Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·MSFT
Preparing the analysis
We’re preparing the company’s analysis.
NASDAQ·MSFT
Microsoft Corporation
Share price$530.61Price as of: Nov 6, 2026
Microsoft Corporation (MSFT) is a company listed on NASDAQ, classified under Software - Infrastructure.
Microsoft operates across three primary areas: business/personal productivity, cloud and server infrastructure, and personal computing experiences, including software, hardware, and digital services.
Revenue · FY 2026
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Sales generated during the period, before costs and expenses.
Net margin · FY 2026
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every $100 it takes in,39 come from Server Products And Cloud Services.
Server Products And Cloud Services is its largest source of revenue (39.0%), followed by Microsoft 365 Commercial products and cloud services (30.7%). Here you will see what it sells, where, and how that mix is changing.
$332bnrevenue in FY 2026
10business lines with data
51%of sales, in UNITED STATES
Full fiscal year ended Jun 30, 2026
After that close
Q1 fiscal 2027, ended Sep 30, 2026: total revenue +18.8% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2026
02Where revenue comes from
One line weighs far more than the rest.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
No room for a label in the mosaic
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
It depends on one main market.
UNITED STATES is its largest market, with 51.5% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2026
04How the mix is changing
Server Products And Cloud Services is gaining weight.
Weight of each part in 2025 and in 2026. A line gains weight when it grows faster than the total.
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
FY 2026 growth mostly depended on Server Products And Cloud Services, bringing 61.8% of revenue growth though it formed just 34.9% of the base.
That growth was balanced across lines: though others grew, most of the increase came from only one, so risk is concentrated there.
02
Although Server Products And Cloud Services dominated, other lines still grew revenue collectively by 10.4%, which supports diversification.
That other lines are irrelevant: their growth was smaller, but their collective rise still contributes.
03
Even with Windows and Devices dropping ($230M), other lines more than made up for it: the portfolio is broad enough to absorb segment declines.
That any large line decline will always be offset: the overall gain depends on how much others can compensate and their respective weights.
04
Sales are split almost evenly between the US (51.5%) and the rest (48.5%), so there's no dependence on a single region.
That regional concentration risk is high: the regional split stayed stable and is well balanced.
Our take
Microsoft’s FY 2026 growth was driven by Server Products And Cloud Services, but its overall lines and regions still provide diversification.
- 01Shown by the figures
No marked regional dependence
Sales remained nearly evenly split between the United States and other regions, confirming that the company is not reliant on any single market for growth.
See the calculations behind it
- Server Products And Cloud Services brought $31B of the $50.1B by which revenue grew in FY 2026 (61.8%), although it weighed 34.9%. Without that line, the rest grew 10.4%.
- Dependence on Server Products And Cloud Services rises: from 34.9% of revenue in FY 2025 to 39.0% in FY 2026.
- Windows and Devices took away $230M in FY 2026; the other lines made up for it and revenue still rose $50.1B.
- United States brings 51.5% of sales (51.3% in FY 2025).
- Server Products And Cloud Services accounts for 61.8% of the change in revenue in FY 2026 and weighed 34.9%.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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