Microsoft (MSFT) executive compensation, 2026 proxy

Satya Nadella, Chairman and Chief Executive Officer, was paid $90.6M in fiscal year 2026, down 6% from $96.5M the year before. The CEO-to-median-employee pay ratio was 421:1, on median employee pay of $215,057.

Filed
October 21, 2026
Annual meeting
December 8, 2026
Pay year
fiscal year 2026
Named executives
5
CEO total pay
$90.6M-6% vs prior year
CEO to median employee
421:1median $215,057
CEO pay in equity
86%$77.6M in awards
Prior say-on-pay support
91%of votes cast
CEO target cash incentive
$7,500,000Fiscal 2026 target
CEO fiscal 2026 PSA grant value
$77,570,774Summary Compensation Table
Microsoft Cloud revenue
$214.4 billionIncreased 27%
Diluted earnings per share
$17.95Increased 32%

How Nadella was paid

$90.6M in total for fiscal year 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary3%Stock awards86%Non-equity incentive11%All other compensation0%

Named executive officers

ExecutiveTotal
Satya NadellaChairman and Chief Executive Officer$90,628,977
Amy E. HoodExecutive Vice President and Chief Financial Officer$33,716,789
Judson B. AlthoffChief Executive Officer, Microsoft Commercial Business$33,437,427
Takeshi NumotoExecutive Vice President and Chief Marketing Officer$15,724,236
Bradford L. SmithVice Chair and President$33,069,413

What changed and why

  • $90.6M$90,628,977 was CEO Satya Nadella’s fiscal 2026 total compensation, compared with $96,496,790 in fiscal 2025.
  • $331.8BMicrosoft reported strong fiscal 2026 results: revenue of $331.8 billion, operating income of $155.2 billion, and net income of $133.7 billion.
  • 18%Fiscal 2026 performance highlights included 18% revenue growth and 21% operating income growth year over year.
  • 91%At the 2025 Annual Meeting, over 91% of votes cast supported the say-on-pay resolution.
  • The Compensation Committee made no substantial changes to the executive compensation program for fiscal 2026.
  • Fiscal 2027 program changes are noted, but details are not included in the provided excerpt.

Other Microsoft proxy statements

  • 2025 proxy statement

    Satya Nadella paid $96.5M (+22% on the year), pay ratio 480:1.

    Filed Oct 21, 2025

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.