Microsoft said Azure revenue topped $100 billion in fiscal 2026.
Why it matters: The results give Wall Street a fresh read on enterprise cloud demand, AI monetization and Microsoft’s capex discipline. They also show whether customers are still funding big infrastructure builds and paying for AI tools.
- Microsoft reported fiscal fourth-quarter revenue of $90.0 billion for April-June 2026, above analyst expectations of about $87.6 billion.
- Microsoft Cloud revenue reached $59.3 billion, up 27% year over year, while Azure and other cloud services revenue grew 43%.
- CEO Satya Nadella said Azure revenue surpassed $100 billion for the first time in fiscal 2026, and Microsoft 365 Copilot topped 30 million paid seats.
- Microsoft said capital expenditures were $41 billion in the quarter and reaffirmed its 2026 spending plans.
Microsoft's latest quarter reinforced its role as a bellwether for enterprise software, cloud infrastructure and AI monetization. The company said fiscal fourth-quarter revenue reached $90.0 billion in the April-June 2026 period, above analyst expectations of about $87.6 billion, according to AP.
Microsoft also said Microsoft Cloud revenue rose to $59.3 billion, up 27% from a year earlier. Azure and other cloud services revenue grew 43% in the quarter, AP reported.
CEO Satya Nadella said Azure revenue surpassed $100 billion for the first time in fiscal 2026, and Microsoft 365 Copilot reached more than 30 million paid seats. Microsoft said capital expenditures totaled $41 billion and reaffirmed its 2026 spending outlook.
Axios reported that Microsoft also recorded a $3.2 billion gain from its stake in Anthropic, and that the company forecast current-quarter revenue of roughly $89.85 billion to $90.95 billion. Axios
By the numbers
- $90.0 billion - Microsoft fiscal fourth-quarter revenue, above the roughly $87.6 billion analyst estimate.
- 59.3 billion - Microsoft Cloud revenue, up 27% year over year.
- $41 billion - Quarterly capital expenditures, with 2026 spending plans reaffirmed.
Yes, but: The Azure milestone is a cumulative fiscal-year revenue figure, not a new annual run-rate or a standalone quarterly number.
What's next: Microsoft said it expects current-quarter revenue of about $89.85 billion to $90.95 billion.