MSFT · News · 20260804N
Revenue Performance and Mix
MICROSOFT CORP · 2026-08-04 · 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
- Management guides for 16–17% revenue growth next quarter, with Azure growth expected to accelerate to 45%. source
- Azure revenue up 43% year-over-year in the quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +14.0% | Management guides for 16–17% revenue growth next quarter, with Azure growth expected to accelerate to 45%. |