Microsoft closed fiscal 2026 with $90.0 billion in quarterly revenue as Azure growth reached 43%.

Microsoft reported $90.007 billion of revenue for the quarter ended June 30, 2026, up 18% year over year. GAAP operating income was $40.603 billion, also up 18%, and GAAP diluted EPS was $4.81, up 32%.

Microsoft Cloud revenue rose 27% to $59.3 billion. Intelligent Cloud revenue increased 32% to $39.306 billion, including 43% growth in Azure and other cloud services. Productivity and Business Processes increased 14% to $37.847 billion, while More Personal Computing fell 4% to $12.854 billion.

The segment split shows where the growth was concentrated. Intelligent Cloud added more than $9.4 billion of revenue from the year-earlier quarter, while More Personal Computing declined by roughly $600 million. Microsoft also reported commercial remaining performance obligation of $678 billion, up 84%. That backlog measure reflects contracted commitments and timing assumptions; it is not current-quarter revenue.

Profit includes items that should stay visible. Microsoft said a $3.2 billion gain on its Anthropic investment, lower-than-expected voluntary-retirement expenses, severance and Xbox impairment charges together benefited diluted EPS by $0.27 relative to the guidance it had issued in April. The company’s non-GAAP presentation separately excludes the impact of investments in OpenAI. GAAP and non-GAAP results answer different questions and should not be blended.

For the following quarter, management gave total-company revenue guidance of $89.85 billion to $90.95 billion. That is a forward-looking range, not a reported result. The company also guided Productivity and Business Processes revenue to $36.7 billion to $37.0 billion. Both ranges are management estimates subject to the risks identified in the release.