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Microsoft (MSFT) R&D spending by quarter

Microsoft's R&D spending was $9.0B in Q1 FY27 (first quarter fiscal 2027), -10% from Q4 FY26. Over the last 7 quarters it ranged from $8.1B (Q1 FY26) to $10.0B (Q4 FY26).

Microsoft R&D spending by quarterMicrosoft R&D spending by quarter$8.2BQ3 FY25$8.8BQ4 FY25$8.1BQ1 FY26$8.5BQ2 FY26$8.9BQ3 FY26$10.0BQ4 FY26$9.0BQ1 FY27
QuarterR&D spendingQ/QY/Y
Q1 FY27$9.0B-10%+11%
Q4 FY26$10.0B+12%+13%
Q3 FY26$8.9B+5%+9%
Q2 FY26$8.5B+4%—
Q1 FY26$8.1B-8%—
Q4 FY25$8.8B+8%—
Q3 FY25$8.2B——

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 R&D spending?

Microsoft's R&D spending was $9.0B in Q1 FY27 (first quarter fiscal 2027), -10% from Q4 FY26.

How has Microsoft's R&D spending changed?

Over the last 7 quarters it ranged from $8.1B (Q1 FY26) to $10.0B (Q4 FY26).

Q1 FY27 results → · How Microsoft makes money →