Microsoft Corporation (MSFT)

Microsoft Balance Sheet

Financials in millions USD. Fiscal year is July - June.

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020
Cash & Equivalents	28,849	30,242	28,828	17,482	20,840	18,315	19,634	17,305	80,452	34,704	26,562	15,646	22,884	13,931	12,498	20,604	19,165	14,224	13,702	14,432
Short-Term Investments	73,163	64,323	50,790	54,073	57,588	57,228	60,379	63,677	63,493	76,552	77,857	83,849	84,360	90,818	92,162	104,744	111,419	116,032	111,311	117,557
Cash & Short-Term Investments	102,012	94,565	79,618	71,555	78,428	75,543	80,013	80,982	143,945	111,256	104,419	99,495	107,244	104,749	104,660	125,348	130,584	130,256	125,013	131,989
Cash Growth	30.07%	25.18%	-0.49%	-11.64%	-45.52%	-32.10%	-23.37%	-18.61%	34.22%	6.21%	-0.23%	-20.63%	-17.87%	-19.58%	-16.28%	-5.03%	-5.34%	-4.57%	-9.18%	-1.67%
Accounts Receivable	52,894	69,905	51,700	48,188	44,148	56,924	44,029	42,831	36,953	48,688	36,703	35,833	31,279	44,261	32,613	33,520	27,349	38,043	26,322	27,312
Other Receivables	14,400	8,200	10,800	11,400	11,400	10,500	10,100	8,800	10,200	9,200	717	-	-	6,100	-	-	-	-	-	-
Receivables	67,294	78,105	62,500	59,588	55,548	67,424	54,129	51,631	47,153	57,888	37,420	35,833	31,279	50,361	32,613	33,520	27,349	38,043	26,322	27,312
Inventory	1,130	938	848	909	1,626	1,246	1,304	1,615	3,000	2,500	2,877	2,980	4,268	3,742	3,296	3,019	3,411	2,636	2,245	1,924
Other Current Assets	18,630	17,523	13,678	15,028	14,324	15,521	11,734	13,165	13,488	12,613	19,173	19,515	18,021	10,832	13,353	12,301	12,982	13,471	12,034	12,748
Total Current Assets	189,066	191,131	156,644	147,080	149,926	159,734	147,180	147,393	207,586	184,257	163,889	157,823	160,812	169,684	153,922	174,188	174,326	184,406	165,614	173,973
Property, Plant & Equipment	255,652	229,789	208,414	189,718	173,391	154,552	138,746	128,706	117,937	109,987	102,011	96,379	90,384	87,546	83,214	79,568	75,347	70,803	65,618	62,035
Long-Term Investments	10,283	15,405	15,762	15,581	15,778	14,600	14,807	13,367	11,423	9,879	9,415	7,097	6,839	6,891	6,907	6,994	6,393	5,984	5,395	3,794
Goodwill	119,497	119,509	119,329	119,191	119,374	119,220	119,163	118,931	67,790	67,886	67,940	67,905	67,459	67,524	67,371	50,921	50,455	49,711	49,698	44,219
Other Intangible Assets	21,236	22,604	23,968	25,385	26,751	27,597	28,828	29,896	8,895	9,366	9,879	10,354	10,808	11,298	11,348	7,462	7,794	7,800	8,127	6,555
Long-Term Accounts Receivable	5,000	5,200	4,900	4,900	4,800	4,900	4,800	4,800	4,500	4,500	4,300	3,100	3,800	3,800	3,600	3,500	3,400	3,400	2,800	2,900
Long-Term Deferred Tax Assets	-	29,108	-	-	-	22,270	-	-	-	20,163	-	-	-	13,515	-	-	-	7,181	-	-
Other Long-Term Assets	35,617	6,257	33,607	32,043	32,993	9,290	30,751	27,465	27,654	5,938	22,654	21,894	19,682	4,582	18,245	17,756	17,703	4,494	11,627	10,661
Total Assets	636,351	619,003	562,624	533,898	523,013	512,163	484,275	470,558	445,785	411,976	380,088	364,552	359,784	364,840	344,607	340,389	335,418	333,779	308,879	304,137
Accounts Payable	32,580	27,724	26,250	22,608	22,768	21,996	18,087	17,695	19,307	18,095	15,305	15,354	16,609	19,000	16,085	15,314	14,832	15,163	13,412	12,770
Accrued Expenses	9,201	13,709	10,579	9,176	8,326	12,564	10,432	8,813	6,990	11,009	10,411	9,030	7,405	10,661	9,067	7,782	6,894	10,057	8,032	6,838
Short-Term Debt	-	-	-	-	-	6,693	20,535	27,041	25,808	-	-	-	-	-	-	-	-	-	-	-
Current Portion of Long-Term Debt	7,832	2,999	2,999	5,248	2,249	2,249	2,249	2,250	3,748	5,247	6,245	3,997	3,248	2,749	1,749	4,998	3,249	8,072	8,051	5,387
Current Portion of Leases	8,820	8,596	8,127	7,281	6,513	5,929	5,282	4,478	4,115	3,606	3,480	3,392	3,279	3,288	3,147	3,070	2,931	2,753	2,629	2,565
Current Income Taxes Payable	3,655	7,211	6,805	6,056	9,717	5,017	7,311	5,787	8,035	4,152	4,163	3,553	6,729	4,067	4,646	3,731	6,272	2,174	2,165	1,562
Current Unearned Revenue	58,987	64,555	44,636	45,508	53,026	57,582	41,888	43,068	46,429	50,901	36,903	36,982	41,340	45,538	34,027	34,001	38,465	41,525	30,083	30,402
Other Current Liabilities	13,921	16,424	14,810	13,005	12,601	13,256	12,741	11,884	10,360	11,139	9,184	9,410	8,779	9,779	8,718	8,614	7,885	8,913	7,821	7,962
Total Current Liabilities	134,996	141,218	114,206	108,882	115,200	125,286	118,525	121,016	124,792	104,149	85,691	81,718	87,389	95,082	77,439	77,510	80,528	88,657	72,193	67,486
Long-Term Debt	35,376	40,152	39,882	39,722	42,868	42,688	42,658	44,928	41,946	41,990	41,965	44,119	45,374	47,032	48,177	48,260	50,039	50,074	50,007	55,136
Long-Term Leases	68,347	60,437	54,011	50,658	45,208	40,293	35,505	32,661	30,064	28,598	27,622	26,477	25,235	25,331	24,908	24,025	22,716	21,379	20,573	19,694
Long-Term Unearned Revenue	2,546	2,710	2,840	2,537	2,663	2,602	2,945	2,966	2,759	2,912	2,698	2,644	2,549	2,870	2,769	2,768	2,550	2,616	2,631	2,985
Long-Term Deferred Tax Liabilities	2,852	2,835	2,522	2,513	2,581	2,618	2,469	2,548	470	433	302	289	223	230	304	199	212	198	173	174
Other Long-Term Liabilities	29,158	28,172	27,272	26,891	26,770	30,199	29,021	28,171	25,040	27,671	27,127	26,169	25,448	27,753	28,086	27,617	27,395	28,867	28,797	28,426
Total Liabilities	273,275	275,524	240,733	231,203	235,290	243,686	231,123	232,290	225,071	205,753	185,405	181,416	186,218	198,298	181,683	180,379	183,440	191,791	174,374	173,901
Common Stock	110,964	109,095	106,965	104,829	102,976	100,923	99,193	97,480	95,508	93,718	92,093	90,225	88,535	86,939	85,767	84,528	83,751	83,111	82,308	81,896
Retained Earnings	254,873	237,731	219,759	203,482	188,929	173,144	159,394	145,737	132,143	118,848	108,234	99,368	92,374	84,281	79,633	75,045	66,944	57,055	50,735	44,973
Comprehensive Income & Other	-2,761	-3,347	-4,833	-5,616	-4,182	-5,590	-5,435	-4,949	-6,937	-6,343	-5,644	-6,457	-7,343	-4,678	-2,476	437	1,283	1,822	1,462	3,367
Shareholders' Equity	363,076	343,479	321,891	302,695	287,723	268,477	253,152	238,268	220,714	206,223	194,683	183,136	173,566	166,542	162,924	160,010	151,978	141,988	134,505	130,236
Total Liabilities & Equity	636,351	619,003	562,624	533,898	523,013	512,163	484,275	470,558	445,785	411,976	380,088	364,552	359,784	364,840	344,607	340,389	335,418	333,779	308,879	304,137
Total Debt	120,375	112,184	105,019	102,909	96,838	97,852	106,229	111,358	105,681	79,441	79,312	77,985	77,136	78,400	77,981	80,353	78,935	82,278	81,260	82,782
Net Cash (Debt)	-18,363	-17,619	-25,401	-31,354	-18,410	-22,309	-26,216	-30,376	38,264	31,815	25,107	21,510	30,108	26,349	26,679	44,995	51,649	47,978	43,753	49,207
Net Cash Growth	-	-	-	-	-	-	-	-	27.09%	20.75%	-5.89%	-52.20%	-41.71%	-45.08%	-39.02%	-8.56%	-5.63%	-11.78%	-18.40%	4.51%
Net Cash Per Share	-2.46	-2.36	-3.40	-4.20	-2.46	-2.99	-3.51	-4.07	5.13	4.26	3.36	2.88	4.02	3.51	3.54	5.96	6.83	6.33	5.76	6.46
Filing Date Shares Outstanding	7,432	7,433	7,433	7,434	7,435	7,433	7,432	7,430	7,432	7,430	7,435	7,444	7,454	7,458	7,479	7,497	7,508	7,515	7,532	7,542
Total Common Shares Outstanding	7,434	7,434	7,434	7,435	7,436	7,434	7,433	7,432	7,431	7,432	7,437	7,447	7,457	7,464	7,483	7,500	7,508	7,519	7,534	7,546
Working Capital	54,070	49,913	42,438	38,198	34,726	34,448	28,655	26,377	82,794	80,108	78,198	76,105	73,423	74,602	76,483	96,678	93,798	95,749	93,421	106,487
Book Value Per Share	48.84	46.20	43.30	40.71	38.69	36.11	34.06	32.06	29.70	27.75	26.18	24.59	23.28	22.31	21.77	21.33	20.24	18.88	17.85	17.26
Tangible Book Value	222,343	201,366	178,594	158,119	141,598	121,660	105,161	89,441	144,029	128,971	116,864	104,877	95,299	87,720	84,205	101,627	93,729	84,477	76,680	79,462
Tangible Book Value Per Share	29.91	27.09	24.02	21.27	19.04	16.37	14.15	12.03	19.38	17.35	15.71	14.08	12.78	11.75	11.25	13.55	12.48	11.24	10.18	10.53
Land	9,450	9,338	-	-	-	8,163	-	-	-	5,683	-	-	-	4,734	-	-	-	3,660	-	-
Buildings	152,433	137,921	-	-	-	93,943	-	-	-	68,465	-	-	-	55,014	-	-	-	43,928	-	-
Machinery	154,248	139,243	-	-	-	100,312	-	-	-	81,207	-	-	-	66,491	-	-	-	56,594	-	-
Leasehold Improvements	13,610	12,117	-	-	-	9,594	-	-	-	8,537	-	-	-	7,819	-	-	-	6,884	-	-

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q