Microsoft Reports Strong Q3 Fiscal 2026 Results, Beats Analyst Expectations

Microsoft on Wednesday reported more robust fiscal third-quarter results than analysts had expected. Here's how the company did in comparison with LSEG consensus: Earnings per share: $4.27 adjusted vs. $4.06 expected Revenue: $82.89 billion vs. $81.39 billion expected Microsoft's revenue grew 18% year over year in the quarter, which ended on March 31, according to a statement. Net income of $31.78 billion, or $4.27 per share, was up from $25.82 billion, or $3.46 per share, in the same quarter a year earlier. Adjusted earnings exclude a $14 million decrease in net income from Microsoft's OpenAI investments. Microsoft reported $31.9 billion in quarterly capital expenditures and finance leases, up 49% and less than the $34.9 billion consensus among analysts polled by Visible Alpha. Revenue from Microsoft's Azure and other cloud services surged 40%. Analysts polled by StreetAccount and CNBC had expected 39.3% and 38.8%, respectively. The full Intelligent Cloud segment containing Azure, server products and GitHub and Nuance cloud services posted $34.68 billion in revenue. The sum came in higher than the $34.27 billion consensus among analysts surveyed by StreetAccount. Microsoft's Productivity and Business Processes segment, which includes Office productivity software, LinkedIn and Dynamics business software, totaled $35.01 billion in revenue. The figure was up about 17% and above StreetAccount's $34.43 billion consensus. This is breaking news. Please refresh for updates.