Microsoft Cash Flow Statement
MSFT / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Microsoft generated $136.2B in operating cash flow and $71.6B in free cash flow in FY2025. Free cash flow margin was 25.4% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 36.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $101.8B | $88.1B | $72.4B | $72.7B | $61.3B | $44.3B | $39.2B | $16.6B | $25.5B | $20.5B | $12.2B | $22.1B | $21.9B | $17.0B | $23.1B |
| Operating Cash Flow | $136.2B | $118.5B | $87.6B | $89.0B | $76.7B | $60.7B | $52.2B | $43.9B | $39.5B | $33.3B | $29.7B | $32.5B | $28.8B | $31.6B | $27.0B |
| Capital Expenditures | $64.6B | $44.5B | $28.1B | $23.9B | $20.6B | $15.4B | $13.9B | $11.6B | $8.1B | $8.3B | $5.9B | $5.5B | $4.3B | $2.3B | $2.4B |
| Free Cash Flow | $71.6B | $74.1B | $59.5B | $65.1B | $56.1B | $45.2B | $38.3B | $32.3B | $31.4B | $25.0B | $23.7B | $27.0B | $24.6B | $29.3B | $24.6B |
| Share Buybacks | $18.4B | $17.3B | $22.2B | $32.7B | $27.4B | $23.0B | $19.5B | $10.7B | $11.8B | $16.0B | $14.4B | $7.3B | $5.4B | $5.0B | $11.6B |
| Dividends Paid | $24.1B | $21.8B | $19.8B | $18.1B | $16.5B | $15.1B | $13.8B | $12.7B | $11.8B | $11.0B | $9.9B | $8.9B | $7.5B | $6.4B | $5.2B |
| FCF Margin | 25.4% | 30.2% | 28.1% | 32.9% | 33.4% | 31.6% | 30.4% | 29.2% | 32.5% | 27.4% | 25.4% | 31.1% | 31.6% | 39.8% | 35.2% |