Microsoft (MSFT) revenue breakdown
By segment, Productivity and Business Processes is the largest at 42% of fiscal 2026 revenue; Intelligent Cloud grew fastest, 20% a year over 7 years.
By product, Server Products and Cloud Services is the largest at 39% of fiscal 2026 revenue, growing 22% a year over 7 years.
Revenue by segment
Fiscal years, as Microsoft reports them in its 10-K filings; fiscal 2026 total $331.8B.
| Segments | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Productivity and Business Processes | $41.2B | $46.4B | $53.9B | $63.4B | $94.2B | $106.8B | $120.8B | $140.0B | 42% |
| Intelligent Cloud | $39.0B | $48.4B | $59.7B | $75.0B | $72.9B | $87.5B | $106.3B | $137.8B | 42% |
| More Personal Computing | $45.7B | $48.3B | $54.4B | $59.9B | $44.8B | $50.8B | $54.6B | $54.1B | 16% |
Revenue by product
Fiscal years, as Microsoft reports them in its 10-K filings; fiscal 2026 total $331.8B.
| Products | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Server Products and Cloud Services | $32.6B | $41.4B | $52.6B | $67.3B | $65.0B | $79.8B | $98.4B | $129.4B | 39% |
| Microsoft 365 Commercial Products and Cloud Services | — | — | — | — | $66.9B | $77.0B | $87.8B | $102.0B | 31% |
| XBOX | $11.4B | $11.6B | $15.4B | $16.2B | $15.5B | $21.5B | $23.5B | $21.8B | 7% |
| $6.8B | $8.1B | $10.3B | $13.6B | $15.0B | $16.4B | $17.8B | $19.8B | 6% | |
| Windows and Devices | — | — | — | — | $17.1B | $17.0B | $17.3B | $17.1B | 5% |
| Search advertising | $7.6B | $8.5B | $9.3B | $11.5B | $12.1B | $12.3B | $13.9B | $15.2B | 5% |
| Microsoft 365 Consumer products and cloud services | — | — | — | — | $6.4B | $6.6B | $7.4B | $9.2B | 3% |
| Dynamics products and cloud services | — | — | $3.8B | $4.7B | $5.8B | $6.8B | $7.8B | $9.0B | 3% |
| Enterprise and partner services | $6.1B | $6.4B | $6.9B | $7.6B | $7.9B | $7.6B | $7.8B | $8.3B | 2% |
| Other | $3.1B | $3.8B | $373M | $233M | $119M | $45M | $72M | $109M | 0% |
| Office Products and Cloud Services | $31.8B | $35.3B | $39.9B | $45.0B | — | — | — | — | — |
| Windows | $20.4B | $21.5B | $22.5B | $24.7B | — | — | — | — | — |
| Devices | $6.1B | $6.5B | $7.1B | $7.3B | — | — | — | — | — |
Revenue by region
Fiscal years, as Microsoft reports them in its 10-K filings; fiscal 2026 total $331.8B.
| Regions | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|
| United States | $64.2B | $73.2B | $84.0B | $100.2B | $106.7B | $124.7B | $144.5B | $170.8B | 51% |
| Other Countries | $61.6B | $69.9B | $84.1B | $98.1B | $105.2B | $120.4B | $137.2B | $161.0B | 49% |
Questions
Where does Microsoft make its money?
In fiscal 2026, by segment: Productivity and Business Processes $140.0B, Intelligent Cloud $137.8B, More Personal Computing $54.1B.
From Microsoft's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.