Microsoft Corporation logo

Microsoft Corporation

MSFT
Q3 2025

Revenue

$78B

+101512%

Net Income

$28B

+101787%
MSFT
Technology
Cloud Infrastructure

Microsoft Corporation

CIK: 0000789019

Microsoft Corporation logo

Next Earnings Report

Estimated based on historical filing patterns

Wed, Apr 29, 2026
Estimated
10-Q
FQ3 2026

This date is an estimate based on the company's typical quarterly filing schedule. The actual filing date may vary.

Earnings Analysis

Analyzed 10 of 12 reports

Performance Summary - Q3 2025
bullish
raised

Revenue
$77.7B
QoQ:+101511.7%
YoY:+118331.0%
Net Income
$27.7B
QoQ:+101787.4%
YoY:+112386.3%
Peer Comparison
Mag7
(6 peers)
Peers: AAPL, GOOGL, AMZN, META, TSLA, NVDA
Analyze peer companies to see comparative metrics here
Tech
(26 peers)
Peers: AAPL, GOOGL, AMZN, META, TSLA, NVDA, SNOW, PLTR, NET, CRWD, DDOG, ZS, OKTA, MDB, TEAM, U, RBLX, AMD, INTC, QCOM, AVGO, COIN, HOOD, CORZ, DOCN, IONQ
Analyze peer companies to see comparative metrics here

Financial Performance Trend

Sentiment:
neut
bull
bull
bull
bull
bull
bull
bull
bull
bull
Guidance:
maintain
maintain
raised
raised
raised
raised
raised
raised
raised
raised

Overall Analysis & Outlook

Over the past 5 quarters, Microsoft Corporation has been consistently bullish with multiple guidance raises. Revenue has grown 147155.8% during this period. The latest quarter shows bullish sentiment with positive tone from management.

Latest Quarter Highlights:

Microsoft delivered strong quarterly results driven by robust cloud and AI growth, with Microsoft Cloud revenue increasing 26% to $49.1 billion. The company continues to make significant investments in AI infrastructure and partnerships, positioning itself competitively in the rapidly evolving technology landscape.

Detailed Quarterly Reports

In-depth analysis of each quarter's earnings filing

Q3 2025

10-Q • Filed 10/29/2025

bullish

Summary

Microsoft delivered strong quarterly results driven by robust cloud and AI growth, with Microsoft Cloud revenue increasing 26% to $49.1 billion. The company continues to make significant investments in AI infrastructure and partnerships, positioning itself competitively in the rapidly evolving technology landscape.

Revenue

$77.67B

Net Income

$27.75B

Guidance

raised

Tone

positive

Partnerships

OpenAI

Key Quotes

"We are committed to making digital technology and artificial intelligence available broadly and responsibly"

"Microsoft Cloud revenue increased 26% to $49.1 billion"

"Commercial remaining performance obligation increased 51% to $392 billion"

Q2 2025

10-K • Filed 7/30/2025

bullish

Summary

Microsoft delivered strong financial performance, driven by cloud and AI services growth. Azure and Microsoft 365 Commercial cloud saw robust expansion, reflecting the company's strategic focus on cloud and AI technologies.

Revenue

$76.441M

Net Income

$27.233M

Guidance

raised

Tone

positive

Capex

$64.55B(+45.1% YoY)

Partnerships

OpenAI
Inflection AI

Key Quotes

"We are building AI into many of our offerings, including our productivity services"

"Microsoft Cloud revenue increased 23% to $168.9 billion"

"Azure and other cloud services revenue grew 34% driven by demand for our portfolio of services"

Q1 2025

10-Q • Filed 4/30/2025

bullish

Summary

Microsoft demonstrated strong quarterly performance, with Microsoft Cloud revenue growing 20% and continued investments in AI infrastructure driving strategic growth. The company remains focused on cloud and AI services across its business segments.

Revenue

$70.066M

Net Income

$25.824M

Guidance

raised

Tone

positive

Partnerships

OpenAI

Key Quotes

"We are incurring significant costs to build and maintain infrastructure to support cloud-based and AI services"

"Microsoft is a technology company committed to making digital technology and artificial intelligence broadly available"

Q4 2024

10-Q • Filed 1/29/2025

bullish

Summary

Microsoft delivered strong Q4 performance, with Microsoft Cloud revenue growing 21% to $40.9 billion and robust growth across cloud and AI services. The company continues to invest heavily in AI infrastructure and platforms, positioning itself competitively in the rapidly evolving technology landscape.

Revenue

$69.632M

Net Income

$24.108M

Guidance

raised

Tone

confident

Partnerships

OpenAI
Activision Blizzard

Key Quotes

"We are investing in artificial intelligence across the entire company and infusing generative AI capabilities into our consumer and commercial offerings."

"Microsoft is a technology company committed to making digital technology and artificial intelligence available broadly and doing so responsibly."

Q3 2024

10-Q • Filed 10/30/2024

bullish

Summary

Microsoft delivered strong Q3 performance with 16% revenue growth, driven by cloud and AI services. Microsoft Cloud revenue increased 22% to $38.9 billion, highlighting the company's strategic focus on AI and cloud technologies.

Revenue

$65.585M

Net Income

$24.667M

Guidance

raised

Tone

positive

Partnerships

OpenAI

Key Quotes

"We are committed to making digital technology and artificial intelligence available broadly and doing so responsibly"

"Microsoft Cloud revenue increased 22% to $38.9 billion"

Q1 2024

10-Q • Filed 4/25/2024

bullish

Summary

Microsoft delivered strong Q1 2024 results with 17% revenue growth driven by cloud services and AI investments. Microsoft Cloud revenue increased 23% to $35.1 billion, with Azure growing 31%, demonstrating robust performance across key business segments.

Revenue

$61.858M

Net Income

$21.939M

Guidance

raised

Tone

positive

Key Quotes

"We are creating the platforms and tools, powered by artificial intelligence, that deliver better, faster, and more effective solutions"

"Microsoft Cloud revenue increased 23% to $35.1 billion"

Q4 2023

10-Q • Filed 1/30/2024

bullish

Summary

Microsoft delivered strong quarterly performance with 24% Microsoft Cloud revenue growth and continued AI infrastructure investments. The Activision Blizzard acquisition and cloud services expansion drove significant revenue and earnings increases.

Revenue

$62.02M

Net Income

$21.87M

Guidance

raised

Tone

positive

Partnerships

Activision Blizzard acquisition

Key Quotes

"We are creating the platforms and tools, powered by artificial intelligence, that deliver better, faster, and more effective solutions"

"Microsoft Cloud revenue increased 24% to $33.7 billion"

Q3 2023

10-Q • Filed 10/24/2023

bullish

Summary

Microsoft delivered strong Q3 2023 performance, with Microsoft Cloud revenue increasing 24% to $31.8 billion. The company continues to invest heavily in AI across its product lines and completed the Activision Blizzard acquisition, positioning itself for future growth.

Revenue

$56.517M

Net Income

$22.291M

Guidance

raised

Tone

positive

Partnerships

OpenAI strategic partnership
Activision Blizzard acquisition
Activision Blizzard

Key Quotes

"We are creating the platforms and tools, powered by artificial intelligence, that deliver better, faster, and more effective solutions"

"Our strategic vision is to compete and grow by building best-in-class platforms and productivity services"

Q1 2023

10-Q • Filed 4/25/2023

bullish

Summary

Microsoft delivered strong Q1 performance with robust cloud growth and continued digital transformation momentum. The company is strategically investing in cloud services and AI while managing operational costs through selective workforce reductions.

Revenue

$52.86B

Net Income

$18.30B

Guidance

maintained

Tone

neutral

Key Quotes

"Microsoft Cloud revenue increased 22% to $28.5 billion"

"We are continuing to engage with regulators reviewing the Activision Blizzard transaction"

Q4 2022

10-Q • Filed 1/24/2023

neutral

Summary

Microsoft reported Q4 2022 revenue of $52.7 billion and net income of $16.4 billion, with continued cloud strength offset by PC market weakness. The company is reducing workforce by 10,000 jobs and consolidating office space to align cost structure with revenue.

Revenue

$52.747M

Net Income

$16.425M

Guidance

maintained

Tone

cautious

Key Quotes

"We are allocating both our capital and talent to areas of secular growth and long-term competitiveness, while divesting in other areas."

"To compete, we must successfully enlist developers to write applications for our platform and ensure that these applications have high quality, security, customer appeal, and value."

Sector Comparison

How MSFT performs vs Technology sector and Cloud Infrastructure peers

Sector Ranking (Technology)

#1of 14

Category Ranking (Cloud Infrastructure)

#1of 3

Key Metrics vs Averages

Revenue (Quarterly)
199% above avg

MSFT

$77,673M

Cloud Infrastructure Avg

$26,001.66M

Technology Avg

$13,544.666M

Overall Sentiment
bullish

Guidance: raised • Tone: positive