Filing Flows › Microsoft (MSFT) › Gross margin
Microsoft (MSFT) gross margin by quarter
Microsoft's gross margin was 67.8% in Q1 FY27 (first quarter fiscal 2027), +0.6 pts from Q4 FY26. Over the last 7 quarters it ranged from 67.2% (Q4 FY26) to 69.0% (Q1 FY26).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 FY27 | 67.8% | +0.6 pts | -1.3 pts |
| Q4 FY26 | 67.2% | -0.4 pts | -1.4 pts |
| Q3 FY26 | 67.6% | -0.4 pts | -1.1 pts |
| Q2 FY26 | 68.0% | -1.0 pts | — |
| Q1 FY26 | 69.0% | +0.5 pts | — |
| Q4 FY25 | 68.6% | -0.1 pts | — |
| Q3 FY25 | 68.7% | — | — |
Q1 FY27 at a glance
Microsoft, Q1 FY27: revenue $92.3B (+19% year over year), operating margin 49.8%, net earnings $36.6B, operating cash flow $58.0B. The chart follows the revenue to costs, profit and cash.
Questions
What is Microsoft's gross margin?
Microsoft's gross margin was 67.8% in Q1 FY27 (first quarter fiscal 2027), +0.6 pts from Q4 FY26.
How has Microsoft's gross margin changed?
Over the last 7 quarters it ranged from 67.2% (Q4 FY26) to 69.0% (Q1 FY26).