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Microsoft Corporation (MSFT)
NASDAQ: MSFT · Real-Time Price · USD
487.31
+4.07 (0.84%)
At close: Aug 24, 2026, 4:00 PM EDT
487.28
-0.03 (-0.01%)
After-hours: Aug 24, 2026, 7:59 PM EDT

Microsoft Cash Flow Statement

Millions USD. Fiscal year is Jul - Jun.

Operating Activities

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
133,749125,216119,262104,912101,83296,63592,75090,51288,13686,18182,54177,09672,36169,02067,44969,78972,73872,45671,18567,883
Depreciation & Amortization
39,00035,50032,70030,50028,00024,29323,02022,17920,00019,42016,94214,63113,50014,10614,33014,17814,60013,03912,20211,467
Loss (Gain) From Sale of Investments
-11,047-10,082-8,093-2735,3293,4312,7711661,634305216232196309454-67-409-982-1,438-1,485
Stock-Based Compensation
12,40512,35612,25512,12511,97411,59711,32011,05910,73410,45410,2169,9269,6119,1928,6337,9927,5027,0766,6956,364
Other Operating Activities
13,72313,3678,8876,199-5,623-3,777-3,289-2,033-3,780-5,120-5,472-5,075-5,698-4,028-2,551-1,063-5,842-5,233-5,123-5,323
Change in Accounts Receivable
-12,737-7,832-5,586-8,128-10,581-7,648-7,215-4,188-7,191-5,189-4,569-4,782-4,087-5,477-3,212-5,591-6,834-5,806-6,373-4,838
Change in Inventory
-461-364-1514903094456531,4161,2841,6031,4491,2801,24240722-889-1,123-1,050-1,100-706
Change in Accounts Payable
5,2682,2511,1108715695,4254,8941,4153,545652-40360-2,721-1,373-4461,8472,9431,9012,2142,012
Change in Unearned Revenue
9,3615,2944,4285,5735,4382,7343,1213,9215,3483,9154,3794,7315,5353,8573,8294,6725,1093,9603,6964,812
Change in Income Taxes
-1,875-525-1,523-3,998-38-1,887-5631,2781,6873,1741,966657-358-2,030-2,353-1,5476961,6551,6381,327
Change in Other Net Operating Assets
-4,451-5,040-2,783-1,232-1,047-538-1,879-3,580-2,849-5,272-4,618-3,789-1,999-542-1,769-1,628-345100313432
Operating Cash Flow
182,935170,141160,506147,039136,162130,710125,583122,145118,548110,123102,64794,96787,58283,44184,38687,69389,03587,11683,90981,945
Operating Cash Flow Growth (YoY)
34.35%30.17%27.81%20.38%14.86%18.70%22.35%28.62%35.36%31.98%21.64%8.29%-1.63%-4.22%0.57%7.01%16.02%19.82%23.34%23.80%

Investing Activities

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-115,948-97,225-83,094-69,022-64,551-61,345-55,552-49,483-44,477-39,547-35,202-31,741-28,107-26,035-24,768-24,359-23,886-23,467-23,216-21,525
Cash Acquisitions
-1,743-3,034-3,757-4,707-5,978-5,577-6,171-69,795-69,132-68,131-66,857-2,507-1,670-2,592-21,010-21,181-22,038-21,276-10,069-9,634
Investment in Securities
-1,948-8,179-10,099-15,249-4,38710,7549,4547,83317,93717,60719,82918,44110,2139,33713,07618,61518,43814,5618,0094,959
Other Investing Activities
-19,861-6,803-3,600-2,9792,317-707-2,592-1,229-1,298-1,185-1,590-3,238-3,116-3,985-3,480-3,268-2,825-1,253328744
Investing Cash Flow
-139,500-115,241-100,550-91,957-72,599-56,875-54,861-112,674-96,970-91,256-83,820-19,045-22,680-23,275-36,182-30,193-30,311-31,435-24,948-25,456

Financing Activities

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Short-Term Debt Issued
--------5,250-----------
Long-Term Debt Issued
--------24,395-----------
Total Debt Issued
------9451,5973,88029,64530,59028,04825,765--------
Short-Term Debt Repaid
-----5,746---------------
Long-Term Debt Repaid
-3,000----3,216----29,070----2,750----9,023---
Total Debt Repaid
-3,000-3,000-5,250-2,250-8,962-22,027-31,366-34,282-29,070-17,005-5,416-3,250-2,750-1,750-5,947-5,197-9,023-9,023-5,326-8,576
Net Debt Issued (Repaid)
-3,000-3,000-5,250-2,250-8,962-22,972-29,769-30,40257513,58522,63222,515-2,750-1,750-5,947-5,197-9,023-9,023-5,326-8,576
Issuance of Common Stock
2,0092,0372,0422,0392,0562,0422,0182,0232,0021,9801,9941,9761,8661,8151,7561,8041,8411,8301,7491,760
Repurchase of Common Stock
-22,271-22,238-22,392-19,963-18,420-18,084-17,516-16,530-17,254-18,748-20,044-21,503-22,245-25,298-28,611-30,585-32,696-31,116-29,224-28,326
Common Dividends Paid
-26,445-25,856-25,269-24,677-24,082-23,487-22,890-22,294-21,771-21,251-20,738-20,230-19,800-19,378-18,964-18,550-18,135-17,717-17,293-16,871
Other Financing Activities
-2,839-2,554-2,427-2,071-2,291-1,917-2,033-1,891-1,309-1,173-933-1,049-1,006-1,180-1,080-955-863-952-2,731-2,460
Financing Cash Flow
-52,546-51,611-53,296-46,922-51,699-64,418-70,190-69,094-37,757-25,607-17,089-18,291-43,935-45,791-52,846-53,483-58,876-56,978-52,825-54,473

Net Cash Flow

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
-196-12154-15163-223-35511-210-188-79-63-194-311-316-298-1419336-56
Net Cash Flow
-9,3073,2776,8148,00911,9279,194177-59,612-16,389-6,9281,65957,56820,77314,064-4,9583,719-293-1,2046,1721,960

Free Cash Flow

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
66,98772,91677,41278,01771,61169,36570,03172,66274,07170,57667,44563,22659,47557,40659,61863,33465,14963,64960,69360,420
Free Cash Flow Growth (YoY)
-6.46%5.12%10.54%7.37%-3.32%-1.72%3.83%14.92%24.54%22.94%13.13%-0.17%-8.71%-9.81%-1.77%4.82%16.09%18.33%20.34%22.73%
Free Cash Flow Margin
20.19%22.91%25.34%26.55%25.42%25.69%26.75%28.59%30.22%29.83%29.64%28.96%28.07%27.65%29.21%31.19%32.86%33.05%32.82%34.28%
Free Cash Flow Per Share
8.999.7810.3710.459.599.299.379.739.929.459.048.477.967.677.958.428.648.428.017.96
Levered Free Cash Flow
16,54637,01153,63553,32761,08252,06750,64859,99756,70561,49858,08650,51447,26942,32844,20846,15649,47948,91746,48049,820
Unlevered Free Cash Flow
18,47138,79855,30854,91462,59853,63852,34961,89658,57063,22459,62451,78548,51643,57545,44847,41350,75850,23247,87651,245

Additional Metrics

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
1,5001,6001,6001,6001,6001,7001,7001,7001,7001,7001,7001,7001,7001,9001,9001,9001,9002,0002,0002,000
Cash Income Tax Paid
21,18828,70028,70028,70028,70023,40023,40023,40023,40023,10023,10023,10023,10016,00016,00016,00016,00013,40013,40013,400
Change in Working Capital
-4,895-6,216-4,505-6,424-5,350-1,469-9892621,824-1,117-1,796-1,843-2,388-5,158-3,929-3,1364467603883,039
SEC Filings: 10-K · 10-Q