Microsoft (MSFT) Operating Margin: History & Chart

Microsoft Corporation (MSFT)MSFTMicrosoft Corporation

About Microsoft Corporation

Microsoft Corporation is a prominent global technology firm that invents, markets, and provides ongoing assistance for a diverse range of software, digital services, computing devices, and comprehensive solutions. Its operations are organized into three primary divisions: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment delivers crucial tools for both enterprises and individual users. This includes the extensive Office suite (comprising Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business), along with popular consumer offerings like Skype, Outlook.com, OneDrive, and LinkedIn. It also features Dynamics 365, a suite of integrated cloud and on-premises business applications tailored for organizations. The Intelligent Cloud division focuses on sophisticated infrastructure and platform services. Here, Microsoft licenses key products such as SQL Server, Windows Servers, Visual Studio, System Center, and associated Client Access Licenses. It also includes GitHub, a leading platform for developer collaboration and code hosting; Nuance, offering advanced AI solutions for healthcare and businesses; and Azure, its expansive cloud computing platform. This segment further encompasses enterprise support, Microsoft consulting services, and Nuance professional services, assisting clients with the development, deployment, and management of Microsoft's server and desktop technologies, alongside offering product training and certification. Finally, the More Personal Computing segment covers a broad spectrum of consumer and commercial computing experiences. It generates revenue through Windows operating system licensing, including agreements with original equipment manufacturers (OEMs), non-volume licensing, and various Windows Commercial offerings (such as volume licensing and cloud services), as well as patent licensing and Windows Internet of Things (IoT). This division also supplies its own hardware, including Surface devices, PC accessories, and gaming/entertainment consoles. Its Gaming portfolio features Xbox hardware, content, and subscription services, in addition to video games and royalties from third-party titles. Furthermore, it manages search services like Bing and Microsoft's advertising platforms. Microsoft distributes its extensive product line via numerous channels, including original equipment manufacturers, wholesale distributors, and various resellers, complementing direct sales through digital marketplaces, its own online storefronts, and physical retail outlets. The company, established in 1975, maintains its headquarters in Redmond, Washington.

Redmond, WA

228,000 employees

www.microsoft.com

Technology / Software - Infrastructure

Sector: Technology
Industry: Software - Infrastructure
CEO: Satya Nadella

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MSFT Operating Margin Metrics

OPERATING MARGIN

45.11%

OPERATING MARGIN AVG TTM

46.46%

OPERATING MARGIN AVG 3Y

45.55%

OPERATING MARGIN AVG 5Y

44.36%

OPERATING MARGIN AVG 10Y

39.57%

OPERATING MARGIN AVG 15Y

36.94%

OPERATING MARGIN AVG 20Y

36.92%

CURRENT VS TTM AVG

-2.91%

CURRENT VS 3Y AVG

-0.95%

CURRENT VS 5Y AVG

+1.69%

CURRENT VS 10Y AVG

+14.00%

CURRENT VS 15Y AVG

+22.11%

CURRENT VS 20Y AVG

+22.20%

SECTOR MEDIAN · TECHNOLOGY

13.48%

median of 177 covered companies

CURRENT VS SECTOR MEDIAN

+234.65%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Microsoft Corporation (MSFT)	$3.45T	45.11%	46.46%	45.55%	44.36%
Apple Inc. (AAPL)vs ›	$4.54T	33.17%	31.74%	31.10%	30.67%
Alphabet Inc. (GOOGL)vs ›	$4.31T	33.12%	32.08%	29.51%	28.53%
Amazon.com, Inc. (AMZN)vs ›	$2.92T	12.08%	10.96%	7.67%	6.99%
Oracle Corporation (ORCL)vs ›	$374.12B	30.85%	30.83%	29.21%	30.03%
Salesforce, Inc. (CRM)vs ›	$150.71B	21.94%	20.24%	14.54%	10.39%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Microsoft Corporation (MSFT)

$3.45T

45.11%

46.46%

45.55%

44.36%

Apple Inc. (AAPL)vs ›

$4.54T

33.17%

31.74%

31.10%

30.67%

Alphabet Inc. (GOOGL)vs ›

$4.31T

33.12%

32.08%

29.51%

28.53%

Amazon.com, Inc. (AMZN)vs ›

$2.92T

12.08%

10.96%

7.67%

6.99%

Oracle Corporation (ORCL)vs ›

$374.12B

30.85%

30.83%

29.21%

30.03%

Salesforce, Inc. (CRM)vs ›

$150.71B

21.94%

20.24%

14.54%

10.39%

Operating Margin FAQ

What is the operating margin for Microsoft Corporation (MSFT)?

The operating margin for MSFT stock is 45.11%.

Is Microsoft Corporation's operating margin high or low?

The operating margin of 45.11% is in line with its 5-year average of 44.09%, around the middle of its 5-year range (38.67%–48.87%).

What is the TTM average operating margin for Microsoft Corporation (MSFT)?

The TTM average operating margin for MSFT stock is 46.46%.

What is the 3Y average operating margin for Microsoft Corporation (MSFT)?

The 3Y average operating margin for MSFT stock is 45.55%.

What is the 5Y average operating margin for Microsoft Corporation (MSFT)?

The 5Y average operating margin for MSFT stock is 44.36%.

What is the 10Y average operating margin for Microsoft Corporation (MSFT)?

The 10Y average operating margin for MSFT stock is 39.57%.

What is the 15Y average operating margin for Microsoft Corporation (MSFT)?

The 15Y average operating margin for MSFT stock is 36.94%.

What is the 20Y average operating margin for Microsoft Corporation (MSFT)?

The 20Y average operating margin for MSFT stock is 36.92%.

DATE	OPERATING MARGIN
2026-06-30	45.11%
2026-03-31	46.33%
2025-12-31	47.09%
2025-09-30	48.87%
2025-06-30	44.90%
2025-03-31	45.67%
2024-12-31	45.46%
2024-09-30	46.58%
2024-06-30	43.14%
2024-03-31	44.59%
2023-12-31	43.59%
2023-09-30	47.59%
2023-06-30	43.17%
2023-03-31	42.29%
2022-12-31	38.67%
2022-09-30	42.93%
2022-06-30	39.59%
2022-03-31	41.26%
2021-12-31	43.01%
2021-09-30	44.66%
2021-06-30	41.37%
2021-03-31	40.88%
2020-12-31	41.55%
2020-09-30	42.73%
2020-06-30	35.25%
2020-03-31	37.05%
2019-12-31	37.64%
2019-09-30	38.38%
2019-06-30	36.79%
2019-03-31	33.83%
2018-12-31	31.59%
2018-09-30	34.23%
2018-06-30	34.50%
2018-03-31	30.92%
2017-12-31	30.01%
2017-09-30	31.41%
2017-06-30	30.00%
2017-03-31	28.96%
2016-12-31	30.61%
2016-09-30	30.62%
2016-06-30	14.94%
2016-03-31	25.73%
2015-12-31	25.32%
2015-09-30	28.43%
2015-06-30	-9.26%
2015-03-31	30.35%
2014-12-31	29.38%
2014-09-30	25.19%
2014-06-30	27.72%
2014-03-31	34.18%
2013-12-31	32.50%
2013-09-30	34.18%
2013-06-30	30.52%
2013-03-31	37.15%
2012-12-31	36.22%
2012-09-30	33.16%
2012-06-30	1.06%
2012-03-31	36.62%
2011-12-31	38.28%
2011-09-30	41.46%
2011-06-30	35.53%
2011-03-31	34.75%
2010-12-31	40.92%
2010-09-30	43.94%
2010-06-30	36.97%
2010-03-31	35.67%
2009-12-31	44.75%
2009-09-30	34.69%
2009-06-30	30.44%
2009-03-31	32.52%
2008-12-31	35.71%
2008-09-30	39.83%
2008-06-30	35.89%
2008-03-31	30.50%
2007-12-31	39.60%
2007-09-30	43.00%
2007-06-30	29.83%
2007-03-31	45.76%
2006-12-31	27.68%
2006-09-30	41.38%
2006-06-30	32.88%
2006-03-31	35.67%
2005-12-31	39.34%
2005-09-30	41.54%
2005-06-30	29.42%
2005-03-31	34.60%
2004-12-31	43.90%
2004-09-30	38.02%
2004-06-30	33.72%
2004-03-31	13.93%
2003-12-31	14.53%
2003-09-30	38.32%
2003-06-30	27.19%
2003-03-31	35.02%
2002-12-31	26.14%
2002-09-30	39.09%

DATE

OPERATING MARGIN

2026-06-30

45.11%

2026-03-31

46.33%

2025-12-31

47.09%

2025-09-30

48.87%

2025-06-30

44.90%

2025-03-31

45.67%

2024-12-31

45.46%

2024-09-30

46.58%

2024-06-30

43.14%

2024-03-31

44.59%

2023-12-31

43.59%

2023-09-30

47.59%

2023-06-30

43.17%

2023-03-31

42.29%

2022-12-31

38.67%

2022-09-30

42.93%

2022-06-30

39.59%

2022-03-31

41.26%

2021-12-31

43.01%

2021-09-30

44.66%

2021-06-30

41.37%

2021-03-31

40.88%

2020-12-31

41.55%

2020-09-30

42.73%

2020-06-30

35.25%

2020-03-31

37.05%

2019-12-31

37.64%

2019-09-30

38.38%

2019-06-30

36.79%

2019-03-31

33.83%

2018-12-31

31.59%

2018-09-30

34.23%

2018-06-30

34.50%

2018-03-31

30.92%

2017-12-31

30.01%

2017-09-30

31.41%

2017-06-30

30.00%

2017-03-31

28.96%

2016-12-31

30.61%

2016-09-30

30.62%

2016-06-30

14.94%

2016-03-31

25.73%

2015-12-31

25.32%

2015-09-30

28.43%

2015-06-30

-9.26%

2015-03-31

30.35%

2014-12-31

29.38%

2014-09-30

25.19%

2014-06-30

27.72%

2014-03-31

34.18%

2013-12-31

32.50%

2013-09-30

34.18%

2013-06-30

30.52%

2013-03-31

37.15%

2012-12-31

36.22%

2012-09-30

33.16%

2012-06-30

1.06%

2012-03-31

36.62%

2011-12-31

38.28%

2011-09-30

41.46%

2011-06-30

35.53%

2011-03-31

34.75%

2010-12-31

40.92%

2010-09-30

43.94%

2010-06-30

36.97%

2010-03-31

35.67%

2009-12-31

44.75%

2009-09-30

34.69%

2009-06-30

30.44%

2009-03-31

32.52%

2008-12-31

35.71%

2008-09-30

39.83%

2008-06-30

35.89%

2008-03-31

30.50%

2007-12-31

39.60%

2007-09-30

43.00%

2007-06-30

29.83%

2007-03-31

45.76%

2006-12-31

27.68%

2006-09-30

41.38%

2006-06-30

32.88%

2006-03-31

35.67%

2005-12-31

39.34%

2005-09-30

41.54%

2005-06-30

29.42%

2005-03-31

34.60%

2004-12-31

43.90%

2004-09-30

38.02%

2004-06-30

33.72%

2004-03-31

13.93%

2003-12-31

14.53%

2003-09-30

38.32%

2003-06-30

27.19%

2003-03-31

35.02%

2002-12-31

26.14%

2002-09-30

39.09%

Operating Margin: 45.11%

MSFT Operating Margin

MSFT Average Operating Margin Chart

MSFT Current vs Average Operating Margin Chart

MSFT Operating Margin Metrics

MSFT Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

MSFT Operating Margin History

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