MSFT · 10-K · 2026A · Full report

Product Launch and Transition

MICROSOFT CORP · 2026-07-29 · Importance 50 · Surprise 58

Microsoft continued integrating OpenAI intellectual property, including models and infrastructure, into its products under an extended strategic partnership. Microsoft 365 Copilot increased revenue per user and contributed to 17% growth in Microsoft 365 Commercial cloud revenue. Microsoft 365 Commercial seats grew 6%, driven by small and medium businesses and frontline worker offerings.

Key facts

• Windows OEM and Devices revenue decreased $230 million or 1% in fiscal year 2026, while Windows OEM grew 5% and inventory levels remained elevated. source