MSFT Q2 2026 results at a glance
MSFT Q2 2026 key results metrics| Quarter | Q2 2026 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | $90.01B |
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| Revenue YoY | +17.7% |
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| Operating profit | $40.60B |
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| Operating margin | 45.1% |
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| Net profit | $35.77B |
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| Net profit YoY | +31.3% |
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| Net profit QoQ | +12.5% |
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| Net margin | 39.7% |
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| Basic EPS | $4.82 |
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| TTM revenue | $331.84B |
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| TTM net profit | $133.75B |
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| TTM net margin | 40.3% |
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MSFT Q2 2026 results: what the numbers say
MSFT (MSFT) has reported its Q2 2026 results for the quarter ended 2026-06-30. The company posted revenue of $90.01B and a net profit of $35.77B, translating into earnings per share of $4.82.
Compared with the same quarter a year earlier, revenue grew by +17.7% and net profit grew strongly by +31.3%. Profit rising faster than revenue points to better cost control or operating leverage flowing through the P&L.
Operating profit for the quarter stood at $40.60B, an operating margin of 45.1% versus 44.9% a year ago — a gain of 0.2 percentage points.
MSFT quarter-wise results table
Net profit
$35.77B
+31.3% YoY
Operating profit
$40.60B
+18.3% YoY
MSFT (MSFT) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q2 20262026-06-30 | $90.01B | $40.60B | $35.77B | 45.1% | 39.7% | $4.82 | +31.3% | +12.5% |
| Q1 20262026-03-31 | $82.89B | $38.40B | $31.78B | 46.3% | 38.3% | $4.28 | — | -17.4% |
| Q4 20252025-12-31 | $81.27B | $38.27B | $38.46B | 47.1% | 47.3% | $5.18 | — | +38.6% |
| Q3 20252025-09-30 | $77.67B | $37.96B | $27.75B | 48.9% | 35.7% | $3.73 | — | +1.9% |
| Q2 20252025-06-30 | $76.44B | $34.32B | $27.23B | 44.9% | 35.6% | $3.66 | — | — |
| TTM (last 4 quarters) | $331.84B | $155.24B | $133.75B | 46.8% | 40.3% | $18.01 | — | — |
Consolidated figures as reported to the exchanges. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
MSFT quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax.
MSFT quarterly income statement| Particulars | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 |
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| Revenue / Sales | $90.01B | $82.89B | $81.27B | $77.67B | $76.44B |
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| Total expenses | $49.40B | $44.49B | $43.00B | $39.71B | $42.12B |
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| Gross profit | $60.48B | $56.06B | $55.30B | $53.63B | $52.43B |
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| Operating profit (EBIT) | $40.60B | $38.40B | $38.27B | $37.96B | $34.32B |
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| Operating margin | 45.1% | 46.3% | 47.1% | 48.9% | 44.9% |
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| Interest cost | $839.00M | $778.00M | $736.00M | $698.00M | $615.00M |
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| Profit before tax | $44.05B | $39.34B | $48.25B | $34.30B | $32.62B |
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| Tax expense | $8.28B | $7.56B | $9.79B | $6.55B | $5.38B |
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| Effective tax rate | 18.8% | 19.2% | 20.3% | 19.1% | 16.5% |
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| Net profit (PAT) | $35.77B | $31.78B | $38.46B | $27.75B | $27.23B |
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| Net profit margin | 39.7% | 38.3% | 47.3% | 35.7% | 35.6% |
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| Basic EPS | $4.82 | $4.28 | $5.18 | $3.73 | $3.66 |
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| Diluted EPS | $4.81 | $4.27 | $5.16 | $3.72 | $3.65 |
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MSFT results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
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| Revenue YoY | +17.7% | — | — | — | — |
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| Revenue QoQ | +8.6% | +2.0% | +4.6% | +1.6% | — |
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| Operating profit YoY | +18.3% | — | — | — | — |
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| Operating profit QoQ | +5.7% | +0.3% | +0.8% | +10.6% | — |
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| Net profit YoY | +31.3% | — | — | — | — |
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| Net profit QoQ | +12.5% | -17.4% | +38.6% | +1.9% | — |
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| EPS YoY | +31.7% | — | — | — | — |
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| EPS QoQ | +12.6% | -17.4% | +38.9% | +1.9% | — |
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MSFT annual results history
Full-year performance for MSFT, useful for reading each quarter in context.
MSFT annual income statement| Particulars | 20262026-06-30 | 20252025-06-30 | 20242024-06-30 | 20232023-06-30 |
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| Revenue / Sales | $331.84B | $281.72B | $245.12B | $211.91B |
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| Total expenses | $176.60B | $153.20B | $135.69B | $123.39B |
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| Gross profit | $225.47B | $193.89B | $171.01B | $146.05B |
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| Operating profit (EBIT) | $155.24B | $128.53B | $109.43B | $88.52B |
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| Operating margin | 46.8% | 45.6% | 44.6% | 41.8% |
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| Interest cost | $3.05B | $2.38B | $2.94B | $1.97B |
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| Profit before tax | $165.93B | $123.63B | $107.79B | $89.31B |
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| Tax expense | $32.19B | $21.80B | $19.65B | $16.95B |
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| Effective tax rate | 19.4% | 17.6% | 18.2% | 19.0% |
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| Net profit (PAT) | $133.75B | $101.83B | $88.14B | $72.36B |
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| Net profit margin | 40.3% | 36.1% | 36.0% | 34.1% |
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| Basic EPS | $18.00 | $13.70 | $11.86 | $9.72 |
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| Diluted EPS | $17.95 | $13.64 | $11.80 | $9.68 |
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Revenue trend and demand read-through
Topline for Q2 2026 came in at $90.01B against $76.44B in Q2 2025, and $82.89B in the preceding Q1 2026 quarter.
On a sequential basis revenue grew +8.6%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were $49.40B, or 54.9% of revenue, with operating profit grew +18.3% year on year.
Margins, tax and profitability
Net profit of $35.77B works out to a net margin of 39.7% compared with 35.6% in the year-ago quarter. Margin expansion of this kind usually reflects a better product or service mix, softer input costs, or tighter overheads.
Below the operating line, MSFT reported profit before tax of $44.05B, a tax charge of $8.28B (effective rate 18.8%), interest cost of $839.00M. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from $31.78B in Q1 2026 to $35.77B in Q2 2026, a change of +12.5%.
Trailing twelve months and annual context
Across the trailing four quarters MSFT has generated revenue of $331.84B and net profit of $133.75B, a trailing net margin of 40.3%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, 2026 revenue was $331.84B with net profit of $133.75B and EPS of $18.00, versus the prior year where revenue grew +17.8% and profit grew +31.3%.
What to watch in the next MSFT quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
MSFT has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges, without adjustment. This is information and analysis, not investment advice.
MSFT results coverage
No results report published for MSFT yet — our desk covers each quarter within minutes of the filing.
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MSFT quarterly results FAQs
What were MSFT (MSFT) Q2 2026 results?
In Q2 2026 (quarter ended 30 Jun 2026), MSFT reported revenue of $90.01B and net profit of $35.77B, a change of +31.3% year on year on +17.7% revenue growth. EPS stood at $4.82.
What is MSFT profit margin in Q2 2026?
MSFT posted a net profit margin of 39.7% and an operating margin of 45.1% in Q2 2026. On a trailing twelve-month basis, revenue is $331.84B and net profit $133.75B.
Did MSFT results beat the previous quarter?
MSFT net profit changed +12.5% quarter on quarter, from $31.78B in Q1 2026 to $35.77B in Q2 2026.
When are MSFT (MSFT) quarterly results?
MSFT has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see MSFT latest quarterly results?
Results coverage for MSFT will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the MSFT stock page.
What is MSFT annual revenue and profit?
For 2026, MSFT reported full-year revenue of $331.84B and net profit of $133.75B, with EPS of $18.00.
How many quarterly results has MSFT declared recently?
Past results dates for MSFT will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
