Microsoft Corporation (MSFT)
NASDAQ: MSFT · Real-Time Price · USD
411.21
-12.16 (-2.87%)
At close: Feb 3, 2026, 4:00 PM EST
412.10
+0.89 (0.22%)
After-hours: Feb 3, 2026, 7:59 PM EST
Microsoft Cash Flow Statement
Financials in millions USD. Fiscal year is July - June.
Millions USD. Fiscal year is Jul - Jun.
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Net Income | 38,458 | 27,747 | 27,233 | 25,824 | 24,108 | 24,667 | 22,036 | 21,939 | 21,870 | 22,291 | 20,081 | 18,299 | 16,425 | 17,556 | 16,740 | 16,728 | 18,765 | 20,505 | 16,458 | 15,457 |
Depreciation & Amortization | 9,100 | 8,600 | 5,050 | 8,740 | 6,700 | 6,100 | 4,093 | 6,027 | 5,959 | 3,921 | 3,513 | 3,549 | 3,648 | 2,790 | 4,119 | 3,773 | 3,496 | 3,212 | 2,558 | 2,936 |
Loss (Gain) From Sale of Investments | -9,931 | -1,007 | 56 | -298 | 2,136 | -125 | 44 | 49 | 198 | 14 | 44 | -40 | 214 | -22 | 157 | 105 | -307 | -364 | -416 | -351 |
Stock-Based Compensation | 3,219 | 2,983 | 3,073 | 2,980 | 3,089 | 2,832 | 2,696 | 2,703 | 2,828 | 2,507 | 2,416 | 2,465 | 2,538 | 2,192 | 1,997 | 1,906 | 1,897 | 1,702 | 1,571 | 1,525 |
Other Operating Activities | 4,544 | 6,952 | 3,932 | -2,244 | -2,191 | -150 | 1,142 | -1,323 | -1,702 | -568 | -1,527 | -1,675 | -1,305 | -1,191 | 143 | -198 | 183 | -5,970 | 752 | -88 |
Change in Accounts Receivable | -3,436 | 16,490 | -16,179 | -2,461 | -5,978 | 14,037 | -13,246 | -2,028 | -2,951 | 11,034 | -11,244 | -1,408 | -3,164 | 11,729 | -12,634 | 857 | -5,543 | 10,486 | -11,606 | 290 |
Change in Inventory | 70 | -192 | -81 | 52 | 711 | -373 | 55 | 260 | 1,474 | -505 | 374 | 106 | 1,305 | -543 | -461 | -279 | 394 | -777 | -388 | -329 |
Change in Accounts Payable | 1,197 | -614 | -652 | 1,179 | 958 | -916 | 4,204 | 648 | -2,521 | 1,214 | 1,311 | -407 | -2,058 | -1,567 | 2,659 | 520 | 235 | -471 | 1,617 | 833 |
Change in Unearned Revenue | -7,483 | -5,418 | 18,361 | -1,032 | -6,338 | -5,553 | 15,657 | -645 | -5,538 | -4,126 | 14,224 | -181 | -5,186 | -3,322 | 12,546 | -209 | -4,343 | -2,885 | 11,397 | -473 |
Change in Income Taxes | -920 | -2,944 | 1,043 | 1,298 | -3,395 | 1,016 | -806 | 2,622 | -1,554 | 1,425 | 681 | 1,414 | -2,863 | 410 | -991 | 1,091 | -2,057 | 2,653 | -32 | 1,074 |
Change in Other Net Operating Assets | 940 | -7,540 | 811 | 3,006 | 2,491 | -7,355 | 1,320 | 1,665 | 790 | -6,624 | -1,103 | 2,319 | 1,619 | -4,834 | 354 | 1,092 | 1,760 | -3,551 | 799 | 1,305 |
Operating Cash Flow | 35,758 | 45,057 | 42,647 | 37,044 | 22,291 | 34,180 | 37,195 | 31,917 | 18,853 | 30,583 | 28,770 | 24,441 | 11,173 | 23,198 | 24,629 | 25,386 | 14,480 | 24,540 | 22,710 | 22,179 |
Operating Cash Flow Growth | 60.41% | 31.82% | 14.66% | 16.06% | 18.24% | 11.76% | 29.28% | 30.59% | 68.74% | 31.84% | 16.81% | -3.72% | -22.84% | -5.47% | 8.45% | 14.46% | 15.69% | 26.92% | 21.62% | 26.71% |
Capital Expenditures | -29,876 | -19,394 | -17,079 | -16,745 | -15,804 | -14,923 | -13,873 | -10,952 | -9,735 | -9,917 | -8,943 | -6,607 | -6,274 | -6,283 | -6,871 | -5,340 | -5,865 | -5,810 | -6,452 | -5,089 |
Cash Acquisitions | -455 | -578 | -1,743 | -981 | -1,405 | -1,849 | -1,342 | -1,575 | -65,029 | -1,186 | -341 | -301 | -679 | -349 | -1,263 | -18,719 | -850 | -1,206 | -501 | -7,512 |
Investment in Securities | 8,263 | -8,378 | -14,392 | 4,408 | 3,113 | 2,484 | 749 | 3,108 | 1,492 | 12,588 | 419 | 5,330 | 104 | 4,360 | -457 | 9,069 | 5,643 | 4,183 | -4,334 | 2,517 |
Other Investing Activities | -637 | -6,209 | 2,642 | 604 | -16 | -913 | -382 | -1,281 | 1,347 | -982 | -269 | -1,686 | -301 | -860 | -1,138 | -1,181 | -89 | -417 | 434 | 400 |
Investing Cash Flow | -22,705 | -34,559 | -30,572 | -12,714 | -14,112 | -15,201 | -14,848 | -10,700 | -71,925 | 503 | -9,134 | -3,264 | -7,150 | -3,132 | -9,729 | -16,171 | -1,161 | -3,250 | -10,853 | -9,684 |
Short-Term Debt Issued | - | - | - | - | - | - | - | - | - | 18,692 | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Issued | - | - | - | - | - | - | - | 6,352 | 10,773 | 7,073 | - | - | - | - | - | - | - | - | - | - |
Total Debt Issued | - | - | - | - | - | - | -945 | 6,352 | 10,773 | 25,765 | - | - | - | - | - | - | - | - | - | - |
Short-Term Debt Repaid | - | - | - | - | - | -5,746 | - | -3,810 | -8,490 | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Repaid | -3,000 | - | - | -2,250 | - | -966 | - | -11,589 | -2,916 | -1,500 | - | - | -750 | -1,000 | - | -4,197 | - | -4,826 | - | -500 |
Total Debt Repaid | -3,000 | - | - | -2,250 | - | -6,712 | -13,065 | -15,399 | -11,406 | -1,500 | -1,000 | - | -750 | -1,000 | - | -4,197 | - | -4,826 | - | -500 |
Net Debt Issued (Repaid) | -3,000 | - | - | -2,250 | - | -6,712 | -14,010 | -9,047 | -633 | 24,265 | -1,000 | - | -750 | -1,000 | - | -4,197 | - | -4,826 | - | -500 |
Issuance of Common Stock | 259 | 689 | 548 | 546 | 256 | 706 | 534 | 522 | 261 | 685 | 512 | 536 | 243 | 575 | 461 | 477 | 291 | 612 | 450 | 396 |
Repurchase of Common Stock | -7,415 | -5,650 | -4,546 | -4,781 | -4,986 | -4,107 | -4,210 | -4,213 | -4,000 | -4,831 | -5,704 | -5,509 | -5,459 | -5,573 | -8,757 | -8,822 | -7,433 | -7,684 | -7,177 | -6,930 |
Common Dividends Paid | -6,762 | -6,169 | -6,169 | -6,169 | -6,170 | -5,574 | -5,574 | -5,572 | -5,574 | -5,051 | -5,054 | -5,059 | -5,066 | -4,621 | -4,632 | -4,645 | -4,652 | -4,206 | -4,214 | -4,221 |
Other Financing Activities | -699 | -669 | -677 | -382 | -343 | -889 | -303 | -498 | -201 | -307 | -167 | -258 | -317 | -264 | -341 | -158 | -192 | -172 | -430 | -1,937 |
Financing Cash Flow | -17,617 | -11,799 | -10,844 | -13,036 | -11,243 | -16,576 | -23,563 | -18,808 | -10,147 | 14,761 | -11,413 | -10,290 | -11,349 | -10,883 | -13,269 | -17,345 | -11,986 | -16,276 | -11,371 | -13,192 |
Foreign Exchange Rate Adjustments | 11 | -92 | 183 | 52 | -294 | 122 | -103 | -80 | 72 | -99 | -81 | 29 | 88 | -230 | -198 | 24 | 106 | -73 | 36 | -33 |
Net Cash Flow | -4,553 | -1,393 | 1,414 | 11,346 | -3,358 | 2,525 | -1,319 | 2,329 | -63,147 | 45,748 | 8,142 | 10,916 | -7,238 | 8,953 | 1,433 | -8,106 | 1,439 | 4,941 | 522 | -730 |
Free Cash Flow | 5,882 | 25,663 | 25,568 | 20,299 | 6,487 | 19,257 | 23,322 | 20,965 | 9,118 | 20,666 | 19,827 | 17,834 | 4,899 | 16,915 | 17,758 | 20,046 | 8,615 | 18,730 | 16,258 | 17,090 |
Free Cash Flow Growth | -9.33% | 33.27% | 9.63% | -3.18% | -28.85% | -6.82% | 17.63% | 17.56% | 86.12% | 22.18% | 11.65% | -11.04% | -43.13% | -9.69% | 9.23% | 17.30% | 3.27% | 29.82% | 16.72% | 24.41% |
Free Cash Flow Margin | 7.24% | 33.04% | 33.45% | 28.97% | 9.32% | 29.36% | 36.03% | 33.89% | 14.70% | 36.57% | 35.29% | 33.74% | 9.29% | 33.75% | 34.24% | 40.61% | 16.65% | 41.33% | 35.23% | 40.98% |
Free Cash Flow Per Share | 0.79 | 3.44 | 3.43 | 2.72 | 0.87 | 2.58 | 3.12 | 2.81 | 1.22 | 2.77 | 2.65 | 2.39 | 0.66 | 2.26 | 2.37 | 2.66 | 1.14 | 2.48 | 2.15 | 2.25 |
Cash Interest Paid | - | - | 1,600 | - | - | - | 1,700 | - | - | - | 1,700 | - | - | - | 1,900 | - | - | - | 2,000 | - |
Cash Income Tax Paid | - | - | 28,700 | - | - | - | 23,400 | - | - | - | 23,100 | - | - | - | 16,000 | - | - | - | 13,400 | - |
Levered Free Cash Flow | -208.13 | 13,706 | 19,109 | 19,824 | -721.38 | 21,449 | 12,856 | 16,965 | 8,727 | 18,169 | 17,636 | 13,553 | 1,155 | 15,019 | 12,600 | 15,434 | 3,103 | 18,342 | 12,038 | 12,997 |
Unlevered Free Cash Flow | 256.88 | 14,148 | 19,499 | 20,201 | -343.88 | 21,820 | 13,301 | 17,472 | 9,303 | 18,505 | 17,944 | 13,872 | 1,463 | 15,332 | 12,908 | 15,746 | 3,428 | 18,677 | 12,381 | 13,389 |
Change in Working Capital | -9,632 | -218 | 3,303 | 2,042 | -11,551 | 856 | 7,184 | 2,522 | -10,300 | 2,418 | 4,243 | 1,843 | -10,347 | 1,873 | 1,473 | 3,072 | -9,554 | 5,455 | 1,787 | 2,700 |
Updated Jan 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.