Microsoft Beats Forecasts
Microsoft beat Wall Street estimates, led by cloud and AI growth despite Xbox declines.
July 29, 2026 · Updated Jul 29, 8:59pm ET
The VergeXbox revenue drops 10 percent as Microsoft’s cloud and AI business surges
FortuneMicrosoft’s cloud just hit a new milestone—Azure crosses $100 billion in annual revenue
Seattle TimesMicrosoft smashes investor forecasts in quarterly results
CNBCMicrosoft jumps 8% as it boosts capital spending plans, citing demand
ABC NewsMicrosoft beats Wall Street expectations with $90B in revenue
Business InsiderMicrosoft CFO tells employees the company's biggest AI bets are paying off
CNETMicrosoft Says Workers Are Now Using Copilot AI as Much as Teams and Outlook
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Pano rates the coverage Mostly Center.
What happened
Microsoft reported fiscal fourth-quarter revenue of $90.01 billion for the period ended June 30, up 18% year over year and above the $87.62 billion consensus. Azure surpassed $100 billion in annual revenue in fiscal 2026, with cloud revenue up 43% in the quarter. Microsoft kept its fiscal 2026 capital-spending outlook steady, citing demand for AI and cloud services. Copilot conversations per user nearly doubled year over year, while Xbox content and services revenue fell 10%.
Big Tech AI Race
Part of the storyline · Storyline →- Jul 30Amazon Boosts AI SpendingMostly Center
- Jul 29Microsoft Beats Forecasts (this story)Mostly Center
