Microsoft Corporation (MSFT)
NASDAQ: MSFT · Real-Time Price · USD
464.72
+13.62 (3.02%)
At close: Jul 31, 2026, 4:00 PM EDT
461.85
-2.87 (-0.62%)
After-hours: Jul 31, 2026, 7:59 PM EDT

Microsoft Cash Flow Statement

Millions USD. Fiscal year is Jul - Jun.

Operating Activities

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period Ending
Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Net Income
133,749101,83288,13672,36172,738
Depreciation & Amortization
38,53429,43320,95813,86114,460
Stock-Based Compensation
12,40511,97410,7349,6117,502
Other Adjustments
3,142-1,727-3,104-5,863-6,111
Change in Receivables
-12,737-10,581-7,191-4,087-6,834
Changes in Inventories
-4613091,2841,242-1,123
Changes in Accounts Payable
5,2685693,545-2,7212,943
Changes in Income Taxes Payable
-1,875-381,687-358696
Changes in Unearned Revenue
9,3615,4385,3485,5355,109
Changes in Other Operating Activities
-4,451-1,047-2,849-1,999-345
Operating Cash Flow
182,935136,162118,54887,58289,035
Operating Cash Flow Growth
34.35%14.86%35.36%-1.63%16.02%

Investing Activities

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period Ending
Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Capital Expenditures
-115,948-64,551-44,477-28,107-23,886
Purchases of Investments
-58,351-29,775-17,732-37,651-26,456
Proceeds from Sale of Investments
56,40325,38835,66947,86444,894
Cash Acquisitions
-1,743-5,978-69,132-1,670-22,038
Other Investing Activities
-19,8612,317-1,298-3,116-2,825
Investing Cash Flow
-139,500-72,599-96,970-22,680-30,311

Financing Activities

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period Ending
Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Short-Term Debt Issued
0-5,7465,25000
Net Short-Term Debt Issued (Repaid)
0-5,7465,25000
Long-Term Debt Issued
0024,39500
Long-Term Debt Repaid
-3,000-3,216-29,070-2,750-9,023
Net Long-Term Debt Issued (Repaid)
-3,000-3,216-4,675-2,750-9,023
Issuance of Common Stock
2,0092,0562,0021,8661,841
Repurchase of Common Stock
-22,271-18,420-17,254-22,245-32,696
Net Common Stock Issued (Repurchased)
-20,262-16,364-15,252-20,379-30,855
Common Dividends Paid
-26,445-24,082-21,771-19,800-18,135
Other Financing Activities
-2,839-2,291-1,309-1,006-863
Financing Cash Flow
-52,546-51,699-37,757-43,935-58,876

Net Cash Flow

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period Ending
Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Foreign Exchange Rate Adjustments
-19663-210-194-141
Net Cash Flow
-9,30711,927-16,38920,773-293

Free Cash Flow

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period Ending
Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Free Cash Flow
66,98771,61174,07159,47565,149
Free Cash Flow Growth
-6.46%-3.32%24.54%-8.71%16.09%
FCF Margin
20.19%25.42%30.22%28.07%32.86%
Free Cash Flow Per Share
8.999.599.927.968.64
Levered Free Cash Flow
61,17762,98374,20757,06461,569
Unlevered Free Cash Flow
55,55575,98274,97859,17670,303
SEC Filings: 10-K · 10-Q