Revenue → Gross profit: $53.6BGross profit → Operating profit: $38.0BServer products and cloud → Revenue: $28.9BOperating profit → Net profit: $27.7BRevenue → Cost of revenue: $24.0BMicrosoft 365 Commercial → Revenue: $24.0BCost of revenue → Service costs: $21.1BGross profit → Operating expenses: $15.7BOperating expenses → R&D: $8.1BOperating profit → Tax: $6.6BOperating expenses → S&M: $5.7BGaming → Revenue: $5.5BLinkedIn → Revenue: $4.7BWindows and Devices → Revenue: $4.6BSearch and news advertising → Revenue: $3.7BOperating profit → Other expense: $3.7BCost of revenue → Product costs: $2.9BMicrosoft 365 Consumer → Revenue: $2.2BDynamic → Revenue: $2.1BEnterprise services → Revenue: $2.0BOperating expenses → G&A: $1.8BOther → Revenue: $0.0BCost of revenue$24.0B20% Y/YDynamic$2.1B16% Y/YEnterprise services$2.0B5% Y/YG&A$1.8B8% Y/YGaming$5.5B-2% Y/YGross profit$53.6B18% Y/YLinkedIn$4.7B10% Y/YMicrosoft 365 Commercial$24.0B17% Y/YMicrosoft 365 Consumer$2.2B28% Y/YNet profit$27.7B12% Y/YOperating expenses$15.7B5% Y/YOperating profit$38.0B24% Y/YOther3M-70% Y/YOther expense$3.7B1193% Y/YProduct costs$2.9B-11% Y/YR&D$8.1B8% Y/YRevenue$77.7B18% Y/YS&M$5.7B0% Y/YSearch and news advertising$3.7B15% Y/YServer products and cloud$28.9B30% Y/YService costs$21.1B26% Y/YTax$6.6B17% Y/YWindows and Devices$4.6B5% Y/YMicrosoft Q1 FY26 Income Statement
2020
Full Year
2021
Full Year
2022
Full Year
2023
Q2 Q3 Q4 Full Year
2024
Q1 Q2 Q3 Full Year
2025
Q1 Full Year
2026
Q1
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