Microsoft Corporation (MSFT)

Net profit margin

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Net income (ttm) US$ in thousands 101,832,000 96,635,000 92,750,000 90,512,000 88,136,000 86,181,000 82,541,000 77,096,000 72,361,000 69,020,000 67,449,000 69,789,000 72,738,000 72,456,000 71,185,000 67,883,000 61,271,000 56,015,000 51,310,000 47,496,000
Revenue (ttm) US$ in thousands 281,724,000 270,010,000 261,802,000 254,190,000 245,122,000 236,584,000 227,583,000 218,310,000 211,915,000 207,591,000 204,094,000 203,075,000 198,270,000 192,557,000 184,903,000 176,251,000 168,088,000 159,969,000 153,284,000 147,114,000
Net profit margin 36.15% 35.79% 35.43% 35.61% 35.96% 36.43% 36.27% 35.31% 34.15% 33.25% 33.05% 34.37% 36.69% 37.63% 38.50% 38.51% 36.45% 35.02% 33.47% 32.29%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $101,832,000K ÷ $281,724,000K
= 36.15%

The analysis of Microsoft Corporation's net profit margin over the specified period reveals a generally consistent profitability profile with moderate fluctuations. Starting from a net profit margin of 32.29% as of September 30, 2020, the margin exhibited an upward trend, reaching a peak of approximately 38.51% by September 30, 2021. This period marked a period of increased profitability, with margins rising steadily, possibly reflecting successful operational initiatives and favorable market conditions.

Following this peak, the net profit margin experienced a slight decline, stabilizing around 33.05% to 34.37% from late 2021 through the first half of 2022. Despite this decrease, margins remained relatively healthy, indicating sustained profitability but perhaps reflecting increased costs or competitive pressures.

From the latter half of 2022 onward, the margin exhibited minor fluctuations, generally maintaining an upward trajectory. Notably, in 2023 and 2024, the net profit margin consistently hovered around the 35% mark, with a slight upward trend culminating in a margin of approximately 36.43% as of March 31, 2024. The data suggests that Microsoft managed to maintain or slightly enhance its profitability despite varying external and internal factors.

Overall, the net profit margin has shown resilience and adaptability, reflecting maintained efficiency and effective cost management. The margins' stability indicates that Microsoft has been able to sustain profitable operations across different fiscal periods, despite macroeconomic fluctuations and potential competitive changes. The observed trend underscores a generally stable profit-generating capacity with periodic upward movements aligning with broader strategic or market conditions.


See also:

Microsoft Corporation Net Profit Margin (Quarterly Data)