Microsoft Corporation

Microsoft closed fiscal Q4 2026 with a decisive beat on both top and bottom lines, extending its consecutive EPS beat streak to five quarters and reinforcing its standing as one of the most consistent large-cap earners in the technology sector. The company posted revenue of $90.01 billion, up 17.8% year-over-year and ahead of the $87.63 billion consensus by 2.71%, while non-GAAP diluted EPS of $4.74 cleared the $4.24 estimate by 11.81%, aided in part by a $3.20 billion gain from its investment in Anthropic and lower-than-expected Voluntary Retirement Program costs. The primary engine of outperformance was the Intelligent Cloud segment, which generated $39.31 billion in revenue, up 32%, as Azure grew 43% and crossed $100.00 billion in full-year revenue. Microsoft Cloud revenue reached $59.30 billion, up 27%, while commercial remaining performance obligations surged 84% to $678.00 billion, a figure that points to substantial contracted revenue on the horizon. Microsoft 365 Copilot passed 30 million paid seats during the quarter, underscoring accelerating enterprise AI adoption. Full-year capital expenditures reached $115.95 billion as the company continues building out cloud and AI infrastructure at scale; specific numerical guidance for the coming quarter was reserved for the earnings conference call.