Apple vs Microsoft — Operating Cash Flow Comparison

Apple (AAPL) operating cash flow was $111.5B in FY2025 (-6% YoY); Microsoft (MSFT) operating cash flow was $182.9B in FY2026 (+34% YoY). The tables below show the complete quarterly and annual operating cash flow history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Apple	Microsoft
2026	—	$182.9B
2025	$111.5B	$136.2B
2024	$118.3B	$118.5B
2023	$110.5B	$87.6B
2022	$122.2B	$89.0B
2021	$104.0B	$76.7B
2020	$80.7B	$60.7B
2019	$69.4B	$52.2B
2018	$77.4B	$43.9B
2017	$64.2B	$39.5B
2016	$66.2B	$33.3B
2015	$81.3B	$29.1B
2014	$59.7B	$32.5B
2013	$53.7B	$28.8B
2012	$50.9B	$31.6B
2011	$37.5B	$27.0B
2010	$18.6B	$24.1B
2009	$10.2B	$19.0B
2008	$9.6B	$21.6B
2007	$5.5B	—

Apple — Annual Operating Cash Flow

Fiscal Year	Operating Cash Flow	YoY
2025	$111.5B	-6%
2024	$118.3B	+7%
2023	$110.5B	-10%
2022	$122.2B	+17%
2021	$104.0B	+29%
2020	$80.7B	+16%
2019	$69.4B	-10%
2018	$77.4B	+21%
2017	$64.2B	-3%
2016	$66.2B	-19%
2015	$81.3B	+36%
2014	$59.7B	+11%
2013	$53.7B	+6%
2012	$50.9B	+36%
2011	$37.5B	+102%
2010	$18.6B	+83%
2009	$10.2B	+6%
2008	$9.6B	+75%
2007	$5.5B

Microsoft — Annual Operating Cash Flow

Fiscal Year	Operating Cash Flow	YoY
2026	$182.9B	+34%
2025	$136.2B	+15%
2024	$118.5B	+35%
2023	$87.6B	-2%
2022	$89.0B	+16%
2021	$76.7B	+26%
2020	$60.7B	+16%
2019	$52.2B	+19%
2018	$43.9B	+11%
2017	$39.5B	+19%
2016	$33.3B	+14%
2015	$29.1B	-10%
2014	$32.5B	+13%
2013	$28.8B	-9%
2012	$31.6B	+17%
2011	$27.0B	+12%
2010	$24.1B	+26%
2009	$19.0B	-12%
2008	$21.6B

Source: AAPL on EDGAR · MSFT on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.