Microsoft posts $331.8B FY revenue, Azure tops $100B

Microsoft reported robust financial results for its fiscal fourth quarter and full year, driven by surging demand for its cloud and artificial intelligence services. The company announced on Wednesday, July 29, 2026, that quarterly revenue reached $90 billion, an 18% increase from the same period last year, with net income of $35.8 billion. For the full fiscal year, which ended June 30, revenue totaled $331.8 billion with net income of $133.7 billion.

The standout performance came from the company's cloud division, particularly the Azure platform. Azure and other cloud services revenue grew 43% year-over-year for the quarter, exceeding analyst expectations. This growth propelled Microsoft Cloud revenue to $59.3 billion for the quarter, up 27%, and pushed annual Azure revenue past the $100 billion threshold for the first time. The company's commercial remaining performance obligation, representing future contracted revenue, jumped 84% to $678 billion, indicating strong forward demand.

Microsoft Chairman and CEO Satya Nadella linked the results to accelerating enterprise adoption of AI. He noted that Microsoft 365 Copilot has surpassed 30 million paid seats, reflecting customer...