DCF
Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.
-13.61%
US · US
MSFT.US latest organized financial period shows revenue grew +14.93% YoY and net income grew +15.54% YoY. Current price is about 425 USD, while the model base case is about 314 USD; the current price sits +35.4% versus the base case. The page shows both reported and adjusted views; valuation still defaults to reported figures, while adjusted figures help isolate structured one-time-item impact. This summary is intended for public-information research and model review.
Annual financial metrics with switchable views. · Unit: USD
Price date: 2026/04/29 · Updated: 2026/04/29 15:22
Hover each model row to inspect formulas and inputs.
+35.45%
Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.
-13.61%
Uses recent net income as an owner-earnings proxy and discounts scenario growth.
-17.53%
Solves the forward FCF growth rate implied by the current price.
Current price implies roughly 14.1% annualized FCF growth.
Estimates earnings power value without assuming growth.
+213%
Updated: 2026/04/29 15:22
Collapsed by default. Expand to inspect structured one-time items and adjusted figures without making them the primary page focus.
A positive amountAfterTax means the item increased reported net income; a negative value means it reduced reported net income. Adjusted net income = reported net income minus total after-tax impact. Valuation defaults to reported figures; adjusted figures are shown to observe one-time-item impact.
| Period | Item | Category | After-tax impact | Confidence |
|---|---|---|---|---|
| 2023/06/30 | Severance costs | Restructuring | -632M USD | Medium |
| 2026/03/31 | OpenAI investment impact | Strategic investment impact | -14M USD | High |
| 2025/12/31 | OpenAI investment impact | Strategic investment impact | 8B USD | High |
| 2025/09/30 | OpenAI investment impact | Strategic investment impact | -3B USD | High |
| 2025/03/31 | OpenAI investment impact | Strategic investment impact | -583M USD | High |
| 2024/12/31 | OpenAI investment impact | Strategic investment impact | -939M USD | High |
| 2024/09/30 | OpenAI investment impact | Strategic investment impact | -523M USD | High |
| Period | Type | Revenue | Net Income | Adjusted net income | Free Cash Flow | Diluted EPS | Adjusted EPS |
|---|---|---|---|---|---|---|---|
| 2025/06/30 | Annual | 282B USD | 102B USD | - | 72B USD | 13.64 | - |
| 2024/06/30 | Annual | 245B USD | 88B USD | - | 74B USD | 11.8 | - |
| 2023/06/30 | Annual | 212B USD | 72B USD | 73B USD | 59B USD | 9.68 | 9.76 |
| 2022/06/30 | Annual | 198B USD | 73B USD | - | 65B USD | 9.65 | - |
| 2021/06/30 | Annual | 168B USD | 61B USD | - | 56B USD | 8.05 | - |
Total revenue recognized in each fiscal year.
Adjusted close trend. Current price sample covers: 2025/04/16 - 2026/04/29.