Microsoft Corp.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $20.94B | $30.24B | $18.32B | $34.70B | $13.93B | $14.22B | $13.58B | $11.36B |
| Accounts Receivable | $80.88B | $69.91B | $56.92B | $48.69B | $44.26B | $38.04B | $32.01B | $29.52B |
| Inventory | $1.40B | $938.0M | $1.25B | $2.50B | $3.74B | $2.64B | $1.90B | $2.06B |
| Total Current Assets | $207.71B | $191.13B | $159.73B | $184.26B | $169.68B | $184.41B | $181.92B | $175.55B |
| Property, Plant & Equipment | $313.08B | $204.97B | $135.59B | $95.64B | $74.40B | $59.72B | $44.15B | $36.48B |
| Goodwill | $119.65B | $119.51B | $119.22B | $67.89B | $67.52B | $49.71B | $43.35B | $42.03B |
| Intangible Assets (Excl. Goodwill) | $18.61B | $22.60B | $27.60B | $9.37B | $11.30B | $7.80B | $7.04B | $7.75B |
| Total Assets | $758.38B | $619.00B | $512.16B | $411.98B | $364.84B | $333.78B | $301.31B | $286.56B |
| Liabilities | ||||||||
| Accounts Payable | $42.42B | $27.72B | $22.00B | $18.10B | $19.00B | $15.16B | $12.53B | $9.38B |
| Total Current Liabilities | $168.83B | $141.22B | $125.29B | $104.15B | $95.08B | $88.66B | $72.31B | $69.42B |
| Long-Term Debt | $31.07B | $40.15B | $42.69B | $41.99B | $47.03B | $50.07B | $59.58B | $66.66B |
| Total Liabilities | $315.99B | $275.52B | $243.69B | $205.75B | $198.30B | $191.79B | $183.01B | $184.23B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $328.27B | $237.73B | $173.14B | $118.85B | $84.28B | $57.06B | $34.57B | $24.15B |
| Total Stockholders' Equity | $442.39B | $343.48B | $268.48B | $206.22B | $166.54B | $141.99B | $118.30B | $102.33B |
You never know who's swimming naked until the tide goes out.