Microsoft Stocks Hold Firm on Strong Quarter with $90 Billion Revenue
Microsoft's stock price held firm after the tech giant reported a $90.01 billion revenue quarter in its fiscal 2026 fourth quarter. The company's shares opened at $483.24, with a market cap of $3.59 trillion.
The latest quarter marked a significant increase from the previous year, with revenue rising 17.7%. The dividend was also lifted to $0.91 a share and annualized to $3.64.
Azure remains a key growth driver for Microsoft, crossing $100 billion in annual revenue in fiscal 2026. However, free cash flow in the fourth quarter was down 23% from a year earlier, highlighting the impact of AI spending on margins.