As of Q2'26 (2025-12-31), Microsoft's latest Operating ROA stands at 5.78%, with ROE at 9.84% and ROIC at 5.65%. This represents a notable uptick in both ROA and ROE compared to the preceding quarter, while ROIC has declined slightly. Over the period from Q3'23 to Q2'26, the chart reveals a generally stable but slightly declining trend in Operating ROA and ROIC, punctuated by a sharp increase in both metrics at the latest data point. ROE exhibited more volatility, peaking in Q1'24 and Q2'26, but otherwise trending downward. The recent surge in ROA and ROE suggests a significant improvement in operational efficiency or profitability in the most recent quarter, reversing the prior downward momentum observed throughout 2024 and 2025.