Information Technology · Systems Software
Microsoft: revenue, profit and dividends
In fiscal 2026, Microsoft had revenue of $332B, up 13.8% a year on average since 2016, and net income of $134B (40.3% of revenue). Its dividend per share has gone up 16 years in a row, to $3.64. It has 7% fewer shares than in 2016.
Revenue, fiscal 2026
average annual revenue growth since 2016 · +17.8% vs 2025
- Ticker
- MSFT · Nasdaq
- Sector
- Information Technology
- Sub-industry
- Systems Software
- Headquarters
- Redmond, Washington
- Founded
- 1975
- In the S&P 500 since
- June 1, 1994
- Latest fiscal year
- 2026, ended June 30, 2026
- SEC filer
- Microsoft Corp · CIK 0000789019
Revenue and net income
Revenue went from $60.4B in 2008 to $332B in 2026.
Diluted earnings per share
Diluted EPS went from $1.87 in 2008 to $17.95 in 2026. Ten-year growth: 21.5% a year.
Dividends per share
Raised 16 years in a row, every year from 2011 to 2026. Ten-year growth: 9.7% a year.
Shares outstanding
7.0% fewer shares in 2026 than in 2016 (8.01B → 7.45B): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $67B in 2026, 20.2% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | $332B | $134B | 40.3% | $17.95 | $3.64 | 7.45B | $183B | $116B | $67B |
| 2025 | $282B | $102B | 36.1% | $13.64 | $3.32 | 7.46B | $136B | $64.6B | $71.6B |
| 2024 | $245B | $88.1B | 36.0% | $11.80 | $3.00 | 7.47B | $119B | $44.5B | $74.1B |
| 2023 | $212B | $72.4B | 34.1% | $9.68 | $2.72 | 7.47B | $87.6B | $28.1B | $59.5B |
| 2022 | $198B | $72.7B | 36.7% | $9.65 | $2.48 | 7.54B | $89B | $23.9B | $65.1B |
| 2021 | $168B | $61.3B | 36.5% | $8.05 | $2.24 | 7.61B | $76.7B | $20.6B | $56.1B |
| 2020 | $143B | $44.3B | 31.0% | $5.76 | $2.04 | 7.68B | $60.7B | $15.4B | $45.2B |
| 2019 | $126B | $39.2B | 31.2% | $5.06 | $1.84 | 7.75B | $52.2B | $13.9B | $38.3B |
| 2018 | $110B | $16.6B | 15.0% | $2.13 | $1.68 | 7.79B | $43.9B | $11.6B | $32.3B |
| 2017 | $96.6B | $25.5B | 26.4% | $3.25 | $1.56 | 7.83B | $39.5B | $8.13B | $31.4B |
| 2016 | $91.2B | $20.5B | 22.5% | $2.56 | $1.44 | 8.01B | $33.3B | $8.34B | $25B |
| 2015 | $93.6B | $12.2B | 13.0% | $1.48 | $1.24 | 8.25B | $29.7B | $5.94B | $23.7B |
| 2014 | $86.8B | $22.1B | 25.4% | $2.63 | $1.12 | 8.4B | $32.5B | $5.49B | $27B |
| 2013 | $77.8B | $21.9B | 28.1% | $2.58 | $0.92 | 8.47B | $28.8B | $4.26B | $24.6B |
| 2012 | $73.7B | $17B | 23.0% | $2.00 | $0.80 | 8.51B | $31.6B | $2.31B | $29.3B |
| 2011 | $69.9B | $23.1B | 33.1% | $2.69 | $0.64 | 8.59B | $27B | $2.35B | $24.6B |
| 2010 | $62.5B | $18.8B | 30.0% | $2.10 | $0.52 | 8.93B | $24.1B | $1.98B | $22.1B |
| 2009 | $58.4B | $14.6B | 24.9% | $1.62 | $0.52 | 9.0B | $19B | $3.12B | $15.9B |
| 2008 | $60.4B | $17.7B | 29.3% | $1.87 | $0.44 | 9.47B | $21.6B | $3.18B | $18.4B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Systems Software companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.