$155B
Cumulative operating income
$1.14T
Operating Income history chart for Microsoft (MSFT) from 2017 to 2026
Latest: $155B
Operating Income growth chart for Microsoft (MSFT) from 2017 to 2026
Latest: +20.8%
Operating Income history table for Microsoft (MSFT) from 1986 to 2026
| FY2026 | $155B | +20.8% | +$26.7B | ||
| FY2025 | $129B | +17.4% | +$19.1B | ||
| FY2024 | $109B | +23.6% | +$20.9B | ||
| FY2023 | $88.5B | +6.2% | +$5.14B | ||
| FY2022 | $83.4B | +19.3% | +$13.5B | ||
| FY2021 | $69.9B | +32.0% | +$17B | ||
| FY2020 | $53B | +23.3% | +$10B | ||
| FY2019 | $43B | +22.5% | +$7.9B | ||
| FY2018 | $35.1B | +20.8% | +$6.03B | ||
| FY2017 | $29B | +11.3% | +$2.95B | ||
| FY2016 | $26.1B | +43.6% | +$7.92B | ||
| FY2015 | $18.2B | -34.6% | -$9.6B | ||
| FY2014 | $27.8B | +3.7% | +$995M | ||
| FY2013 | $26.8B | +23.0% | +$5B | ||
| FY2012 | $21.8B | -19.9% | -$5.4B | ||
| FY2011 | $27.2B | +12.7% | +$3.06B | ||
| FY2010 | $24.1B | +18.3% | +$3.74B | ||
| FY2009 | $20.4B | -8.6% | -$1.91B | ||
| FY2008 | $22.3B | +20.8% | +$3.83B | ||
| FY2007 | $18.4B | +11.9% | +$1.97B | ||
| FY2006 | $16.5B | +13.1% | +$1.91B | ||
| FY2005 | $14.6B | +61.2% | +$5.53B | ||
| FY2004 | $9.03B | -5.4% | -$511M | ||
| FY2003 | $9.55B | -19.9% | -$2.37B | ||
| FY2002 | $11.9B | +1.6% | +$190M | ||
| FY2001 | $11.7B | +6.5% | +$714M | ||
| FY2000 | $11B | +9.6% | +$963M | ||
| FY1999 | $10B | +49.7% | +$3.33B | ||
| FY1998 | $6.71B | +37.8% | +$1.84B | ||
| FY1997 | $4.87B | +58.3% | +$1.79B | ||
| FY1996 | $3.08B | +51.0% | +$1.04B | ||
| FY1995 | $2.04B | +18.1% | +$312M | ||
| FY1994 | $1.73B | +30.2% | +$400M | ||
| FY1993 | $1.33B | +33.1% | +$330M | ||
| FY1992 | $996M | +53.3% | +$346M | ||
| FY1991 | $650M | +65.3% | +$257M | ||
| FY1990 | $393M | +62.3% | +$151M | ||
| FY1989 | $242M | +29.2% | +$54.8M | ||
| FY1988 | $187M | +47.7% | +$60.5M | ||
| FY1987 | $127M | +108.4% | +$66M | ||
| FY1986 | $60.9M | — | — |
- FY2026$155B+20.8%
- FY2025$129B+17.4%
- FY2024$109B+23.6%
- FY2023$88.5B+6.2%
- FY2022$83.4B+19.3%
- FY2021$69.9B+32.0%
- FY2020$53B+23.3%
- FY2019$43B+22.5%
- FY2018$35.1B+20.8%
- FY2017$29B+11.3%
- FY2016$26.1B+43.6%
- FY2015$18.2B-34.6%
- FY2014$27.8B+3.7%
- FY2013$26.8B+23.0%
- FY2012$21.8B-19.9%
- FY2011$27.2B+12.7%
- FY2010$24.1B+18.3%
- FY2009$20.4B-8.6%
- FY2008$22.3B+20.8%
- FY2007$18.4B+11.9%
- FY2006$16.5B+13.1%
- FY2005$14.6B+61.2%
- FY2004$9.03B-5.4%
- FY2003$9.55B-19.9%
- FY2002$11.9B+1.6%
- FY2001$11.7B+6.5%
- FY2000$11B+9.6%
- FY1999$10B+49.7%
- FY1998$6.71B+37.8%
- FY1997$4.87B+58.3%
- FY1996$3.08B+51.0%
- FY1995$2.04B+18.1%
- FY1994$1.73B+30.2%
- FY1993$1.33B+33.1%
- FY1992$996M+53.3%
- FY1991$650M+65.3%
- FY1990$393M+62.3%
- FY1989$242M+29.2%
- FY1988$187M+47.7%
- FY1987$127M+108.4%
- FY1986$60.9M—
Operating Income 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 Operating Income at Microsoft (MSFT)
According to Microsoft's latest reported financial statements, the company's current operating income (TTM) is $155B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Microsoft (MSFT) most recent annual operating income stands at $155B (2026) – grew 20.8% year-over-year.
Across 2021–2026 (5 years), Microsoft operating income produced a CAGR of +17.3% – sustaining 11 straight years of year-over-year growth.
Across the available history, operating income reached its high of $155B in 2026 and its low of $60.9M in 1986.
Microsoft Operating Income by Year
Microsoft Operating Income 2026: $155B
In 2026, Microsoft reported operating income of $155B, grew 20.8% from 2025. This figure represents the highest annual value in the available history.
Microsoft Operating Income 2025: $129B
Microsoft operating income in 2025 was $129B, grew 17.4% from 2024.
Microsoft Operating Income 2024: $109B
2024's operating income for Microsoft came in at $109B, grew 23.6% from 2023.
Microsoft Operating Income 2023: $88.5B
Microsoft posted operating income of $88.5B in 2023, grew 6.2% from 2022.
Microsoft Operating Income 2022: $83.4B
Microsoft operating income in 2022 was $83.4B.
See more financial history for Microsoft (MSFT).
Sector peers by Operating Income
Technology peers of Microsoft (MSFT), ranked by their latest operating income
| $133B | |
| $130B | |
| $63.1B | |
| $25.5B | |
| $13.2B | |
| $9.87B | |
| $3.69B |
- $133B
- $130B
- $63.1B
- $25.5B
- $13.2B
- $9.87B
- $3.69B
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