Microsoft (MSFT) Earnings History by Quarter
73 quarters, Q1 FY09 to Q1 FY27/73 past earnings releases/Past dates only
Final10-Q filed Oct 28, 2026MSFTQ1 FY27
$92.3BMSFT earnings history
Revenue in Q1 FY27, 1st of 41 comparable quarters since Q1 FY17.
- Revenue YoY
- up +18.8%Q1 FY27
- Net margin
- 39.7%Q1 FY27
- Revenue, 4 qtrs
- $346.4Btrailing to Q1 FY27
- Growth streak
- 37quarters of YoY growth
Q1 FY27 = quarter ended Sep 30, 2026Data as of
Microsoft reported revenue of $92.3B in Q1 FY27, the highest of the 41 comparable quarters since Q1 FY17. The series runs from Q1 FY09 to Q1 FY27 (73 quarters), with revenue, net income and diluted EPS for each, annual totals and the filing times of past releases.
Informational only. Not investment advice or a recommendation to buy, sell or hold any security. Figures are from company filings retrieved via SEC EDGAR; press-release (preliminary) figures may be revised in the 10-Q/10-K. Data as of Oct 28, 2026 4:07 PM ET.
The latest 41 MSFT quarters, up to Q1 FY27, form an unbroken like-for-like run. Earlier quarters stay in the table, but restated bases, gaps and 14-week quarters keep them out of records, streaks and growth rates.
Revenue chart and table, every quarter
Comparable quarters since Q1 FY17: $21.9B to $92.3B
Microsoft quarterly revenue chart, Q1 FY09 to Q1 FY27
Line: revenue each quarter, linear scale from zero. Shaded: the current run of year-over-year growth. Dashed line: new reporting basis from Q1 FY17; earlier quarters were not restated, so the line breaks there.
- Revenue
- Q1 FY27
- New reporting basis from Q1 FY17
Quarterly revenue for all 73 quarters, Q1 FY09 to Q1 FY27.
Revenue by quarter
| Quarter | Ended | Revenue | YoY |
|---|---|---|---|
| Q1 FY27Sep 30, 2026 | Sep 30, 2026 | $92,279M | up +18.8% |
| Q4 FY26dJun 30, 2026 | Jun 30, 2026 | $90,007M | up +17.7% |
| Q3 FY26Mar 31, 2026 | Mar 31, 2026 | $82,886M | up +18.3% |
| Q2 FY26Dec 31, 2025 | Dec 31, 2025 | $81,273M | up +16.7% |
| Q1 FY26Sep 30, 2025 | Sep 30, 2025 | $77,673M | up +18.4% |
| Q4 FY25dJun 30, 2025 | Jun 30, 2025 | $76,441M | up +18.1% |
| Q3 FY25Mar 31, 2025 | Mar 31, 2025 | $70,066M | up +13.3% |
| Q2 FY25Dec 31, 2024 | Dec 31, 2024 | $69,632M | up +12.3% |
| Q1 FY25Sep 30, 2024 | Sep 30, 2024 | $65,585M | up +16.0% |
| Q4 FY24dJun 30, 2024 | Jun 30, 2024 | $64,727M | up +15.2% |
| Q3 FY24Mar 31, 2024 | Mar 31, 2024 | $61,858M | up +17.0% |
| Q2 FY24Dec 31, 2023 | Dec 31, 2023 | $62,020M | up +17.6% |
Show all 73 quarters (back to Q1 FY09)
| Quarter | Ended | Revenue | YoY |
|---|---|---|---|
| Q1 FY24Sep 30, 2023 | Sep 30, 2023 | $56,517M | up +12.8% |
| Q4 FY23dJun 30, 2023 | Jun 30, 2023 | $56,189M | up +8.3% |
| Q3 FY23Mar 31, 2023 | Mar 31, 2023 | $52,857M | up +7.1% |
| Q2 FY23Dec 31, 2022 | Dec 31, 2022 | $52,747M | up +2.0% |
| Q1 FY23Sep 30, 2022 | Sep 30, 2022 | $50,122M | up +10.6% |
| Q4 FY22dJun 30, 2022 | Jun 30, 2022 | $51,865M | up +12.4% |
| Q3 FY22Mar 31, 2022 | Mar 31, 2022 | $49,360M | up +18.4% |
| Q2 FY22Dec 31, 2021 | Dec 31, 2021 | $51,728M | up +20.1% |
| Q1 FY22Sep 30, 2021 | Sep 30, 2021 | $45,317M | up +22.0% |
| Q4 FY21dJun 30, 2021 | Jun 30, 2021 | $46,152M | up +21.3% |
| Q3 FY21Mar 31, 2021 | Mar 31, 2021 | $41,706M | up +19.1% |
| Q2 FY21Dec 31, 2020 | Dec 31, 2020 | $43,076M | up +16.7% |
| Q1 FY21Sep 30, 2020 | Sep 30, 2020 | $37,154M | up +12.4% |
| Q4 FY20Jun 30, 2020 | Jun 30, 2020 | $38,033M | up +12.8% |
| Q3 FY20Mar 31, 2020 | Mar 31, 2020 | $35,021M | up +14.6% |
| Q2 FY20Dec 31, 2019 | Dec 31, 2019 | $36,906M | up +13.7% |
| Q1 FY20Sep 30, 2019 | Sep 30, 2019 | $33,055M | up +13.7% |
| Q4 FY19Jun 30, 2019 | Jun 30, 2019 | $33,717M | up +12.1% |
| Q3 FY19Mar 31, 2019 | Mar 31, 2019 | $30,571M | up +14.0% |
| Q2 FY19Dec 31, 2018 | Dec 31, 2018 | $32,471M | up +12.3% |
| Q1 FY19Sep 30, 2018 | Sep 30, 2018 | $29,084M | up +18.5% |
| Q4 FY18Jun 30, 2018 | Jun 30, 2018 | $30,085M | up +17.5% |
| Q3 FY18Mar 31, 2018 | Mar 31, 2018 | $26,819M | up +15.5% |
| Q2 FY18Dec 31, 2017 | Dec 31, 2017 | $28,918M | up +12.0% |
| Q1 FY18Sep 30, 2017 | Sep 30, 2017 | $24,538M | up +11.9% |
| Q4 FY17Jun 30, 2017 | Jun 30, 2017 | $25,605M | n/a (the company restated one of the two quarters; no same-basis comparison) |
| Q3 FY17Mar 31, 2017 | Mar 31, 2017 | $23,212M | n/a (the company restated one of the two quarters; no same-basis comparison) |
| Q2 FY17Dec 31, 2016 | Dec 31, 2016 | $25,826M | n/a (the company restated one of the two quarters; no same-basis comparison) |
| Q1 FY17Sep 30, 2016 | Sep 30, 2016 | $21,928M | n/a (the company restated one of the two quarters; no same-basis comparison) |
| Q4 FY16Jun 30, 2016 | Jun 30, 2016 | $20,614M | n/a (recast by the company, not comparable) |
| Q3 FY16Mar 31, 2016 | Mar 31, 2016 | $20,531M | n/a (recast by the company, not comparable) |
| Q2 FY16Dec 31, 2015 | Dec 31, 2015 | $23,796M | n/a (recast by the company, not comparable) |
| Q1 FY16Sep 30, 2015 | Sep 30, 2015 | $20,379M | n/a (recast by the company, not comparable) |
| Q4 FY15Jun 30, 2015 | Jun 30, 2015 | $22,180M | n/a (recast by the company, not comparable) |
| Q3 FY15Mar 31, 2015 | Mar 31, 2015 | $21,729M | n/a (recast by the company, not comparable) |
| Q2 FY15Dec 31, 2014 | Dec 31, 2014 | $26,470M | n/a (recast by the company, not comparable) |
| Q1 FY15Sep 30, 2014 | Sep 30, 2014 | $23,201M | n/a (recast by the company, not comparable) |
| Q4 FY14Jun 30, 2014 | Jun 30, 2014 | $23,382M | n/a (recast by the company, not comparable) |
| Q3 FY14Mar 31, 2014 | Mar 31, 2014 | $20,403M | n/a (recast by the company, not comparable) |
| Q2 FY14Dec 31, 2013 | Dec 31, 2013 | $24,519M | n/a (recast by the company, not comparable) |
| Q1 FY14Sep 30, 2013 | Sep 30, 2013 | $18,529M | n/a (recast by the company, not comparable) |
| Q4 FY13Jun 30, 2013 | Jun 30, 2013 | $19,896M | n/a (recast by the company, not comparable) |
| Q3 FY13Mar 31, 2013 | Mar 31, 2013 | $20,489M | n/a (recast by the company, not comparable) |
| Q2 FY13Dec 31, 2012 | Dec 31, 2012 | $21,456M | n/a (recast by the company, not comparable) |
| Q1 FY13Sep 30, 2012 | Sep 30, 2012 | $16,008M | n/a (recast by the company, not comparable) |
| Q4 FY12Jun 30, 2012 | Jun 30, 2012 | $18,059M | n/a (recast by the company, not comparable) |
| Q3 FY12Mar 31, 2012 | Mar 31, 2012 | $17,407M | n/a (recast by the company, not comparable) |
| Q2 FY12Dec 31, 2011 | Dec 31, 2011 | $20,885M | n/a (recast by the company, not comparable) |
| Q1 FY12Sep 30, 2011 | Sep 30, 2011 | $17,372M | n/a (recast by the company, not comparable) |
| Q4 FY11Jun 30, 2011 | Jun 30, 2011 | $17,367M | n/a (recast by the company, not comparable) |
| Q3 FY11Mar 31, 2011 | Mar 31, 2011 | $16,428M | n/a (recast by the company, not comparable) |
| Q2 FY11Dec 31, 2010 | Dec 31, 2010 | $19,953M | n/a (recast by the company, not comparable) |
| Q1 FY11Sep 30, 2010 | Sep 30, 2010 | $16,195M | n/a (recast by the company, not comparable) |
| Q4 FY10Jun 30, 2010 | Jun 30, 2010 | $16,039M | n/a (recast by the company, not comparable) |
| Q3 FY10Mar 31, 2010 | Mar 31, 2010 | $14,503M | n/a (recast by the company, not comparable) |
| Q2 FY10Dec 31, 2009 | Dec 31, 2009 | $19,022M | n/a (recast by the company, not comparable) |
| Q1 FY10Sep 30, 2009 | Sep 30, 2009 | $12,920M | n/a (recast by the company, not comparable) |
| Q4 FY09Jun 30, 2009 | Jun 30, 2009 | $13,099M | n/a (no year-ago quarter in the data) |
| Q3 FY09Mar 31, 2009 | Mar 31, 2009 | $13,648M | n/a (no year-ago quarter in the data) |
| Q2 FY09Dec 31, 2008 | Dec 31, 2008 | $16,629M | n/a (no year-ago quarter in the data) |
| Q1 FY09Sep 30, 2008 | Sep 30, 2008 | $15,061M | n/a (no year-ago quarter in the data) |
d = derived: fiscal year minus nine months (Q4 is inside the 10-K); 14w = 14-week quarter, no year-over-year change; † = diluted share basis changes between this quarter and the previous one. b = YoY n/a (the company restated one of the two quarters; no same-basis comparison). Quarter names link to their own page where one exists.
The long view
Annual revenue went from $110,360M in fiscal 2018 to $331,839M in fiscal 2026: 3.0x the starting level, or +14.8% a year compounded over 8 years. Net income for fiscal 2026 was $133,749M, against $101,832M in fiscal 2025.
Revenue grew far more often than it fell: of 37 quarters with a comparable year-over-year change, 37 grew and 0 shrank. The best was +22.0% (Q1 FY22), the weakest +2.0% (Q2 FY23). The latest quarter, Q1 FY27, came in at +18.8%.
3 of the 73 quarters ended in a net loss. In Q1 FY27, diluted EPS was $4.92 on a net margin of 39.7%.
Each of the last 8 comparable quarters grew year over year by double digits, within a band of 12% to 19%. The pace is close to unchanged, at an average of +18% over the latest four quarters against +16% for the four before. Across the last 12 the year-over-year change barely moved (standard deviation 2.0 points), which makes the series easy to read.
In each of the last 6 complete fiscal years the largest revenue quarter was fiscal Q4, with the biggest quarter of a year about 16% above the smallest on average. The latest quarter is the peak of the like-for-like run, so there is no earlier high to compare it with. Net margin widened, averaging 41% over the latest four quarters against 36% before.
History highlights
- The latest quarter, Q1 FY27, is also a revenue record: $92.3B, the highest of the 41 comparable quarters since Q1 FY17.
- The current run of year-over-year revenue growth is 37 quarters long (Q1 FY18 to Q1 FY27), the longest in the comparable history: 9.2 years without a single year-over-year decline.
- Net margin has swung between a low of -21.8% (Q2 FY18) and a high of 47.3% (Q2 FY26) across the quarters on file; the low end is a net loss.
- In filing 0001564590-18-019062 the company restated its figures on a new basis. Periods that ended before Sep 30, 2016 stay on the earlier basis, so they are kept out of records, streaks and growth rates.
Form 8-K earnings releases
Past earnings release dates
The table lists 73 past earnings releases confirmed from Form 8-K filings; the most recent was accepted on Oct 28, 2026 4:04 PM ET, and the earliest on Oct 23, 2008 4:13 PM ET. All of the latest 8 were accepted at 4 PM ET or later, after the US market close. These are timestamps of filings that already happened. This site does not publish upcoming or expected dates.
| Quarter | 8-K filed | Accepted (ET) | Accession |
|---|---|---|---|
| Q1 FY27 | Oct 28, 2026 | 0001193125-26-436122 | |
| Q4 FY26 | Jul 29, 2026 | 0001193125-26-323632 | |
| Q3 FY26 | Apr 29, 2026 | 0001193125-26-191457 | |
| Q2 FY26 | Jan 28, 2026 | 0001193125-26-027198 | |
| Q1 FY26 | Oct 29, 2025 | 0001193125-25-256310 | |
| Q4 FY25 | Jul 30, 2025 | 0000950170-25-100226 | |
| Q3 FY25 | Apr 30, 2025 | 0000950170-25-061032 | |
| Q2 FY25 | Jan 29, 2025 | 0000950170-25-010484 | |
| Q1 FY25 | Oct 30, 2024 | 0000950170-24-118955 | |
| Q4 FY24 | Jul 30, 2024 | 0000950170-24-087835 | |
| Q3 FY24 | Apr 25, 2024 | 0000950170-24-048268 | |
| Q2 FY24 | Jan 30, 2024 | 0000950170-24-008809 |
Show all 73 past releases
| Quarter | 8-K filed | Accepted (ET) | Accession |
|---|---|---|---|
| Q1 FY24 | Oct 24, 2023 | 0000950170-23-054848 | |
| Q4 FY23 | Jul 25, 2023 | 0000950170-23-034400 | |
| Q3 FY23 | Apr 25, 2023 | 0001193125-23-115280 | |
| Q2 FY23 | Jan 24, 2023 | 0001193125-23-014230 | |
| Q1 FY23 | Oct 25, 2022 | 0001193125-22-268356 | |
| Q4 FY22 | Jul 26, 2022 | 0001193125-22-202034 | |
| Q3 FY22 | Apr 26, 2022 | 0001193125-22-120207 | |
| Q2 FY22 | Jan 25, 2022 | 0001193125-22-017041 | |
| Q1 FY22 | Oct 26, 2021 | 0001193125-21-307941 | |
| Q4 FY21 | Jul 27, 2021 | 0001193125-21-225746 | |
| Q3 FY21 | Apr 27, 2021 | 0001193125-21-134213 | |
| Q2 FY21 | Jan 26, 2021 | 0001193125-21-017683 | |
| Q1 FY21 | Oct 27, 2020 | 0001193125-20-278410 | |
| Q4 FY20 | Jul 22, 2020 | 0001193125-20-197109 | |
| Q3 FY20 | Apr 29, 2020 | 0001193125-20-126089 | |
| Q2 FY20 | Jan 29, 2020 | 0001193125-20-018383 | |
| Q1 FY20 | Oct 23, 2019 | 0001193125-19-272562 | |
| Q4 FY19 | Jul 18, 2019 | 0001193125-19-196501 | |
| Q3 FY19 | Apr 24, 2019 | 0001193125-19-117108 | |
| Q2 FY19 | Jan 30, 2019 | 0001193125-19-022553 | |
| Q1 FY19 | Oct 24, 2018 | 0001193125-18-306365 | |
| Q4 FY18 | Jul 19, 2018 | 0001193125-18-221458 | |
| Q3 FY18 | Apr 26, 2018 | 0001193125-18-134732 | |
| Q2 FY18 | Jan 31, 2018 | 0001193125-18-027377 | |
| Q1 FY18 | Oct 26, 2017 | 0001193125-17-321202 | |
| Q4 FY17 | Jul 20, 2017 | 0001193125-17-232047 | |
| Q3 FY17 | Apr 27, 2017 | 0001193125-17-142963 | |
| Q2 FY17 | Jan 26, 2017 | 0001193125-17-019726 | |
| Q1 FY17 | Oct 20, 2016 | 0001193125-16-742793 | |
| Q4 FY16 | Jul 19, 2016 | 0001193125-16-651176 | |
| Q3 FY16 | Apr 21, 2016 | 0001193125-16-550250 | |
| Q2 FY16 | Jan 28, 2016 | 0001193125-16-441813 | |
| Q1 FY16 | Oct 22, 2015 | 0001193125-15-350712 | |
| Q4 FY15 | Jul 21, 2015 | 0001193125-15-258359 | |
| Q3 FY15 | Apr 23, 2015 | 0001193125-15-144132 | |
| Q2 FY15 | Jan 26, 2015 | 0001193125-15-020342 | |
| Q1 FY15 | Oct 23, 2014 | 0001193125-14-380219 | |
| Q4 FY14 | Jul 22, 2014 | 0001193125-14-275529 | |
| Q3 FY14 | Apr 24, 2014 | 0001193125-14-157077 | |
| Q2 FY14 | Jan 23, 2014 | 0001193125-14-018629 | |
| Q1 FY14 | Oct 24, 2013 | 0001193125-13-409837 | |
| Q4 FY13 | Jul 18, 2013 | 0001193125-13-294305 | |
| Q3 FY13 | Apr 18, 2013 | 0001193125-13-160734 | |
| Q2 FY13 | Jan 24, 2013 | 0001193125-13-022190 | |
| Q1 FY13 | Oct 18, 2012 | 0001193125-12-427207 | |
| Q4 FY12 | Jul 19, 2012 | 0001193125-12-307447 | |
| Q3 FY12 | Apr 19, 2012 | 0001193125-12-170657 | |
| Q2 FY12 | Jan 19, 2012 | 0001193125-12-017015 | |
| Q1 FY12 | Oct 20, 2011 | 0001193125-11-276018 | |
| Q4 FY11 | Jul 21, 2011 | 0001193125-11-193631 | |
| Q3 FY11 | Apr 28, 2011 | 0001193125-11-115162 | |
| Q2 FY11 | Jan 27, 2011 | 0001193125-11-015944 | |
| Q1 FY11 | Oct 28, 2010 | 0001193125-10-239800 | |
| Q4 FY10 | Jul 22, 2010 | 0001193125-10-163839 | |
| Q3 FY10 | Apr 22, 2010 | 0001193125-10-090109 | |
| Q2 FY10 | Jan 28, 2010 | 0001193125-10-015589 | |
| Q1 FY10 | Oct 23, 2009 | 0001193125-09-212453 | |
| Q4 FY09 | Jul 23, 2009 | 0001193125-09-154028 | |
| Q3 FY09 | Apr 23, 2009 | 0001193125-09-085785 | |
| Q2 FY09 | Jan 22, 2009 | 0001193125-09-009388 | |
| Q1 FY09 | Oct 23, 2008 | 0001193125-08-215209 |
Net income chart and table
Net income: $36.6B in Q1 FY27, with 3 loss quarters in 73
Microsoft quarterly net income chart, Q1 FY09 to Q1 FY27
Bars from zero; a loss quarter is drawn below the line.
- Net income
- Net loss
- Q1 FY27
| Quarter | Ended | Net income | Net margin |
|---|---|---|---|
| Q1 FY27Sep 30, 2026 | Sep 30, 2026 | $36,629M | 39.7% |
| Q4 FY26dJun 30, 2026 | Jun 30, 2026 | $35,766M | 39.7% |
| Q3 FY26Mar 31, 2026 | Mar 31, 2026 | $31,778M | 38.3% |
| Q2 FY26Dec 31, 2025 | Dec 31, 2025 | $38,458M | 47.3% |
| Q1 FY26Sep 30, 2025 | Sep 30, 2025 | $27,747M | 35.7% |
| Q4 FY25dJun 30, 2025 | Jun 30, 2025 | $27,233M | 35.6% |
| Q3 FY25Mar 31, 2025 | Mar 31, 2025 | $25,824M | 36.9% |
| Q2 FY25Dec 31, 2024 | Dec 31, 2024 | $24,108M | 34.6% |
| Q1 FY25Sep 30, 2024 | Sep 30, 2024 | $24,667M | 37.6% |
| Q4 FY24dJun 30, 2024 | Jun 30, 2024 | $22,036M | 34.0% |
| Q3 FY24Mar 31, 2024 | Mar 31, 2024 | $21,939M | 35.5% |
| Q2 FY24Dec 31, 2023 | Dec 31, 2023 | $21,870M | 35.3% |
Show all 73 quarters (back to Q1 FY09)
| Quarter | Ended | Net income | Net margin |
|---|---|---|---|
| Q1 FY24Sep 30, 2023 | Sep 30, 2023 | $22,291M | 39.4% |
| Q4 FY23dJun 30, 2023 | Jun 30, 2023 | $20,081M | 35.7% |
| Q3 FY23Mar 31, 2023 | Mar 31, 2023 | $18,299M | 34.6% |
| Q2 FY23Dec 31, 2022 | Dec 31, 2022 | $16,425M | 31.1% |
| Q1 FY23Sep 30, 2022 | Sep 30, 2022 | $17,556M | 35.0% |
| Q4 FY22dJun 30, 2022 | Jun 30, 2022 | $16,740M | 32.3% |
| Q3 FY22Mar 31, 2022 | Mar 31, 2022 | $16,728M | 33.9% |
| Q2 FY22Dec 31, 2021 | Dec 31, 2021 | $18,765M | 36.3% |
| Q1 FY22Sep 30, 2021 | Sep 30, 2021 | $20,505M | 45.2% |
| Q4 FY21dJun 30, 2021 | Jun 30, 2021 | $16,458M | 35.7% |
| Q3 FY21Mar 31, 2021 | Mar 31, 2021 | $15,457M | 37.1% |
| Q2 FY21Dec 31, 2020 | Dec 31, 2020 | $15,463M | 35.9% |
| Q1 FY21Sep 30, 2020 | Sep 30, 2020 | $13,893M | 37.4% |
| Q4 FY20Jun 30, 2020 | Jun 30, 2020 | $11,202M | 29.5% |
| Q3 FY20Mar 31, 2020 | Mar 31, 2020 | $10,752M | 30.7% |
| Q2 FY20Dec 31, 2019 | Dec 31, 2019 | $11,649M | 31.6% |
| Q1 FY20Sep 30, 2019 | Sep 30, 2019 | $10,678M | 32.3% |
| Q4 FY19Jun 30, 2019 | Jun 30, 2019 | $13,187M | 39.1% |
| Q3 FY19Mar 31, 2019 | Mar 31, 2019 | $8,809M | 28.8% |
| Q2 FY19Dec 31, 2018 | Dec 31, 2018 | $8,420M | 25.9% |
| Q1 FY19Sep 30, 2018 | Sep 30, 2018 | $8,824M | 30.3% |
| Q4 FY18Jun 30, 2018 | Jun 30, 2018 | $8,873M | 29.5% |
| Q3 FY18Mar 31, 2018 | Mar 31, 2018 | $7,424M | 27.7% |
| Q2 FY18Dec 31, 2017 | Dec 31, 2017 | negative −$6,302M | negative −21.8% |
| Q1 FY18Sep 30, 2017 | Sep 30, 2017 | $6,576M | 26.8% |
| Q4 FY17Jun 30, 2017 | Jun 30, 2017 | $8,069M | 31.5% |
| Q3 FY17Mar 31, 2017 | Mar 31, 2017 | $5,486M | 23.6% |
| Q2 FY17Dec 31, 2016 | Dec 31, 2016 | $6,267M | 24.3% |
| Q1 FY17Sep 30, 2016 | Sep 30, 2016 | $5,667M | 25.8% |
| Q4 FY16Jun 30, 2016 | Jun 30, 2016 | $3,122M | 15.1% |
| Q3 FY16Mar 31, 2016 | Mar 31, 2016 | $3,756M | 18.3% |
| Q2 FY16Dec 31, 2015 | Dec 31, 2015 | $5,018M | 21.1% |
| Q1 FY16Sep 30, 2015 | Sep 30, 2015 | $4,902M | 24.1% |
| Q4 FY15Jun 30, 2015 | Jun 30, 2015 | negative −$3,195M | negative −14.4% |
| Q3 FY15Mar 31, 2015 | Mar 31, 2015 | $4,985M | 22.9% |
| Q2 FY15Dec 31, 2014 | Dec 31, 2014 | $5,863M | 22.1% |
| Q1 FY15Sep 30, 2014 | Sep 30, 2014 | $4,540M | 19.6% |
| Q4 FY14Jun 30, 2014 | Jun 30, 2014 | $4,612M | 19.7% |
| Q3 FY14Mar 31, 2014 | Mar 31, 2014 | $5,660M | 27.7% |
| Q2 FY14Dec 31, 2013 | Dec 31, 2013 | $6,558M | 26.7% |
| Q1 FY14Sep 30, 2013 | Sep 30, 2013 | $5,244M | 28.3% |
| Q4 FY13Jun 30, 2013 | Jun 30, 2013 | $4,965M | 25.0% |
| Q3 FY13Mar 31, 2013 | Mar 31, 2013 | $6,055M | 29.6% |
| Q2 FY13Dec 31, 2012 | Dec 31, 2012 | $6,377M | 29.7% |
| Q1 FY13Sep 30, 2012 | Sep 30, 2012 | $4,466M | 27.9% |
| Q4 FY12Jun 30, 2012 | Jun 30, 2012 | negative −$492M | negative −2.7% |
| Q3 FY12Mar 31, 2012 | Mar 31, 2012 | $5,108M | 29.3% |
| Q2 FY12Dec 31, 2011 | Dec 31, 2011 | $6,624M | 31.7% |
| Q1 FY12Sep 30, 2011 | Sep 30, 2011 | $5,738M | 33.0% |
| Q4 FY11Jun 30, 2011 | Jun 30, 2011 | $5,874M | 33.8% |
| Q3 FY11Mar 31, 2011 | Mar 31, 2011 | $5,232M | 31.8% |
| Q2 FY11Dec 31, 2010 | Dec 31, 2010 | $6,634M | 33.2% |
| Q1 FY11Sep 30, 2010 | Sep 30, 2010 | $5,410M | 33.4% |
| Q4 FY10Jun 30, 2010 | Jun 30, 2010 | $4,518M | 28.2% |
| Q3 FY10Mar 31, 2010 | Mar 31, 2010 | $4,006M | 27.6% |
| Q2 FY10Dec 31, 2009 | Dec 31, 2009 | $6,662M | 35.0% |
| Q1 FY10Sep 30, 2009 | Sep 30, 2009 | $3,574M | 27.7% |
| Q4 FY09Jun 30, 2009 | Jun 30, 2009 | $3,045M | 23.2% |
| Q3 FY09Mar 31, 2009 | Mar 31, 2009 | $2,977M | 21.8% |
| Q2 FY09Dec 31, 2008 | Dec 31, 2008 | $4,174M | 25.1% |
| Q1 FY09Sep 30, 2008 | Sep 30, 2008 | $4,373M | 29.0% |
Diluted EPS chart and table
Diluted EPS: $4.92 in Q1 FY27
Microsoft diluted EPS chart, Q1 FY09 to Q1 FY27
Latest-filed value for each quarter, as reported by the company. Fourth-quarter EPS is shown only when printed in a filing.
| Quarter | Ended | Diluted EPS |
|---|---|---|
| Q1 FY27Sep 30, 2026 | Sep 30, 2026 | $4.92 |
| Q4 FY26dJun 30, 2026 | Jun 30, 2026 | n/a (not printed in a filing; never derived) |
| Q3 FY26Mar 31, 2026 | Mar 31, 2026 | $4.27 |
| Q2 FY26Dec 31, 2025 | Dec 31, 2025 | $5.16 |
| Q1 FY26Sep 30, 2025 | Sep 30, 2025 | $3.72 |
| Q4 FY25dJun 30, 2025 | Jun 30, 2025 | n/a (not printed in a filing; never derived) |
| Q3 FY25Mar 31, 2025 | Mar 31, 2025 | $3.46 |
| Q2 FY25Dec 31, 2024 | Dec 31, 2024 | $3.23 |
| Q1 FY25Sep 30, 2024 | Sep 30, 2024 | $3.30 |
| Q4 FY24dJun 30, 2024 | Jun 30, 2024 | n/a (not printed in a filing; never derived) |
| Q3 FY24Mar 31, 2024 | Mar 31, 2024 | $2.94 |
| Q2 FY24Dec 31, 2023 | Dec 31, 2023 | $2.93 |
Show all 73 quarters (back to Q1 FY09)
| Quarter | Ended | Diluted EPS |
|---|---|---|
| Q1 FY24Sep 30, 2023 | Sep 30, 2023 | $2.99 |
| Q4 FY23dJun 30, 2023 | Jun 30, 2023 | n/a (not printed in a filing; never derived) |
| Q3 FY23Mar 31, 2023 | Mar 31, 2023 | $2.45 |
| Q2 FY23Dec 31, 2022 | Dec 31, 2022 | $2.20 |
| Q1 FY23Sep 30, 2022 | Sep 30, 2022 | $2.35 |
| Q4 FY22dJun 30, 2022 | Jun 30, 2022 | n/a (not printed in a filing; never derived) |
| Q3 FY22Mar 31, 2022 | Mar 31, 2022 | $2.22 |
| Q2 FY22Dec 31, 2021 | Dec 31, 2021 | $2.48 |
| Q1 FY22Sep 30, 2021 | Sep 30, 2021 | $2.71 |
| Q4 FY21dJun 30, 2021 | Jun 30, 2021 | n/a (not printed in a filing; never derived) |
| Q3 FY21Mar 31, 2021 | Mar 31, 2021 | $2.03 |
| Q2 FY21Dec 31, 2020 | Dec 31, 2020 | $2.03 |
| Q1 FY21Sep 30, 2020 | Sep 30, 2020 | $1.82 |
| Q4 FY20Jun 30, 2020 | Jun 30, 2020 | n/a (not printed in a filing; never derived) |
| Q3 FY20Mar 31, 2020 | Mar 31, 2020 | $1.40 |
| Q2 FY20Dec 31, 2019 | Dec 31, 2019 | $1.51 |
| Q1 FY20Sep 30, 2019 | Sep 30, 2019 | $1.38 |
| Q4 FY19Jun 30, 2019 | Jun 30, 2019 | n/a (not printed in a filing; never derived) |
| Q3 FY19Mar 31, 2019 | Mar 31, 2019 | $1.14 |
| Q2 FY19Dec 31, 2018 | Dec 31, 2018 | $1.08 |
| Q1 FY19Sep 30, 2018 | Sep 30, 2018 | $1.14 |
| Q4 FY18Jun 30, 2018 | Jun 30, 2018 | n/a (not printed in a filing; never derived) |
| Q3 FY18Mar 31, 2018 | Mar 31, 2018 | $0.95 |
| Q2 FY18Dec 31, 2017 | Dec 31, 2017 | negative −$0.82 |
| Q1 FY18Sep 30, 2017 | Sep 30, 2017 | $0.84 |
| Q4 FY17Jun 30, 2017 | Jun 30, 2017 | n/a (not printed in a filing; never derived) |
| Q3 FY17Mar 31, 2017 | Mar 31, 2017 | $0.70 |
| Q2 FY17Dec 31, 2016 | Dec 31, 2016 | $0.80 |
| Q1 FY17Sep 30, 2016 | Sep 30, 2016 | $0.72 |
| Q4 FY16Jun 30, 2016 | Jun 30, 2016 | n/a (not printed in a filing; never derived) |
| Q3 FY16Mar 31, 2016 | Mar 31, 2016 | $0.47 |
| Q2 FY16Dec 31, 2015 | Dec 31, 2015 | $0.62 |
| Q1 FY16Sep 30, 2015 | Sep 30, 2015 | $0.61 |
| Q4 FY15Jun 30, 2015 | Jun 30, 2015 | n/a (not printed in a filing; never derived) |
| Q3 FY15Mar 31, 2015 | Mar 31, 2015 | $0.61 |
| Q2 FY15Dec 31, 2014 | Dec 31, 2014 | $0.71 |
| Q1 FY15Sep 30, 2014 | Sep 30, 2014 | $0.54 |
| Q4 FY14Jun 30, 2014 | Jun 30, 2014 | n/a (not printed in a filing; never derived) |
| Q3 FY14Mar 31, 2014 | Mar 31, 2014 | $0.68 |
| Q2 FY14Dec 31, 2013 | Dec 31, 2013 | $0.78 |
| Q1 FY14Sep 30, 2013 | Sep 30, 2013 | $0.62 |
| Q4 FY13Jun 30, 2013 | Jun 30, 2013 | n/a (not printed in a filing; never derived) |
| Q3 FY13Mar 31, 2013 | Mar 31, 2013 | $0.72 |
| Q2 FY13Dec 31, 2012 | Dec 31, 2012 | $0.76 |
| Q1 FY13Sep 30, 2012 | Sep 30, 2012 | $0.53 |
| Q4 FY12Jun 30, 2012 | Jun 30, 2012 | n/a (not printed in a filing; never derived) |
| Q3 FY12Mar 31, 2012 | Mar 31, 2012 | $0.60 |
| Q2 FY12Dec 31, 2011 | Dec 31, 2011 | $0.78 |
| Q1 FY12Sep 30, 2011 | Sep 30, 2011 | $0.68 |
| Q4 FY11Jun 30, 2011 | Jun 30, 2011 | n/a (not printed in a filing; never derived) |
| Q3 FY11Mar 31, 2011 | Mar 31, 2011 | $0.61 |
| Q2 FY11Dec 31, 2010 | Dec 31, 2010 | $0.77 |
| Q1 FY11Sep 30, 2010 | Sep 30, 2010 | $0.62 |
| Q4 FY10Jun 30, 2010 | Jun 30, 2010 | n/a (not printed in a filing; never derived) |
| Q3 FY10Mar 31, 2010 | Mar 31, 2010 | $0.45 |
| Q2 FY10Dec 31, 2009 | Dec 31, 2009 | $0.74 |
| Q1 FY10Sep 30, 2009 | Sep 30, 2009 | $0.40 |
| Q4 FY09Jun 30, 2009 | Jun 30, 2009 | n/a (not printed in a filing; never derived) |
| Q3 FY09Mar 31, 2009 | Mar 31, 2009 | $0.33 |
| Q2 FY09Dec 31, 2008 | Dec 31, 2008 | $0.47 |
| Q1 FY09Sep 30, 2008 | Sep 30, 2008 | $0.48 |
18 of 73 quarters have no diluted EPS value, shown as n/a (fourth-quarter EPS not printed in a quarterly filing: 18).
Net margin chart and table
Net margin ranged from −21.8% (Q2 FY18) to 47.3% (Q2 FY26)
Microsoft quarterly net margin chart, Q1 FY09 to Q1 FY27
Net income as a share of revenue; bars from zero.
| Quarter | Ended | Net margin | Revenue | Net income |
|---|---|---|---|---|
| Q1 FY27Sep 30, 2026 | Sep 30, 2026 | 39.7% | $92,279M | $36,629M |
| Q4 FY26dJun 30, 2026 | Jun 30, 2026 | 39.7% | $90,007M | $35,766M |
| Q3 FY26Mar 31, 2026 | Mar 31, 2026 | 38.3% | $82,886M | $31,778M |
| Q2 FY26Dec 31, 2025 | Dec 31, 2025 | 47.3% | $81,273M | $38,458M |
| Q1 FY26Sep 30, 2025 | Sep 30, 2025 | 35.7% | $77,673M | $27,747M |
| Q4 FY25dJun 30, 2025 | Jun 30, 2025 | 35.6% | $76,441M | $27,233M |
| Q3 FY25Mar 31, 2025 | Mar 31, 2025 | 36.9% | $70,066M | $25,824M |
| Q2 FY25Dec 31, 2024 | Dec 31, 2024 | 34.6% | $69,632M | $24,108M |
| Q1 FY25Sep 30, 2024 | Sep 30, 2024 | 37.6% | $65,585M | $24,667M |
| Q4 FY24dJun 30, 2024 | Jun 30, 2024 | 34.0% | $64,727M | $22,036M |
| Q3 FY24Mar 31, 2024 | Mar 31, 2024 | 35.5% | $61,858M | $21,939M |
| Q2 FY24Dec 31, 2023 | Dec 31, 2023 | 35.3% | $62,020M | $21,870M |
Show all 73 quarters (back to Q1 FY09)
| Quarter | Ended | Net margin | Revenue | Net income |
|---|---|---|---|---|
| Q1 FY24Sep 30, 2023 | Sep 30, 2023 | 39.4% | $56,517M | $22,291M |
| Q4 FY23dJun 30, 2023 | Jun 30, 2023 | 35.7% | $56,189M | $20,081M |
| Q3 FY23Mar 31, 2023 | Mar 31, 2023 | 34.6% | $52,857M | $18,299M |
| Q2 FY23Dec 31, 2022 | Dec 31, 2022 | 31.1% | $52,747M | $16,425M |
| Q1 FY23Sep 30, 2022 | Sep 30, 2022 | 35.0% | $50,122M | $17,556M |
| Q4 FY22dJun 30, 2022 | Jun 30, 2022 | 32.3% | $51,865M | $16,740M |
| Q3 FY22Mar 31, 2022 | Mar 31, 2022 | 33.9% | $49,360M | $16,728M |
| Q2 FY22Dec 31, 2021 | Dec 31, 2021 | 36.3% | $51,728M | $18,765M |
| Q1 FY22Sep 30, 2021 | Sep 30, 2021 | 45.2% | $45,317M | $20,505M |
| Q4 FY21dJun 30, 2021 | Jun 30, 2021 | 35.7% | $46,152M | $16,458M |
| Q3 FY21Mar 31, 2021 | Mar 31, 2021 | 37.1% | $41,706M | $15,457M |
| Q2 FY21Dec 31, 2020 | Dec 31, 2020 | 35.9% | $43,076M | $15,463M |
| Q1 FY21Sep 30, 2020 | Sep 30, 2020 | 37.4% | $37,154M | $13,893M |
| Q4 FY20Jun 30, 2020 | Jun 30, 2020 | 29.5% | $38,033M | $11,202M |
| Q3 FY20Mar 31, 2020 | Mar 31, 2020 | 30.7% | $35,021M | $10,752M |
| Q2 FY20Dec 31, 2019 | Dec 31, 2019 | 31.6% | $36,906M | $11,649M |
| Q1 FY20Sep 30, 2019 | Sep 30, 2019 | 32.3% | $33,055M | $10,678M |
| Q4 FY19Jun 30, 2019 | Jun 30, 2019 | 39.1% | $33,717M | $13,187M |
| Q3 FY19Mar 31, 2019 | Mar 31, 2019 | 28.8% | $30,571M | $8,809M |
| Q2 FY19Dec 31, 2018 | Dec 31, 2018 | 25.9% | $32,471M | $8,420M |
| Q1 FY19Sep 30, 2018 | Sep 30, 2018 | 30.3% | $29,084M | $8,824M |
| Q4 FY18Jun 30, 2018 | Jun 30, 2018 | 29.5% | $30,085M | $8,873M |
| Q3 FY18Mar 31, 2018 | Mar 31, 2018 | 27.7% | $26,819M | $7,424M |
| Q2 FY18Dec 31, 2017 | Dec 31, 2017 | negative −21.8% | $28,918M | negative −$6,302M |
| Q1 FY18Sep 30, 2017 | Sep 30, 2017 | 26.8% | $24,538M | $6,576M |
| Q4 FY17Jun 30, 2017 | Jun 30, 2017 | 31.5% | $25,605M | $8,069M |
| Q3 FY17Mar 31, 2017 | Mar 31, 2017 | 23.6% | $23,212M | $5,486M |
| Q2 FY17Dec 31, 2016 | Dec 31, 2016 | 24.3% | $25,826M | $6,267M |
| Q1 FY17Sep 30, 2016 | Sep 30, 2016 | 25.8% | $21,928M | $5,667M |
| Q4 FY16Jun 30, 2016 | Jun 30, 2016 | 15.1% | $20,614M | $3,122M |
| Q3 FY16Mar 31, 2016 | Mar 31, 2016 | 18.3% | $20,531M | $3,756M |
| Q2 FY16Dec 31, 2015 | Dec 31, 2015 | 21.1% | $23,796M | $5,018M |
| Q1 FY16Sep 30, 2015 | Sep 30, 2015 | 24.1% | $20,379M | $4,902M |
| Q4 FY15Jun 30, 2015 | Jun 30, 2015 | negative −14.4% | $22,180M | negative −$3,195M |
| Q3 FY15Mar 31, 2015 | Mar 31, 2015 | 22.9% | $21,729M | $4,985M |
| Q2 FY15Dec 31, 2014 | Dec 31, 2014 | 22.1% | $26,470M | $5,863M |
| Q1 FY15Sep 30, 2014 | Sep 30, 2014 | 19.6% | $23,201M | $4,540M |
| Q4 FY14Jun 30, 2014 | Jun 30, 2014 | 19.7% | $23,382M | $4,612M |
| Q3 FY14Mar 31, 2014 | Mar 31, 2014 | 27.7% | $20,403M | $5,660M |
| Q2 FY14Dec 31, 2013 | Dec 31, 2013 | 26.7% | $24,519M | $6,558M |
| Q1 FY14Sep 30, 2013 | Sep 30, 2013 | 28.3% | $18,529M | $5,244M |
| Q4 FY13Jun 30, 2013 | Jun 30, 2013 | 25.0% | $19,896M | $4,965M |
| Q3 FY13Mar 31, 2013 | Mar 31, 2013 | 29.6% | $20,489M | $6,055M |
| Q2 FY13Dec 31, 2012 | Dec 31, 2012 | 29.7% | $21,456M | $6,377M |
| Q1 FY13Sep 30, 2012 | Sep 30, 2012 | 27.9% | $16,008M | $4,466M |
| Q4 FY12Jun 30, 2012 | Jun 30, 2012 | negative −2.7% | $18,059M | negative −$492M |
| Q3 FY12Mar 31, 2012 | Mar 31, 2012 | 29.3% | $17,407M | $5,108M |
| Q2 FY12Dec 31, 2011 | Dec 31, 2011 | 31.7% | $20,885M | $6,624M |
| Q1 FY12Sep 30, 2011 | Sep 30, 2011 | 33.0% | $17,372M | $5,738M |
| Q4 FY11Jun 30, 2011 | Jun 30, 2011 | 33.8% | $17,367M | $5,874M |
| Q3 FY11Mar 31, 2011 | Mar 31, 2011 | 31.8% | $16,428M | $5,232M |
| Q2 FY11Dec 31, 2010 | Dec 31, 2010 | 33.2% | $19,953M | $6,634M |
| Q1 FY11Sep 30, 2010 | Sep 30, 2010 | 33.4% | $16,195M | $5,410M |
| Q4 FY10Jun 30, 2010 | Jun 30, 2010 | 28.2% | $16,039M | $4,518M |
| Q3 FY10Mar 31, 2010 | Mar 31, 2010 | 27.6% | $14,503M | $4,006M |
| Q2 FY10Dec 31, 2009 | Dec 31, 2009 | 35.0% | $19,022M | $6,662M |
| Q1 FY10Sep 30, 2009 | Sep 30, 2009 | 27.7% | $12,920M | $3,574M |
| Q4 FY09Jun 30, 2009 | Jun 30, 2009 | 23.2% | $13,099M | $3,045M |
| Q3 FY09Mar 31, 2009 | Mar 31, 2009 | 21.8% | $13,648M | $2,977M |
| Q2 FY09Dec 31, 2008 | Dec 31, 2008 | 25.1% | $16,629M | $4,174M |
| Q1 FY09Sep 30, 2008 | Sep 30, 2008 | 29.0% | $15,061M | $4,373M |
Annual totals from each 10-K
Annual revenue: $110,360M in fiscal 2018, $331,839M in fiscal 2026
| Fiscal year | Ended | Revenue | Net income | Diluted EPS |
|---|---|---|---|---|
| FY2026 | Jun 30, 2026 | $331,839M | $133,749M | $17.95 |
| FY2025 | Jun 30, 2025 | $281,724M | $101,832M | $13.64 |
| FY2024 | Jun 30, 2024 | $245,122M | $88,136M | $11.80 |
| FY2023 | Jun 30, 2023 | $211,915M | $72,361M | $9.68 |
| FY2022 | Jun 30, 2022 | $198,270M | $72,738M | $9.65 |
| FY2021 | Jun 30, 2021 | $168,088M | $61,271M | $8.05 |
| FY2020 | Jun 30, 2020 | $143,015M | $44,281M | $5.76 |
| FY2019 | Jun 30, 2019 | $125,843M | $39,240M | $5.06 |
| FY2018 | Jun 30, 2018 | $110,360M | $16,571M | $2.13 |
| FY2017 | Jun 30, 2017 | $96,571M | $25,489M | $3.25 |
| FY2016 | Jun 30, 2016 | $91,154M | $20,539M | $2.56 |
| FY2015 | Jun 30, 2015 | $93,580M | $12,193M | $1.48 |
| FY2014 | Jun 30, 2014 | $86,833M | $22,074M | $2.63 |
| FY2013 | Jun 30, 2013 | $77,849M | $21,863M | $2.58 |
| FY2012 | Jun 30, 2012 | $73,723M | $16,978M | $2.00 |
| FY2011 | Jun 30, 2011 | $69,943M | $23,150M | $2.69 |
| FY2010 | Jun 30, 2010 | $62,484M | $18,760M | $2.10 |
| FY2009 | Jun 30, 2009 | $58,437M | $14,569M | $1.62 |
| FY2008 | Jun 30, 2008 | $60,420M | $17,681M | $1.87 |
Bottom line
In Q1 FY27, the newest of 73 quarters on record, Microsoft reported revenue of $92,279M, +18.8% on a year earlier. That is the highest of the 41 comparable quarters since Q1 FY17, a revenue record for that run.
Questions
What does the MSFT earnings history cover?
It covers 73 reported quarters of Microsoft, from Q1 FY09 to Q1 FY27: revenue, net income, diluted EPS and margin for each, plus annual totals for fiscal 2008 through 2026. 41 of them form the like-for-like run used for records and streaks; the other 32 stay in the table but sit outside it because the company restated its figures on a new basis.
What was MSFT's earnings per share in the latest quarter?
Diluted EPS for Q1 FY27 was $4.92, a GAAP figure, on net income of $36,629M. For fiscal 2026 as a whole, diluted EPS was $17.95.
Where can I find the MSFT earnings report?
Quarter rows in the MSFT table link to their own pages when one exists, and every figure on those pages links to the filing it came from. The newest Microsoft quarter, Q1 FY27, is covered on its own page: MSFT Q1 FY27.
When were the past MSFT earnings releases?
The latest was accepted on Oct 28, 2026 4:04 PM ET for Q1 FY27; the one before it on Jul 29, 2026 4:04 PM ET for Q4 FY26. Only past filings are listed; no future dates are shown. The release before those two came on Apr 29, 2026 4:03 PM ET.
Keep reading
Sources and method
Source: company filings on SEC EDGAR (10-Q, 10-K and Form 8-K); every figure in the tables carries the accession number of its filing. The newest rows come from:
Method: records and streaks use only the unbroken like-for-like run of quarters.
Year-over-year change is calculated for 13-week quarters only; restated periods use the latest-filed value.