Microsoft (NASDAQ: MSFT) has a market capitalization of approximately $2.98 trillion as of February 2026. The company is the world's fourth-largest by market cap, trailing Apple, NVIDIA, and Alphabet. For more on how Microsoft stacks up against peers, see this competitive analysis from Quantumrun.
Earnings of Microsoft
Annual Earnings Of Microsoft
| Fiscal Year | Net Income (USD) | YoY Change |
|---|---|---|
| FY 2016 | $20.54B | +68.50% |
| FY 2017 | $25.49B | +24.10% |
| FY 2018 | $16.57B | -35.00% |
| FY 2019 | $39.24B | +136.81% |
| FY 2020 | $44.28B | +12.85% |
| FY 2021 | $61.27B | +38.37% |
| FY 2022 | $72.74B | +18.72% |
| FY 2023 | $72.36B | -0.52% |
| FY 2024 | $88.14B | +21.80% |
| FY 2025 | $101.83B | +15.54% |
Microsoft P/E Ratio
| Fiscal Year | P/E Ratio | YoY Change |
|---|---|---|
| FY 2016 | 19.74 | -33.32% |
| FY 2017 | 20.95 | +6.10% |
| FY 2018 | 45.82 | +118.74% |
| FY 2019 | 26.53 | -42.10% |
| FY 2020 | 34.97 | +31.83% |
| FY 2021 | 33.37 | -4.59% |
| FY 2022 | 26.47 | -20.68% |
| FY 2023 | 35.04 | +32.40% |
| FY 2024 | 38.51 | +9.89% |
| FY 2025 | 36.31 | -5.72% |
