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Microsoft research and development expense, 2008–2026

Microsoft reported research and development expense of $35.6 billion for the fiscal year ended June 30, 2026, up 9.5% from $32.5 billion the year before, according to its Form 10-K.

$35.6Blatest fiscal year (ended June 30, 2026)
+9.5%change from the year before
$35.6Bhighest year shown (2026)
2008: $8.16B 2009: $9.01B ’09 2010: $8.71B 2011: $9.04B ’11 2012: $9.81B 2013: $10.4B ’13 2014: $11.4B 2015: $12.0B ’15 2016: $12.0B 2017: $13.0B ’17 2018: $14.7B 2019: $16.9B ’19 2020: $19.3B 2021: $20.7B ’21 2022: $24.5B 2023: $27.2B ’23 2024: $29.5B 2025: $32.5B ’25 2026: $35.6B ’26

Fiscal years labeled by the year in which they ended. Bars drawn from the table below.

Microsoft research and development expense by fiscal year

Fiscal year endedR&D expenseChangeFiling
June 30, 2026 $35.6B +9.5% 10-K (2026) ↗
June 30, 2025 $32.5B +10.1% 10-K (2026) ↗
June 30, 2024 $29.5B +8.5% 10-K (2026) ↗
June 30, 2023 $27.2B +10.9% 10-K (2025) ↗
June 30, 2022 $24.5B +18.3% 10-K (2024) ↗
June 30, 2021 $20.7B +7.5% 10-K (2023) ↗
June 30, 2020 $19.3B +14.2% 10-K (2022) ↗
June 30, 2019 $16.9B +14.6% 10-K (2021) ↗
June 30, 2018 $14.7B +13.0% 10-K (2020) ↗
June 30, 2017 $13.0B +8.8% 10-K (2019) ↗
June 30, 2016 $12.0B −0.5% 10-K (2018) ↗
June 30, 2015 $12.0B +5.8% 10-K (2017) ↗
June 30, 2014 $11.4B +9.3% 10-K (2016) ↗
June 30, 2013 $10.4B +6.1% 10-K (2015) ↗
June 30, 2012 $9.81B +8.5% 10-K (2014) ↗
June 30, 2011 $9.04B +3.8% 10-K (2013) ↗
June 30, 2010 $8.71B −3.3% 10-K (2012) ↗
June 30, 2009 $9.01B +10.4% 10-K (2011) ↗
June 30, 2008 $8.16B — 10-K (2010) ↗

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FAQ

Q What was Microsoft's research and development expense in its latest fiscal year?

A Microsoft reported research and development expense of $35.6 billion for the fiscal year ended June 30, 2026, up 9.5% from $32.5 billion the year before, according to its Form 10-K.

Q What is Microsoft's highest annual research and development expense on record here?

A $35.6 billion, in the fiscal year ended June 30, 2026, among the fiscal years 2008–2026 reported in its 10-K XBRL data.

Q Where does this research and development expense data come from?

A From Microsoft's annual reports on Form 10-K, as tagged in XBRL and published by the SEC (company facts). Research and development expense as reported in the income statement.

Source: Microsoft's annual reports on Form 10-K via SEC XBRL company facts, updated Oct. 15, 2026. Research and development expense as reported in the income statement. For each year the most recent 10-K that reports it is used, so a figure a company later restated shows the restated value; the filing link shows which report it came from. Change is our arithmetic. Financial data, not investment advice.