However, the Favorites folder location for Microsoft Edge browser has changed. In IE, the Favorites folder is located in %UserProfile%\Favorites, in which you can find all the Internet shortcuts of the web pages saved as Favorites. In Edge, the Favorites folder is now located at %UserProfile%\AppData\Local\Packages\Microsoft.MicrosoftEdge_8wekyb3d8bbwe\AC\MicrosoftEdge\User\Default\Favorites.