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Microsoft surpasses forecasts in cloud and AI growth
Microsoft achieved strong financial performance in the fiscal quarter that ended in June 2026, with revenues reaching $90 billion, an increase of 18% compared to the previous year, surpassing analyst expectations of $87.8 billion. Revenue from the Microsoft Cloud segment grew by 27% to $35.9 billion, reflecting the rising demand for the Azure platform and AI services, which experienced a growth of 43%. The company's total annual revenues increased by 18% to $331.8 billion, reflecting the success of its strategy to support growth through cloud computing and paid AI services.
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