MSFT
微軟 MICROSOFT CORP
+5.58 (+1.14%)495.88USD6.7M成交股數3.68T市值27.6本益比(近四季)11.1股價營收比+18.3%營收年增(近四季)2026-10-28下次財報
財報 SEC XBRL 申報值 · 美元 · 財年於 6 月結束
逐季數字是 10-Q 的單季值;財年第四季 XBRL 只有年度值,這裡用年度減前三季推算。年增率比的是去年同一會計季。
營收與利潤率近 16 季
稀釋 EPS近 16 季 · 美元
現金流近 16 季
股東回饋近 16 季 · 庫藏股與股利
損益表 逐季 · 最新在左 · 小字是年增率
| 科目 | 26Q4 | 26Q3 | 26Q2 | 26Q1 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營收 | 90.0B+28% | 82.9B+19% | 81.3B+24% | 77.7B+20% | 70.1B+13% | 69.6B+12% | 65.6B+16% | 64.7B+22% | 61.9B | 62.0B | 56.5B | 52.9B |
| 營業成本 | 29.5B | 26.8B | 26.0B | 24.0B | 21.9B | 21.8B | 20.1B | 19.7B | 18.5B | 19.6B | 16.3B | 16.1B |
| 毛利 | 60.5B+26% | 56.1B+17% | 55.3B+22% | 53.6B+19% | 48.1B+11% | 47.8B+13% | 45.5B+13% | 45.0B+23% | 43.4B | 42.4B | 40.2B | 36.7B |
| 毛利率 | 67.2% | 67.6% | 68.0% | 69.0% | 68.7% | 68.7% | 69.4% | 69.6% | 70.1% | 68.4% | 71.2% | 69.5% |
| 研發費用 | 10.0B | 8.9B | 8.5B | 8.1B | 8.2B | 7.9B | 7.5B | 8.1B | 7.7B | 7.1B | 6.7B | 7.0B |
| 銷售管理費用 | 2.3B | 1.9B | 1.9B | 1.8B | 1.7B | 1.8B | 1.7B | 2.2B | 1.9B | 2.0B | 1.5B | 1.6B |
| 營業利益 | 40.6B+27% | 38.4B+21% | 38.3B+25% | 38.0B+36% | 32.0B+16% | 31.7B+17% | 30.6B+14% | 27.9B+25% | 27.6B | 27.0B | 26.9B | 22.4B |
| 營業利益率 | 45.1% | 46.3% | 47.1% | 48.9% | 45.7% | 45.5% | 46.6% | 43.1% | 44.6% | 43.6% | 47.6% | 42.3% |
| 稅後淨利 | 35.8B+38% | 31.8B+32% | 38.5B+56% | 27.7B+26% | 25.8B+18% | 24.1B+10% | 24.7B+11% | 22.0B+20% | 21.9B | 21.9B | 22.3B | 18.3B |
| 淨利率 | 39.7% | 38.3% | 47.3% | 35.7% | 36.9% | 34.6% | 37.6% | 34.0% | 35.5% | 35.3% | 39.4% | 34.6% |
| 稀釋 EPS | 4.80+39% | 4.27+32% | 5.16+56% | 3.72+27% | 3.46+18% | 3.23+10% | 3.30+10% | 2.94+20% | 2.94 | 2.93 | 2.99 | 2.45 |
| 稀釋股數 | 7.45B | 7.45B | 7.46B | 7.47B | 7.46B | 7.47B | 7.47B | 7.47B | 7.47B | 7.47B | 7.46B | 7.46B |
資產負債表 期末餘額
| 科目 | 26Q4 | 26Q3 | 26Q2 | 26Q1 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 現金與約當現金 | 20.9B | 32.1B | 24.3B | 28.8B | 28.8B | 17.5B | 20.8B | 18.3B | 19.6B | 17.3B | 80.5B | 26.6B |
| 應收帳款 | 80.9B | 60.0B | 56.5B | 52.9B | 51.7B | 48.2B | 44.1B | 56.9B | 44.0B | 42.8B | 37.0B | 37.4B |
| 存貨 | 1.4B | 1.2B | 1.1B | 1.1B | 848M | 909M | 1.6B | 1.2B | 1.3B | 1.6B | 3.0B | 2.9B |
| 總資產 | 758B | 694B | 665B | 636B | 563B | 534B | 523B | 512B | 484B | 471B | 446B | 380B |
| 有息負債 | 31.1B | 31.4B | 35.4B | 35.4B | 39.9B | 39.7B | 42.9B | 42.7B | 42.7B | 44.9B | 41.9B | 42.0B |
| 總負債 | 316B | 280B | 274B | 273B | 241B | 231B | 235B | 244B | 231B | 232B | 225B | 185B |
| 股東權益 | 442B | 414B | 391B | 363B | 322B | 303B | 288B | 268B | 253B | 238B | 221B | 195B |
| 負債比 | 41.7% | 40.3% | 41.2% | 42.9% | 42.8% | 43.3% | 45.0% | 47.6% | 47.7% | 49.4% | 50.5% | 48.8% |
| 淨現金(現金 − 有息負債) | −10.1B | 682M | −11.1B | −6.5B | −11.1B | −22.2B | −22.0B | −24.4B | −23.0B | −27.6B | 38.5B | −15.4B |
現金流量表 單季
| 科目 | 26Q4 | 26Q3 | 26Q2 | 26Q1 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營業現金流 | 55.4B+50% | 46.7B+109% | 35.8B+5% | 45.1B+21% | 37.0B+16% | 22.3B+18% | 34.2B+12% | 37.2B+52% | 31.9B | 18.9B | 30.6B | 24.4B |
| 資本支出 | 35.8B | 30.9B | 29.9B | 19.4B | 16.7B | 15.8B | 14.9B | 13.9B | 11.0B | 9.7B | 9.9B | 6.6B |
| 自由現金流 | 19.6B-3% | 15.8B+144% | 5.9B-69% | 25.7B+10% | 20.3B-3% | 6.5B-29% | 19.3B-7% | 23.3B+31% | 21.0B | 9.1B | 20.7B | 17.8B |
| 折舊攤銷 | – | – | – | – | – | – | – | – | – | – | – | – |
| 買回庫藏股 | 4.6B | 4.6B | 7.4B | 5.7B | 4.8B | 5.0B | 4.1B | 4.2B | 4.2B | 4.0B | 4.8B | 5.5B |
| 現金股利 | 6.8B | 6.8B | 6.8B | 6.2B | 6.2B | 6.2B | 5.6B | 5.6B | 5.6B | 5.6B | 5.1B | 5.1B |
| 自由現金流率 | 21.8% | 19.1% | 7.2% | 33.0% | 29.0% | 9.3% | 29.4% | 36.0% | 33.9% | 14.7% | 36.6% | 33.7% |
營收拆解 2026 年度 10-K 的分部揭露 · 年增對前一年度
業務分部2026 年度 · 332B
| Productivity And Business Processes | 140B | 42.2% | +15.9% |
|---|---|---|---|
| Intelligent Cloud | 138B | 41.5% | +29.7% |
| More Personal Computing | 54.1B | 16.3% | -1.1% |
地區2026 年度 · 332B
| 美國 | 171B | 51.5% | +18.2% |
|---|---|---|---|
| 美國以外 | 161B | 48.5% | +17.4% |
產品／服務2026 年度 · 406B
| Service Other | 267B | 65.8% | +22.7% |
|---|---|---|---|
| 產品 | 64.7B | 15.9% | +1.2% |
| XBOX | 21.8B | 5.4% | -7.1% |
| Linked In Corporation | 19.8B | 4.9% | +11.3% |
| Search Advertising | 15.2B | 3.7% | +9.4% |
| Dynamics Products And Cloud Services | 9.0B | 2.2% | +15.1% |
| Enterprise And Partner Services | 8.3B | 2.0% | +6.4% |
| Other Products And Services | 109M | 0.0% | +51.4% |
| Server Products And Cloud Services 小計 | 129B | 31.9% | +31.5% |
| Microsoft Three Six Five Commercial Products And Cloud Services 小計 | 102B | 25.1% | +16.2% |
| Windows And Devices 小計 | 17.1B | 4.2% | -1.3% |
| Microsoft Three Six Five Consumer Products And Cloud Services 小計 | 9.2B | 2.3% | +23.9% |
各維度的加總不一定等於合併營收:分部有時含內部交易、地區有時只揭露主要國家。挑的是加總最接近合併營收的那個標籤。
年度 10-K
| 財年 | 營收 | 年增 | 稅後淨利 | 淨利率 | 稀釋 EPS | 自由現金流 |
|---|---|---|---|---|---|---|
| FY2026 | 332B | +17.8% | 134B | 40.3% | 17.95 | 67.0B |
| FY2025 | 282B | +14.9% | 102B | 36.1% | 13.64 | 71.6B |
| FY2024 | 245B | +15.7% | 88.1B | 36.0% | 11.80 | 74.1B |
| FY2023 | 212B | +6.9% | 72.4B | 34.1% | 9.68 | 59.5B |
| FY2022 | 198B | +18.0% | 72.7B | 36.7% | 9.65 | 65.1B |
| FY2021 | 168B | +17.5% | 61.3B | 36.5% | 8.05 | 56.1B |
| FY2020 | 143B | +13.6% | 44.3B | 31.0% | 5.76 | 45.2B |
| FY2019 | 126B | – | 39.2B | 31.2% | 5.06 | 38.3B |