Microsoft reported record quarterly revenue of $92.3 billion, up 19% year over year, its 10th straight quarter of record revenue, and net income of $36.6 billion, up 32% on a GAAP basis. Microsoft Cloud revenue reached $63.9 billion, up 30%, with Azure at $33.2 billion and Microsoft 365 nearly $28 billion, though the article notes not all of this is AI-related. Devices and Consumer revenue fell 3% to $15.5 billion, with Windows OEM and devices revenue down 22%. The article says a good chunk of revenue is AI-related, including $10 billion from OpenAI, and commercial remaining performance obligation rose 73% to $677 billion. Capital expenditures reached a record $45.2 billion in the quarter.
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MSFTearningscloud computingartificial intelligence
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MSFT
▲ Likely positiveMicrosoft
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/28/2026 | 530.83 |
| Change that session | -0.09% |
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