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Used as the basis for XLS files it is a persistence format that supports authoring and manipulating content in workbooks and workbook templates.

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It has been a very widely applied spreadsheet for these platforms, especially since version 5 in 1993, and it has almost completely replaced Lotus 1-2-3 as the industry standard for spreadsheets. The current versions are 2010 for Microsoft Windows and 2011 for Mac OS X.

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It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.

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Microsoft Excel up until 2007 version used a proprietary binary file format called Binary Interchange File Format (BIFF) as its primary format.

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