Microsoft Quarterly Profit Soars as Cloud Growth Accelerates
Microsoft reported a quarterly profit of $36.6 billion, beating Wall Street expectations, driven by growth in its Azure cloud computing division, which grew 48%. The company's quarterly revenue was $92.3 billion. Microsoft's cloud growth accelerated, contributing to the company's strong earnings report.
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- β Microsoft's quarterly profit was $36.6 billion.
- β Microsoft's quarterly revenue was $92.3 billion.
- β Azure cloud computing division grew 48%.
What changed
Microsoft's quarterly profit and revenue beat Wall Street expectations, driven by accelerated growth in its cloud computing division.
Live updates
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Microsoft Quarterly Profit Soars as Cloud Growth Accelerates
Microsoft reported a quarterly profit of $36.6 billion, beating Wall Street expectations, driven by growth in its Azure cloud computing division, which grew 48%. The company's quarterly revenue was $92.3 billion. Microsoft's cloud growth accelerated, contributing to the company's strong earnings report.
Why it matters
Microsoft's strong earnings report is significant as it highlights the company's successful transition to cloud-based services. The company's Azure cloud computing division has been a key driver of growth, competing with Amazon Web Services and Google Cloud. This growth has helped Microsoft's stock price, which jumped 4% following the earnings report.
What is confirmed
- Microsoft's quarterly profit was $36.6 billion.
- Microsoft's quarterly revenue was $92.3 billion.
- Azure cloud computing division grew 48%.
What to watch next
- Microsoft's future cloud growth prospects
- Competition from Amazon Web Services and Google Cloud
- Impact of employee buyout offers on Microsoft's workforce
confidence 80%Sources used for this update (13)
- economictimes.indiatimes.com β Business News Live, Share Market News - Read Latest Finance News, IPO ...
- finance.yahoo.com β Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- www.zacks.com β Zacks Investment Research: Stock Research, Analysis, & Recommendations
- stocktwits.com β Stocktwits - Stock Market Live Quotes, Social Community...
- seekingalpha.com β Patient Capital Management Q3 2026 Commentary
- Yahoo Finance β Microsoft earnings live: Microsoft beats Q1 expectations on top and bottom line on AI growth
- CNBC β Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
- WSJ β Microsoft Quarterly Profit Soars as Cloud Growth Accelerates
- BBC β Microsoft posts $33.6bn profit after offering buyouts to one in four workers
- Gizmodo β Microsoft Posts Record Revenue Despite Employee Buyout Offers
- www.businesstimes.com.sg β Meta rolls out consumer AI agent in Singapore amid global safety, retail pushback
- www.home.saxo β Amazon earnings: why strong growth was not enough | Saxo
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