Microsoft (MSFT) r&d spend was $32.5B in FY2025 (+10% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$32.5B
+10%
2024
$29.5B
+9%
2023
$27.2B
+11%
2022
$24.5B
+18%
2021
$20.7B
+8%
2020
$19.3B
+14%
2019
$16.9B
+15%
2018
$14.7B
+13%
2017
$13.0B
+9%
2016
$12.0B
-0%
2015
$12.0B
+6%
2014
$11.4B
+9%
2013
$10.4B
+6%
2012
$9.8B
+8%
2011
$9.0B
+4%
2010
$8.7B
-3%
2009
$9.0B
+10%
2008
$8.2B
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$8.9B
Q4 2025
$8.5B
Q3 2025
$8.1B
Q2 2025
$8.8B
Q1 2025
$8.2B
Q4 2024
$7.9B
Q3 2024
$7.5B
Q2 2024
$8.1B
Q1 2024
$7.7B
Q4 2023
$7.1B
Q3 2023
$6.7B
Q2 2023
$6.7B
Source: MSFT on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.