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Signal Ledger LabMicrosoft
MSFTSIGNAL LEDGER VALUATIONWhat the shares are worth today if management delivers the targets it has set for each business: every business valued at FY2030 and discounted back, every input cited.
Research updated 2026-10-23 03:44:21 UTCBUY below $358.34WATCHSELL above $671.89
Price viewWATCH
Buy below · 80% of FV$358.34
Sell above · 150% of FV$671.89
BUY below 80% of FV · WATCH from 80% to 150% · SELL above 150%. Thresholds use unrounded fair values.
REPORTED FIGURES / LATEST SEC FILING
What MSFT reported, business by business.
SEC 10-Q ↗ · quarter ended 2026-09-30 · filed 2026-10-28 · checked 2026-10-29 01:23 UTC; an earnings release published before the 10-Q or 10-K is not included.
- Reported revenue
- $92.279B
- Reported net income
- $36.629B
- Reported diluted EPS
- $4.92
RECONCILED Business rows reconcile to SEC revenue from the same filing and reporting period. Unverified segment profits remain blank.
Reported accounting segments, 2026-07-01 to 2026-09-30. Reported results; the valuation above uses the dated research assumptions.
| Business | Revenue | Share of revenue | Operating profit | Margin |
|---|---|---|---|---|
| Agents and Infra | $76.795B | 83.2% | $40.558B | 52.8% |
| Devices and Consumer | $15.484B | 16.8% | $5.357B | 34.6% |
| Consolidated revenue | $92.279B | 100% | — |
View reported source cells
Accession 0001193125-26-436133
Agents and Infra
Segment revenue, cost of revenue, operating expenses, and operating income were as follows during the periods presented: (In millions) Three Months Ended September 30, 2026 2025 Agents and Infra Revenue $ 76,795 … Total Revenue $ 92,279
Devices and Consumer
Segment revenue, cost of revenue, operating expenses, and operating income were as follows during the periods presented: (In millions) Three Months Ended September 30, 2026 2025 Devices and Consumer Revenue $ 15,484 … Total Revenue $ 92,279
THE COMPANY
What does Microsoft do?
Enterprise software and hyperscale cloud platform
Businesses: Productivity · Intelligent Cloud · More Personal Computing
EVIDENCE
Follow every input to its source
Read the full valuation for each business, the assumptions behind it and the cited evidence.