MSFT · News · 20260803N
Revenue Performance and Mix
MICROSOFT CORP · 2026-08-03 · Importance 45 · Surprise 40 · No source text
Microsoft reported fiscal 2026 revenue of $331.8 billion, up 18% year over year. Azure and other cloud services revenue increased 43% year over year in the fiscal fourth quarter, while full-year Azure growth reached 41%. Azure annual revenue exceeded $100 billion for the first time, and Microsoft Cloud revenue exceeded $214 billion. Dynamics 365 revenue growth slowed to 13% in the fourth quarter, although ERP demand remained healthy and adoption of Fabric and Foundry increased.
Key facts
- Microsoft reported Q4 revenue of $90 billion (+18% YoY) and EPS of $4.81 in fiscal Q4 results in one report. source
- Management projects double-digit revenue and operating income growth for FY27, with Azure growth expected to accelerate further. source
- John G Ullman & Associates Inc. reduced its stake in Microsoft by 7.3% in the first quarter, selling 2,276 shares and retaining 29,035 shares valued at approximately $10.75 million, while Microsoft reported $90.01 billion in revenue and $4.74 adjusted EPS. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +16.6% | Microsoft reported Q4 revenue of $90 billion (+18% YoY) and EPS of $4.81 in fiscal Q4 results in one report. |
| revenue | positive | probable | — | Management projects double-digit revenue and operating income growth for FY27, with Azure growth expected to accelerate further. |
| operating_income | positive | probable | — | Management projects double-digit revenue and operating income growth for FY27, with Azure growth expected to accelerate further. |