Microsoft announced its results for July–September 2026. Revenue and net income exceeded market expectations, driven by higher revenue from its AI cloud business.
Microsoft reported revenue of $92.279 billion for July–September 2026, up 19% year on year, and net income of $36.6 billion, up 32%. Growth in its AI cloud business drove the overall increase in earnings.
Both revenue and net income exceeded market expectations, and the share price temporarily rose approximately 5% in after-hours trading in the US equity market. The article also mentioned that capital expenditure fell below plan.
Revenue from the AI cloud business was expected to increase by approximately 50%, and it was explained that Microsoft’s growth rate was accelerating. The overall sales mix and profit margins were affected by the individual segments.
The article body had not been read through regarding future developments, but trends in AI-related investment and cloud demand were expected to be the focus.