As of Q2'26 (2025-12-31), Microsoft’s operating income reached 38.28B USD, marking the highest value in the period covered. The year-over-year growth rate for this quarter was 20.9%, reflecting continued strong financial performance. From Q3'23 to Q2'26, Microsoft’s operating income demonstrated a consistent upward trajectory, rising from 22.35B USD to 38.28B USD. The growth rate peaked at 32.5% in Q2'24 before moderating to the 13–24% range in subsequent quarters, indicating robust but gradually stabilizing expansion. This sustained increase highlights Microsoft’s ability to drive operational profitability over the observed period.