Microsoft Statistics 2026
Comprehensive data on Microsoft's revenue, Azure cloud growth, AI investments, and market position. Sourced from official SEC filings and quarterly earnings reports.
This page is updated regularly based on analysis of official reports and investor filings.
$281.7B
FY2025 Revenue
+15% YoY
$75B+
Azure Revenue
+39% Q4 Growth
228,000
Employees
Stable YoY
~$3.2T
Market Cap
March 2026
Key Takeaways
- Microsoft's FY2025 revenue reached $281.7B — a 15% increase and the company's most successful fiscal year ever
- Azure and cloud services exceeded $75B in annual revenue, with Q4 growth of 39%
- Intelligent Cloud is now the largest segment at $106.3B, surpassing Productivity & Business Processes
- Operating income grew 23% to $128.5B, driven by cloud margin expansion and AI monetization
Revenue & Financials
Microsoft's FY2025 revenue reached $281.7 billion
Microsoft reported total revenue of $281.7 billion for fiscal year 2025 (ending June 30, 2025), a 15% increase from the $245.1 billion reported in FY2024. Revenue increased across all three business segments, making FY2025 the company's most successful fiscal year ever.
Q4 FY2025 quarterly revenue hit a record $76.4 billion
Microsoft closed fiscal 2025 with its strongest quarter ever, generating $76.4 billion in revenue in Q4 — an 18% increase year-over-year (17% in constant currency). The quarter was powered by accelerating Azure growth and continued Microsoft 365 expansion.
Operating income surged to $128.5 billion (+17% YoY)
Microsoft's operating income reached $128.5 billion in FY2025, up from $109.4 billion in FY2024. Operating margin expanded to 45.6%, reflecting continued cloud gross margin improvements and disciplined cost management across the company.
Net income crossed $100 billion for the first time at $101.8 billion
Microsoft's net income reached $101.8 billion in FY2025, making it one of the first companies in history to generate over $100 billion in annual profit. This represents a 16% increase from FY2024's $88.1 billion.
Diluted EPS grew to $13.71 (+12% YoY)
Microsoft's diluted earnings per share reached $13.71 for FY2025, up from $11.86 in FY2024. The strong bottom-line growth was supported by revenue acceleration, margin expansion, and share repurchases.
Annual Revenue
FY2020–FY2025, in billions USD
Quarterly Revenue Trend
Q1 FY2024–Q4 FY2025, in billions USD
Cloud & Azure
Azure and cloud services revenue exceeded $75 billion
For the first time, Microsoft disclosed that Azure and cloud services generated over $75 billion in annual revenue for FY2025. Azure growth was 39% in Q4 FY2025 (35% in constant currency), driven by AI workloads and enterprise cloud migrations.
Microsoft Cloud revenue reached $168.9 billion (+23% YoY)
Total Microsoft Cloud revenue — which includes Azure, Microsoft 365 Commercial, Dynamics 365, and LinkedIn — reached $168.9 billion in FY2025, up from $137.7 billion in FY2024. Cloud gross margin was 69%.
Intelligent Cloud is now the largest segment at $106.3 billion
The Intelligent Cloud segment — driven by Azure, SQL Server, and enterprise services — generated $106.3 billion in FY2025 revenue, up 21% from $87.5 billion in FY2024. Its operating income reached $44.6 billion.
Azure AI revenue run rate surpassed expectations
Microsoft's AI services revenue within Azure continued to exceed expectations, with AI contributing an increasing share of Azure's 39% Q4 growth. Azure AI services span OpenAI model hosting, Copilot integrations, and custom enterprise AI deployments.
"We are in the midst of a platform shift, and Microsoft is leading in the AI era. Azure AI is seeing incredible demand across every industry."
— Satya Nadella, Microsoft CEO, Q4 FY2025 Earnings Call
Microsoft Cloud Quarterly Revenue
Q1 FY2024–Q4 FY2025, in billions USD
Products & Platform
Microsoft 365 Commercial cloud revenue grew 15% YoY
Microsoft 365 Commercial cloud revenue grew 15% in FY2025, with seat growth of approximately 7% year-over-year. The company continues to push ARPU expansion through Copilot add-ons and E5 license upgrades.
LinkedIn revenue surpassed $18 billion
LinkedIn revenue continued to grow as part of the Productivity and Business Processes segment, driven by premium subscriptions, talent solutions, and advertising. LinkedIn's engagement and monetization both accelerated through AI-powered features.
Gaming revenue increased 9% driven by Xbox content and services
Gaming revenue reached approximately $24 billion in FY2025, with Xbox content and services revenue increasing 9%. The Activision Blizzard acquisition continued to contribute meaningfully to the More Personal Computing segment.
Workforce & Operations
Microsoft employs 228,000 people worldwide
As of June 30, 2025, Microsoft had approximately 228,000 employees globally, unchanged from FY2024. Despite flat headcount, revenue per employee increased 15% to over $1.2 million, reflecting significant productivity gains.
Capital expenditures reached $78.3 billion (+63% YoY)
Microsoft dramatically increased capital expenditures to $78.3 billion in FY2025, up from $48.0 billion in FY2024. The majority of capex is directed toward building and expanding AI and cloud data center infrastructure globally.
51% of revenue from the United States, 49% international
Microsoft's revenue remains roughly split between the United States (51%) and international markets (49%), with Europe and Asia Pacific as the largest non-US regions. International revenue grew faster in constant currency terms.
Financial Summary Table
| Metric | FY2023 | FY2024 | FY2025 | YoY Growth |
|---|---|---|---|---|
| Total Revenue | $211.9B | $245.1B | $281.7B | +15% |
| Operating Income | $88.5B | $109.4B | $128.5B | +17% |
| Net Income | $72.4B | $88.1B | $101.8B | +16% |
| Intelligent Cloud Revenue | $72.9B | $87.5B | $106.3B | +21% |
| Productivity & Business | $94.2B | $106.8B | $120.8B | +13% |
| More Personal Computing | $44.8B | $50.8B | $54.6B | +7% |
| Employees | 221,000 | 228,000 | 228,000 | 0% |
Source: Microsoft FY2025 Income Statements, Segment Revenue Reports
Revenue Breakdown
Revenue by Segment
FY2025, as % of total revenue
Intelligent Cloud
43% · $106.3B
Productivity & Business
38% · $120.8B
More Personal Computing
19% · $54.6B
Revenue by Geography
FY2025, as % of total revenue
Frequently Asked Questions
What is Microsoft's total revenue for 2025?
Microsoft reported $281.7 billion in total revenue for fiscal year 2025, a 15% increase from FY2024's $245.1 billion. Revenue grew across all three segments: Intelligent Cloud, Productivity and Business Processes, and More Personal Computing.
How fast is Azure growing?
Azure and cloud services grew 39% in Q4 FY2025 (35% in constant currency). Azure's annual revenue exceeded $75 billion for the first time in FY2025, driven by AI workloads and enterprise cloud adoption.
What is Microsoft's market capitalization?
As of early 2026, Microsoft's market capitalization is approximately $3.2 trillion, making it one of the two most valuable publicly traded companies in the world alongside Apple. The stock trades on the NASDAQ under the ticker MSFT.
How many employees does Microsoft have?
Microsoft has approximately 228,000 employees worldwide as of June 30, 2025, unchanged from the previous year. Revenue per employee exceeded $1.2 million.
What is Microsoft Cloud revenue?
Microsoft Cloud revenue — which includes Azure, Microsoft 365 Commercial, Dynamics 365, and LinkedIn — reached $168.9 billion in FY2025, growing 23% year-over-year.
How much does Microsoft spend on AI infrastructure?
Microsoft's capital expenditures reached $78.3 billion in FY2025, up 63% from FY2024. The vast majority of this spending is directed toward AI and cloud data center infrastructure to support Azure and AI services.
Sources & References
Last checked: March 2026
Microsoft Q4 FY2025 Earnings Release (2025)
Microsoft FY2025 Income Statements (2025)
Microsoft FY2025 Segment Revenue (2025)
Microsoft FY2025 Investor Metrics (2025)
CNBC — Microsoft Q4 FY2025 Earnings Report (2025)
Statista — Microsoft Revenue 2002–2025 (2025)
Synergy Research — Cloud Infrastructure Market Share (2025)
Gartner — Cloud Infrastructure & Platform Services (2025)
Reuters — Microsoft Financial Data (MSFT.O) (2025)