Microsoft Corporation has reported outstanding quarterly results, once again beating market expectations and reinforcing its leadership position in cloud computing and artificial intelligence.
The highlight of the quarter was Azure , Microsoft's flagship cloud platform, which recorded a 39 year-on-year increase in revenue in constant currency, surpassing analyst expectations of 34. In a notable first, Microsoft also disclosed Azure's annual revenue, which has exceeded USD 75 billion, underscoring the platform's pivotal role in the company's enterprise growth strategy.
Total revenue for the quarter reached USD 76.4 billion, an 18 increase year-over-year, while earnings per share EPS surged to USD 3.65, comfortably beating Wall Street estimates. The strong performance was broad-based, with growth across cloud, productivity, and personal computing segments.
Despite a record capital expenditure Capex of USD 24.2 billion-driven by continued investments in AI and data center infrastructure Microsoft's operating income climbed by 23 to USD 34.3 billion. Margins continued to expand, highlighting the company's operational efficiency even amid heavy investment.
