v3.26.1
SEGMENT INFORMATION AND GEOGRAPHIC DATA (Tables)
9 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Revenue, Cost of Revenue, Operating Expenses, and Operating Income

Segment revenue, cost of revenue, operating expenses, and operating income were as follows during the periods presented:

 

(In millions)

Three Months Ended

March 31,

 

 

 

Nine Months Ended

March 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2026

 

 

 

2025

 

 

 

2026

 

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Productivity and Business Processes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

35,013

$

29,944

 

 

$

102,149

 

 

$

87,698

 

Cost of revenue

 

 

6,197

 

 

 

5,517

 

 

 

18,028

 

 

 

16,380

 

Operating expenses

 

 

7,843

 

 

 

7,048

 

 

 

22,142

 

 

 

20,538

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

20,973

 

 

$

17,379

 

 

$

61,979

 

 

$

50,780

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intelligent Cloud

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

34,681

 

 

$

26,751

 

 

$

98,485

 

 

$

76,387

 

Cost of revenue

 

 

15,120

 

 

 

10,307

 

 

 

41,000

 

 

 

28,326

 

Operating expenses

 

 

5,808

 

 

 

5,349

 

 

 

16,468

 

 

 

15,612

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

13,753

 

 

$

11,095

 

 

$

41,017

 

 

$

32,449

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

More Personal Computing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

13,192

 

 

$

13,371

 

 

$

41,198

 

 

$

41,198

 

Cost of revenue

 

 

5,511

 

 

 

6,095

 

 

 

17,821

 

 

 

19,111

 

Operating expenses

 

 

4,009

 

 

 

3,750

 

 

 

11,739

 

 

 

11,111

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

3,672

 

 

$

3,526

 

 

$

11,638

 

 

$

10,976

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

82,886

 

 

$

70,066

 

 

$

241,832

 

 

$

205,283

 

Cost of revenue

 

 

26,828

 

 

 

21,919

 

 

 

76,849

 

 

 

63,817

 

Operating expenses

 

 

17,660

 

 

 

16,147

 

 

 

50,349

 

 

 

47,261

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

38,398

 

 

$

32,000

 

 

$

114,634

 

 

$

94,205

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue Classified by Major Geographic Areas Revenue, classified by the major geographic areas in which our customers were located, was as follows:

 

(In millions)

Three Months Ended

March 31,

 

 

 

Nine Months Ended

March 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2026

2025

 

 

 

2026

 

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

United States (a)

$

42,336

$

36,084

 

 

$

123,823

 

 

$

105,534

 

Other countries

40,550

33,982

 

 

 

118,009

 

 

 

99,749

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

82,886

$

70,066

 

 

$

241,832

 

 

$

205,283

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)
Includes billings to OEMs and certain multinational organizations because of the nature of these businesses and the impracticability of determining the geographic source of the revenue.
Revenue Classified by Significant Product and Service Offerings

Revenue, classified by significant product and service offerings, was as follows:

 

(In millions)

 

Three Months Ended

March 31,

 

 

Nine Months Ended

March 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2026

 

 

 

2025

 

 

2026

2025

 

 

Server products and cloud services

$

32,592

 

 

$

24,761

 

 

$

92,329

$

70,557

Microsoft 365 Commercial products and cloud services

 

25,593

 

 

 

21,883

 

 

74,083

 

63,449

 

Gaming

 

5,341

 

 

 

5,721

 

 

16,807

17,923

LinkedIn

 

4,832

 

 

 

4,311

 

 

14,628

 

13,190

 

Windows and Devices

 

4,041

 

 

 

4,144

 

 

13,071

 

12,985

 

Search advertising

 

 

3,808

 

 

 

3,504

 

 

 

11,317

 

 

 

10,287

 

Microsoft 365 Consumer products and cloud services

 

 

2,297

 

 

 

1,821

 

 

 

6,806

 

 

 

5,369

 

Dynamics products and cloud services

 

 

2,292

 

 

 

1,929

 

 

 

6,632

 

 

 

5,691

 

Enterprise and partner services

 

2,087

 

 

 

1,946

 

 

6,147

 

5,766

 

Other

 

3

 

 

 

46

 

 

12

 

66

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

82,886

 

 

$

70,066

 

 

$

241,832

 

$

205,283

 

 

 

 

 

 

 

 

 

 

 

 

Our Microsoft Cloud revenue, which includes Microsoft 365 Commercial cloud, Azure and other cloud services, the commercial portion of LinkedIn, and Dynamics 365, was $54.5 billion and $155.1 billion for the three and nine months ended March 31, 2026, respectively, and $42.4 billion and $122.2 billion for the three and nine months ended March 31, 2025, respectively. These amounts are included in Server products and cloud services, Microsoft 365 Commercial products and cloud services, LinkedIn, and Dynamics products and cloud services in the table above.