MSFT · 10-Q · 2026Q3 · Full report

Liquidity and Cash Position

MICROSOFT CORP · 2026-10-28 · Importance 38 · Surprise 24 · Matches filing data

Cash, cash equivalents, and short-term investments totaled $64.5 billion at September 30, 2026, down from $76.8 billion at June 30, 2026; equity and other investments totaled $37.8 billion. Cash from operations increased $12.9 billion to $58.0 billion for the quarter, primarily due to more cash received from customers and lower income-tax payments, partly offset by higher supplier payments. Cash used in investing increased $7.4 billion to $42.0 billion, including a $20.0 billion increase in additions to property and equipment and a $6.7 billion increase in other investing cash use, primarily to facilitate component purchases. Microsoft said existing liquidity, operating cash flows, and capital-markets access would be sufficient to fund commitments for at least the next 12 months and thereafter for the foreseeable future.

Key facts

• Microsoft cash from operations increased $12.9 billion to $58.0 billion in the three months ended September 30, 2026, mainly due to increased customer cash receipts and lower income-tax payments, partly offset by higher supplier payments. source
• Microsoft cash, cash equivalents, and short-term investments totaled $64.5 billion at September 30, 2026, compared with $76.8 billion at June 30, 2026. source
• Microsoft expected cash, cash equivalents, short-term investments, operating cash flows, and capital-market access to fund operating activities and cash commitments for at least the next 12 months and for the foreseeable future. source
• Microsoft equity and other investments were $37.8 billion at September 30, 2026, compared with $36.3 billion at June 30, 2026. source
• Microsoft cash used in financing increased $4.8 billion to $16.6 billion in the three months ended September 30, 2026, primarily due to a $4.9 billion increase in cash used for debt repayments. source

Impact estimates