Microsoft Q2 2026 revenue was $90.0 billion and increased 18% (up 17% in constant currency) Operating income was $40.6 billion and increased 18%. Net income was $35.8 billion and increased 31% on a GAAP basis, and was $35.3 billion and increased 22% on a non-GAAP basis. Diluted earnings per share was $4.81 and increased 32% on a GAAP basis, and was $4.74 and increased 23% on a non-GAAP basis.
Azure cloud unit was up 43% versus expectations of 40%.
• Revenue $90.0B vs Est. $87.6B
• EPS $4.74 vs Est. $4.22
• Azure Revenue 43% vs. Est. 40%
• Operating Income $40.6B vs Est. $39.1B
• Commercial RPO: $678B (+84% YoY)
Azure revenue surpassed $100B for the first time.
Financials:
🔹 Operating Income: $40.60B (Est. $39.02B) 🟢
🔹 CapEx Including Leases: $41B (Est. $42.05B) 🟢
🔹 CapEx: $35.80B (Est. $35.22B) 🔴
Other Metrics:
🔹 Azure Revenue: Surpassed $100B
🔹 Microsoft 365 Consumer Cloud Revenue: +24%
🔹 Microsoft 365 Copilot: Over 30M paid seats
🔹 Anthropic Investment Gain: $3.2B
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
