Rare

Part of Microsoft Gaming. Microsoft · NASDAQ: MSFT

Follow Rare

On Steam nowNot on SteamNone of its games has a Steam player count

New builds, 7 daysNo public feedNo public source for its games' builds

Layoffs declared, 12 months02 notices, latest Sep 22 · 882 in a parent company's notices that don't name a division

Latest resultsJul 29SEC 10-K · Reported by Microsoft

Open rolesNo public feedNo public hiring feed we can read

Latest on Rare

Tuesday, Sep 22

MicrosoftMicrosoft files notice for 277 layoffs in Washington, listed under RedmondWARN notice

Results

Rare doesn't file with the SEC under its own name. Every figure here is Microsoft's, for the whole company.

Revenue$331.84 billionYear to Jun 30, 2026 · +17.79% year over year

Operating income$155.24 billionYear to Jun 30, 2026 · +20.78% year over year

Net income$133.75 billionYear to Jun 30, 2026 · +31.34% year over year

Annual revenue

Year to Jun 30, 2019$125.84 billion

Year to Jun 30, 2020$143.02 billion

Year to Jun 30, 2021$168.09 billion

Year to Jun 30, 2022$198.27 billion

Year to Jun 30, 2023$211.92 billion

Year to Jun 30, 2024$245.12 billion

Year to Jun 30, 2025$281.72 billion

Year to Jun 30, 2026$331.84 billion

Annual net income

Year to Jun 30, 2019$39.24 billion

Year to Jun 30, 2020$44.28 billion

Year to Jun 30, 2021$61.27 billion

Year to Jun 30, 2022$72.74 billion

Year to Jun 30, 2023$72.36 billion

Year to Jun 30, 2024$88.14 billion

Year to Jun 30, 2025$101.83 billion

Year to Jun 30, 2026$133.75 billion

Recent quarters

Quarter endedRevenueR&D

Sep 30, 2024$65.59 billion$7.54 billion

Dec 31, 2024$69.63 billion$7.92 billion

Mar 31, 2025$70.07 billion$8.2 billion

Jun 30, 2025In the annual report—

Sep 30, 2025$77.67 billion$8.15 billion

Dec 31, 2025$81.27 billion$8.5 billion

Mar 31, 2026$82.89 billion$8.92 billion

Jun 30, 2026In the annual report—

A company reports its fourth quarter inside the annual report, not on its own, so those rows show no figure.

SEC EDGAR XBRL financial data · filed Jul 29, 2026

Share price, Microsoft

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Prices by TradingView

Where the cash went

Key concepts: Buyback Dividend Dilution Stock-based pay Impairment

Rare doesn't file with the SEC under its own name. Every figure here is Microsoft's, for the whole company.

Operating cash flow

Year to Jun 30, 2019$52.19 billion

Year to Jun 30, 2020$60.68 billion

Year to Jun 30, 2021$76.74 billion

Year to Jun 30, 2022$89.04 billion

Year to Jun 30, 2023$87.58 billion

Year to Jun 30, 2024$118.55 billion

Year to Jun 30, 2025$136.16 billion

Year to Jun 30, 2026$182.94 billion

Buybacks

$22.27 billion · Year to Jun 30, 2026

Dividends

$26.45 billion · Year to Jun 30, 2026

Acquisitions

Nothing published for the year to Jun 30, 2026. Last on file: $71 million, year to Jun 30, 2011.

Capex

$115.95 billion · Year to Jun 30, 2026

Restructuring

Nothing published for the year to Jun 30, 2026. Last on file: $0, year to Jun 30, 2019.

Stock pay against buybacks, and diluted shares

Stock pay

Year to Jun 30, 2019$4.65 billion

Year to Jun 30, 2020$5.29 billion

Year to Jun 30, 2021$6.12 billion

Year to Jun 30, 2022$7.5 billion

Year to Jun 30, 2023$9.61 billion

Year to Jun 30, 2024$10.73 billion

Year to Jun 30, 2025$11.97 billion

Year to Jun 30, 2026$12.41 billion

Buybacks

Year to Jun 30, 2019$19.54 billion

Year to Jun 30, 2020$22.97 billion

Year to Jun 30, 2021$27.39 billion

Year to Jun 30, 2022$32.7 billion

Year to Jun 30, 2023$22.25 billion

Year to Jun 30, 2024$17.25 billion

Year to Jun 30, 2025$18.42 billion

Year to Jun 30, 2026$22.27 billion

Diluted shares outstanding

Goodwill impairments

Year to Jun 30, 2012$6.19 billionSEC EDGAR ↗

Stock pay ÷ revenue stock_pay / revenue: 3.7% 10-K FY to Jun 30, 2026
Buybacks ÷ operating cash flow buybacks / operating_cash_flow: 12.2% 10-K FY to Jun 30, 2026

Events we recorded, same window

1M 3M 12M 5Y

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Rare · Layoffs 1

Events we recorded for Rare, 3M
Rare · Layoffs	Tue Sep 22: Microsoft · WA

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Timeline

studio nameddivision not namednot collected yet

Filings 4

Layoffs 277 Builds 0

Steam players

Job postings

Rare: filings, layoffs, builds, Steam players and job postings, 90d
Filings	Wed Oct 21: Microsoft DEF 14A; Wed Sep 2: Microsoft 8-K · reg fd disclosure; Wed Jul 29: Microsoft 10-K; Wed Jul 29: Microsoft 8-K · results
Layoffs	Tue Sep 22: Microsoft · Washington · division not named · Received Sep 22
Builds	No data
Steam players	Not on Steam
Job postings	No public hiring feed we can read

Filings are Microsoft's: Rare doesn't file with the SEC under its own name.

Games

players: data from Steam

No games tracked for Rare yet.