Microsoft (MSFT) Q3 2026 Earnings

Yes. Microsoft reported Q3 2026 earnings of $4.27 a share on Apr 29, 2026, beating the $4.09 consensus estimate by 4.4%. Revenue was $82.9B against a $81.4B estimate.

Microsoft delivered a standout fiscal third quarter of 2026, posting earnings per share of $4.27 and beating the $4.07 consensus estimate by 4.90%, marking the fourth consecutive quarter the company has topped Wall Street's EPS expectations. Revenue climbed 18.3% year-over-year to $82.89 billion, edging past the $81.43 billion consensus by 1.79%, as the company's Intelligent Cloud segment proved the primary engine of growth, generating $34.68 billion in revenue, up 30%, with Azure and other cloud services expanding 40%. Microsoft's AI business crossed a $37.00 billion annualized revenue run rate, growing 123% year-over-year, underscoring deepening enterprise adoption of the company's platform, a trend evident even beyond its own results as customers across industries accelerate AI integration into core workflows. Commercial remaining performance obligations nearly doubled to $627.00 billion, signaling robust long-term demand. GAAP net income rose 23% to $31.78 billion, and while the company deferred specific forward guidance to its earnings call, the scale of its infrastructure commitment, with capital expenditures reaching $30.88 billion, signals continued aggressive investment ahead.