Microsoft (MSFT) Q2 earnings report 2026
Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on January 20, 2026.
Krisztian Bocsi | Bloomberg | Getty Images
Microsoft Shares fell 7% in extended trading Wednesday after the software maker posted healthier quarterly results than analysts expected.
Here is the company’s performance compared to the LSEG consensus:
- Earnings per share: $4.14 vs expected $3.97
- Revenues: 81.27 billion dollars, while the expectation was 80.27 billion dollars
Microsoft’s revenue grew 17% year over year in the fiscal second quarter ending Dec. 31. expression.
Net income rose to $38.46 billion, or $5.16 per share, from $24.11 billion, or $3.23 per share, in the same quarter a year ago. Adjusted earnings exclude the impact of OpenAI investments.
The company reported other income of $9.97 billion, compared to other expense of $2.29 billion in the same quarter a year ago. The release comes three months after OpenAI announced a restructuring that involved its for-profit arm becoming a public benefit company.
Revenue from Azure and other cloud services rose 39%, compared with a 40% increase in the fiscal first quarter. Analysts surveyed by StreetAccount and CNBC expected 39.4% and 38.9% growth for Azure and other cloud services.
