Overview

• Shares jumped nearly 5% after Q4 results lifted Microsoft’s market cap past $4 trillion, making it only the second company to reach that milestone
• The company reported earnings per share of $3.65 and revenue of $76.4 billion, beating estimates and marking an 18% year-over-year increase
• Azure and other cloud services accelerated 39% in the quarter—their fastest pace since 2022—as Azure topped $75 billion in annual revenue with 34% growth
• Microsoft plans to deploy $30 billion in capital expenditures this quarter alone to expand data-center capacity for its AI infrastructure
• CEO Satya Nadella acknowledged ongoing supply constraints that have driven partners like OpenAI to use rival clouds such as Oracle to meet compute needs