Overview

• Intelligent Cloud revenue climbed 25% to $29.9 billion, with Azure growing 39% and annual sales topping $75 billion
• Net income rose 23% to $27.2 billion, and diluted earnings per share of $3.65 beat analyst forecasts
• Collaborations with OpenAI and xAI and deeper Copilot integration in Edge exemplify Microsoft’s push to embed AI across its software ecosystem
• Executives project that heavy infrastructure investments could shrink operating margins by up to 150 basis points in fiscal 2026
• Shares jumped over 6% in after-hours trading, briefly placing Microsoft alongside Nvidia with a market capitalization near $4 trillion