Microsoft Q4 results: Azure tops $100 bn as AI growth helps beat earnings estimates
Microsoft reported strong Q4 fiscal results, with revenue reaching $90 billion and cloud revenue growing 27% year-on-year. The company's growth is largely attributed to the expansion of its Azure cloud platform and the widespread adoption of its AI-powered Copilot tools.
Why it matters
The results demonstrate that major tech companies are successfully monetizing AI investments, signaling a shift from speculative spending to tangible revenue growth in the enterprise sector.
Microsoft’s push into artificial intelligence is beginning to show stronger returns, with the company reporting a sharp rise in cloud revenue and a growing base of paid AI users in its latest quarterly results.The technology giant posted revenue of $90 billion, or $4.81 per share, for the April-June quarter, an 18% increase from the year-ago period. The results exceeded Wall Street expectations, with analysts surveyed by FactSet Research having forecast earnings of $4.24 per share on revenue of $87.62 billion.The company’s cloud business remained a key growth driver, with Microsoft Cloud revenue reaching $59.3 billion during the quarter, up 27% year-on-year. Revenue from Azure and other cloud services rose 43%, reflecting continued demand for Microsoft’s cloud infrastructure, AI applications and services.For the full fiscal year that ended in June, Microsoft recorded revenue of $331.8 billion.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in