Microsoft reports fiscal first-quarter results on Wednesday, October 28, after the close, and the article says the report will show whether Azure growth can keep pace with its AI spending. In the last quarter of fiscal 2026, revenue reached $90.01 billion, up 17.8%, while Azure grew 43% and passed $100 billion in annual revenue for the first time; commercial RPO rose 84% to $678 billion. Costs rose just as fast: quarterly capex hit $41 billion, and free cash flow fell 23.19% to $19.6 billion. Management guided first-quarter capex above $50 billion including lease reclassification, and expects Azure growth of about 45% in constant currency. The article also highlights Microsoft 365 Copilot passing 30 million paid seats and RPO rising 25% excluding OpenAI.
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Related tickers and likely impact
MSFT
• NeutralMicrosoft
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $4.0T |
| Close on 10/23/2026 | 524.53 |
| Change that session | +0.66% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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