Stocks
Microsoft Surges 8% After Beating Earnings Estimates with Strong Azure Growth
Microsoft's stock price surged 8% after its FY2026 Q4 earnings report beat all estimates, reaching $422.30 in after-hours trading.
The company reported $90.01 billion in revenue, a year-on-year increase of 18%, and non-GAAP EPS of $4.74, beating the expected EPS of $4.33 by $0.41.
Azure's growth was a key highlight, with a 43% increase and surpassing $100 billion in annual revenue for the first time.
Microsoft also announced that Copilot had reached 30 million paid commercial seats, and GitHub Copilot had 50 million users, demonstrating strong demand-driven capex.