microsoft

Microsoft released its Q4 fiscal year 2026 financial report, with revenue of $90 billion, a year-on-year increase of 18%, exceeding market expectations of $87.7 billion; adjusted earnings per share of $4.74, a year-on-year increase of 23%, which is 11.5% higher than expected; operating profit of $40.6 billion, a year-on-year increase of 18%. Intelligent cloud revenue was $39.3 billion, a year-on-year increase of 32%, with Azure and other cloud services revenue growing by 43%, significantly higher than the market expectation of 39.6%. Total revenue from Microsoft Cloud was $59.3 billion, a year-on-year increase of 27%. CEO Satya Nadella disclosed that Azure's annual revenue has surpassed $100 billion for the first time, and paid users of Microsoft 365 Copilot exceeded 30 million.In terms of capital expenditure, the fourth quarter's property and equipment acquisition expenditure was $35.8 billion, a year-on-year increase of approximately 110%; total capital expenditure including finance leases was $41 billion, a year-on-year increase of 70%, but lower than the market expectation of $42.5 billion. The remaining performance obligations (RPO) for cloud business surged 84% year-on-year to $678 billion, about twice the annual revenue. Microsoft disclosed in a regulatory filing that new unexecuted data center lease commitments in the fourth quarter exceeded $130 billion, with the total unexecuted lease commitments increasing by 67.4% quarter-on-quarter to $329.1 billion. Annual revenue was $331.8 billion, a year-on-year increase of 18%; net profit was $133.7 billion, a year-on-year increase of 31% (GAAP).

According to Jinshi reports, Microsoft CEO Satya Nadella emphasized that customers must have the ability to switch freely between different AI models, both closed-source and open-source. He stated during a conference call that the number of Microsoft customers using multiple models has quadrupled since the beginning of this year. Nadella pointed out that the system framework should be separate from the models, allowing for the replacement of models at any given time and the use of cutting-edge models.Microsoft has investments in both OpenAI and Anthropic, and has co-signed an open letter supporting open models with companies like NVIDIA and Palantir.

According to Jinshi reports, Microsoft announced a series of financial guidance, causing the after-hours increase in US stocks to expand to 8%.

According to Gate market data, after the earnings report was released, Meta Platforms (META.O) is currently down 6%, Microsoft (MSFT.O) is up 3%, and Qualcomm (QCOM.O) is down 4.6%.

According to Jinshi reports, Microsoft recorded a $3.2 billion gain in the fourth fiscal quarter due to its investment in Anthropic, combined with expenses related to the voluntary departure plan being lower than expected, resulting in a positive impact of 27 cents on earnings per share (EPS).

According to Jinshi reports, Microsoft's fourth fiscal quarter revenue growth for AZURE and other cloud services, excluding the impact of exchange rates, increased by 43%, exceeding market expectations.

According to Jinshi reports, Meta, Microsoft, Qualcomm, and ARM will announce their Q2 2026 financial reports after the US stock market closes.

According to Jinshi reports, Microsoft has agreed to invest billions of dollars in Mistral's European computing infrastructure to expand artificial intelligence infrastructure in Europe.

Deutsche Bank stated in its latest research report that the market's concerns about Microsoft's surge in capital expenditure, AI investment returns, and the concentration of Open AI orders have been significantly overstated. The current valuation is attractive, maintaining a "Buy" rating and a target price of $550. Deutsche Bank expects Microsoft's fourth fiscal quarter (corresponding to the second quarter of the calendar year) revenue to be $87.4 billion, a year-on-year increase of 14.3%; non-GAAP earnings per share are expected to be $4.17. The growth rate of Azure, calculated at constant exchange rates, is expected to reach 40% to 41%, with enterprise cloud migration, AI computing demand, and new data center capacity continuing to support growth. Microsoft 365 commercial cloud revenue is expected to grow by 15% to 16%, and paid seats for Copilot may exceed 25 million by the end of the year.

According to CNBC, AMD has officially launched its first rack-scale AI system for artificial intelligence, Helios, which is seen as AMD's important product to compete with NVIDIA's Grace Blackwell and Vera Rubin AI systems. It has been adopted by enterprise customers such as Microsoft, Meta, OpenAI, and Oracle, attempting to initiate more direct competition with NVIDIA in the AI infrastructure market.Microsoft announced that it will deploy the AMD Helios system in its Azure data centers, becoming the latest customer to adopt this platform. AMD stated that Helios is expected to start delivering to customers later this year and will be used to support cutting-edge AI model inference, Azure AI services, and enterprise-level AI applications.Market analysis firm Futurum Group data shows that NVIDIA currently holds over 95% of the data center GPU market share, while AMD accounts for about 4.5%. Analysts believe that if Helios is deployed successfully, AMD has the opportunity to capture 20%-25% of the market share in the future, corresponding to a potential market space worth hundreds of billions of dollars.

According to The Wall Street Journal, DTCC will tokenize Microsoft stocks, SPY, QQQ, and U.S. Treasury bonds for Wall Street firms, with participation from institutions such as BlackRock, Goldman Sachs, and JPMorgan Chase. The related companies plan to use the tokenized assets for collateral transfers, repurchase transactions, and stock trading.

Microsoft announced the reduction of 4,800 positions, accounting for approximately 2.1% of its global workforce. The Xbox gaming division is the hardest hit, having laid off 1,600 people on July 6, with an additional 1,600 expected to be cut within this fiscal year, totaling about 3,200 positions. Asha Sharma, the Xbox CEO who took over in February, candidly told employees that the business is currently not healthy, stating that Xbox's profit margins are three to ten times lower than those of similar platforms and publishing businesses, with rising console component costs exacerbating competitive pressure against Sony's PlayStation and Nintendo's Switch.Microsoft will also divest four previously acquired studios, with Compulsion Games and Double Fine operating independently, while Ninja Theory and Undead Labs will be transferred to new owners, partially reversing the gaming landscape built by the $68 billion acquisition of Activision Blizzard three years ago. Chief Human Resources Officer Amy Coleman stated that the company launched a buyout plan in April, with over one-third of eligible employees accepting it. Microsoft's stock price has dropped about 19% over the past six months.

Binance will launch trading pairs for bStocks Lumentum (LITEB), Meta (METAB), Microsoft (MSFTB), Palantir (PLTRB), and Invesco QQQ Trust (QQQB) on June 30, 2026, at 21:30. The trading pairs will be LITEB/USDT, METAB/USDT, MSFTB/USDT, PLTRB/USDT, and QQQB/USDT, with zero maker fees during the event, ending on September 1, 2026, at 07:59. Deposit and withdrawal services will open on the same day at 22:30.