Microsoft Corporation (MSFT) — Open Ledger

Microsoft's complete financial history, FY2020–FY2026 (through Q3), modeled as a public, auditable plain-text Beancount ledger. Part of the Open Ledger project on beancount.io — public companies' income statements and balance sheets, reconstructed line-by-line from their own SEC filings and version-controlled in git.

Companion analysis:

• Microsoft FY2025 Earnings: The $101B Profit Machine Betting Everything on AI Infrastructure
• Microsoft FY2026 Q3 Earnings

Quick Start

uvx --from beancount bean-check main.bean

Zero output means the ledger is internally consistent — every income statement sums to zero, and every balance-sheet snapshot below reconciles to Microsoft's own filed totals.

What's Inside

Microsoft's fiscal year ends June 30.

Methodology

• Balance sheet figures are asserted via pad/balance directives against each period's filed Form 10-K (or 10-Q for the current quarter) — see the source comment at the top of each period file.
• Income statement for each period is a single zero-sum transaction: Income accounts are negative (credit), Expenses positive (debit), with the arithmetic check shown in a comment directly above the transaction.
• All amounts are in MUSD (millions of US dollars); 18315 MUSD means $18.315 billion.

About Open Ledger

This repository is part of a growing library of public-company ledgers published at beancount.io/ledger — plain-text, git-versioned, and fully auditable. Explore more companies, or read the analysis behind the numbers, on the beancount.io blog.