Microsoft · revenue by segment
Microsoft revenue by segment
How does Microsoft make money?
Largest segment: 42.2% of FY2026 revenue
Numbers, method and sources
Share = segment revenue ÷ total revenue of the same fiscal year (derived by Hollsteen). Only years in which the reported parts add up exactly to total revenue are shown; latest 6 of 11 such years. Sources: 10-K; each value names its filing.
break Microsoft changed its segments in the 10-K filed 30 July 2025 and recast FY2023 onward; FY2022 and earlier use the old segment definitions. Not comparable across the break.
FY2026 · revenue $331.8B · 10-K · filed Jul 29, 2026
- Productivity and Business Processes$140.0B 42.2%
- Intelligent Cloud$137.8B 41.5%
- More Personal Computing$54.1B 16.3%
FY2025 · revenue $281.7B · 10-K · filed Jul 30, 2025
- Productivity and Business Processes$120.8B 42.9%
- Intelligent Cloud$106.3B 37.7%
- More Personal Computing$54.6B 19.4%
FY2024 · revenue $245.1B · 10-K · filed Jul 30, 2024
- Productivity and Business Processes$106.8B 43.6%
- Intelligent Cloud$87.5B 35.7%
- More Personal Computing$50.8B 20.7%
FY2023 · revenue $211.9B · 10-K · filed Jul 27, 2023
- Productivity and Business Processes$94.2B 44.4%
- Intelligent Cloud$72.9B 34.4%
- More Personal Computing$44.8B 21.1%
FY2022 · revenue $198.3B · 10-K · filed Jul 28, 2022
- Intelligent Cloud$75.0B 37.8%
- Productivity and Business Processes$63.4B 32.0%
- More Personal Computing$59.9B 30.2%
FY2021 · revenue $168.1B · 10-K · filed Jul 29, 2021
- Intelligent Cloud$59.7B 35.5%
- More Personal Computing$54.4B 32.4%
- Productivity and Business Processes$53.9B 32.1%
SEC filings only (10-K, 20-F, 8-K Ex.99 earnings releases, S-1). Derived = calculated by Hollsteen from reported SEC values; no market data.
Where does each revenue dollar go?
40¢ of every revenue dollar became net income
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Numbers, method and sources
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Microsoft revenue by segment, by fiscal year
break Columns marked † use the segment structure before the change. Microsoft changed its segments in the 10-K filed 30 July 2025 and recast FY2023 onward; FY2022 and earlier use the old segment definitions. Not comparable across the break.
Segment revenue and share of total revenue (derived); each value links to its filing. “8-K sum” = fiscal-year value derived as the sum of four quarterly earnings releases (8-K Ex.99), not taken from the 10-K. Latest 5 fiscal years, newest first.