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Microsoft Q3 2026 earnings beat on cloud and AI growth [Yahoo! Finance]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Wall Street had been looking for revenue of $81.39 billion and earnings of $4.06 per share, per CNBC Compared with $25.82 billion earned in the same period last year, net income climbed to $31.78 billion in the quarter that closed March 31. Microsoft returned $10.2 billion to shareholders through dividends and stock repurchases during the quarter. Microsoft's AI business surpassed an annual revenue run rate of $37 billion, up 123% year over year, CEO Satya Nadella said in a statement. Adoption of the 365 Copilot AI add-on for commercial Office users has reached more than 20 million seats, a jump from the 15 million figure the company shared in January, according to CNBC Growth of 40% in Azure and other cloud services cleared the roughly 39% analysts had penciled in. Revenue for the wider Intelligent Cloud segment — covering Azure, server products, and the GitHub and Nuance cloud services — came in at $34.68 billion, a 30% increase from a year ago. At $35.01 billion, up roughly
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