As of Q2'26 (2025-12-31), Microsoft’s gross margin stands at 68.0%, operating margin at 47.1%, and net profit margin at 47.3%. This latest quarter marks a notable increase in net profit margin compared to previous periods, while gross and operating margins remain strong and stable. From Q3'23 to Q2'26, Microsoft’s profit margins have demonstrated overall resilience, with gross margin consistently around 68-71% and operating margin generally improving from 42.3% to 47.1%. The net profit margin showed moderate fluctuations but surged sharply in the most recent quarter, jumping from the mid-30% range to 47.3%, indicating a significant improvement in profitability. This trend highlights Microsoft’s ability to maintain high efficiency and profitability over the observed period.