Earning Analysis
Welcome to our in-depth analysis of Microsoft Corp(MSFT) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Microsoft Corp earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2026Q1 | 2025-10-29 | After Hours | 3.65 | 4.13 | +13.15 | 75.39B | 77.67B | +3.03 | -2.92 | -5.03 |
| FY2025Q4 | 2025-07-30 | After Hours | 3.35 | 3.65 | +8.96 | 73.84B | 76.44B | +3.52 | +3.95 | +2.83 |
| FY2025Q3 | 2025-04-30 | After Hours | 3.20 | 3.46 | +8.12 | 68.44B | 70.07B | +2.37 | +7.63 | +9.63 |
| FY2025Q2 | 2025-01-29 | After Hours | 3.11 | 3.23 | +3.86 | 68.81B | 69.63B | +1.20 | -6.18 | -6.57 |
| FY2025Q1 | 2024-10-30 | After Hours | 3.08 | 3.30 | +7.14 | 64.56B | 65.59B | +1.59 | -6.05 | -2.86 |
| FY2024Q4 | 2024-07-30 | - | 2.90 | 2.95 | +1.72 | 64.44B | 64.73B | +0.45 | -0.89 | -7.40 |
| FY2024Q3 | 2024-04-25 | - | 2.81 | 2.94 | +4.63 | 60.88B | 61.86B | +1.61 | -2.45 | -3.45 |
| FY2024Q2 | 2024-01-30 | - | 2.76 | 2.93 | +6.16 | 61.13B | 62.02B | +1.46 | -0.28 | -0.99 |
| FY2024Q1 | 2023-10-24 | - | 2.65 | 2.99 | +12.83 | 54.55B | 56.52B | +3.62 | +0.37 | +2.43 |
| FY2023Q4 | 2023-07-25 | - | 2.54 | 2.69 | +5.91 | 55.49B | 56.19B | +1.26 | +1.70 | -2.66 |
MSFT Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Microsoft Corp reported performance for FY2026Q1, announced on 2025-10-29. The company achieved an EPS of 4.13, compared to analyst estimates of 3.65 by 13.15% . Revenue for the quarter reached 77.67B compared to expectations of 75.39B by 3.03% .
The stock price reacted with a -2.92% one-day change and a -5.03% five-day change following the earnings release. These movements reflect market reaction in Microsoft Corp growth trajectory and strategic initiatives.
MSFT Earnings Forecast
Looking ahead, Microsoft Corp(MSFT) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2026/Q2 project quarter revenue of 80.28B and an EPS of 3.90.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2026 have been Revise Upward by 1.32%, while EPS estimates have been Revise Upward by 4.1%. For the upcoming Q2 2026, revenue estimates have been adjusted Revise Upward by 0.23% . These revisions correlate with a -2.86% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Microsoft Corp long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between MSFT's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2026
Revise Upward
+1.32%
In Past 3 Month
EPS Estimates for FY2026
Revise Upward
+4.1%
In Past 3 Month
Revenue Estimates for Q2 2026
Revise Upward
+0.23%
In Past 3 Month
Stock Price
Go Down
-2.86%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2026
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2026:326.83B
--
EPS Estimate-Annual FY 2026:16.18
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Stock Price480.84
MSFT Revenue and EPS Performance: A Historical Perspective
Microsoft Corp revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2026Q1 (2025-10-29,After Hours):
EPS: 4.13 (Actual) vs.3.65 (Estimate) (13.15%)
Revenue: 77.67B (Actual) vs. 75.39B (Estimate) (3.03%)
Price Reaction: -2.92%(1-Day), -5.03%(5-Day)
FY2025Q4 (2025-07-30,After Hours):
EPS: 3.65 (Actual) vs.3.35 (Estimate) (8.96%)
Revenue: 76.44B (Actual) vs. 73.84B (Estimate) (3.52%)
Price Reaction: 3.95%(1-Day), 2.83%(5-Day)
FY2025Q3 (2025-04-30,After Hours):
EPS: 3.46 (Actual) vs.3.20 (Estimate) (8.12%)
Revenue: 70.07B (Actual) vs. 68.44B (Estimate) (2.37%)
Price Reaction: 7.63%(1-Day), 9.63%(5-Day)
Earnings Reaction
The chart below shows how MSFT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MSFT sees a -1.58% change in stock price 10 days leading up to the earnings, and a +0.38% change 10 days following the report. On the earnings day itself, the stock moves by -0.22%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed -2.92% on the day following the earnings release and then changed by -5.62% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Microsoft Corp (MSFT) Q1 2026 Earnings Call Summary
Positive
2025-10-29
The earnings call reveals strong financial performance with significant growth in free cash flow, commercial bookings, and cloud services revenue. Despite a decline in gaming revenue and cloud gross margin, the company maintains optimistic guidance for FY '26 with a focus on AI and cloud. The Q&A session addressed concerns about risks and investments, with management expressing confidence in their strategic positioning. The positive aspects, such as AI-driven growth and strategic partnerships, outweigh the negatives, suggesting a positive stock price movement.
Microsoft Corp (MSFT) Q4 2025 Earnings Call Summary
Positive
2025-07-30
The earnings call summary shows strong financial performance across various segments, with significant growth in Microsoft Cloud, AI infrastructure, and other products. The Q&A section reveals confidence in managing AI-related risks and strategic investments in Azure, despite some ambiguity in CapEx alignment. The positive revenue and operating income growth, alongside optimistic guidance, suggest a positive stock price movement. However, the lack of specific guidance on CapEx alignment slightly tempers expectations, resulting in a positive rather than strong positive rating.
Microsoft Corp (MSFT) Q3 2025 Earnings Call Summary
Positive
2025-04-30
The earnings report shows strong performance with Microsoft Cloud and Azure revenues exceeding expectations, and shareholder returns increasing by 15%. Despite a slight decline in gross margins due to AI infrastructure scaling, operating margins improved. The Q&A session highlighted strong demand for cloud services and AI, although management was vague about GPU oversupply risks. Considering the positive revenue growth, increased shareholder returns, and strong cash flows, the stock is likely to react positively, with a potential increase of 2% to 8% over the next two weeks.
Microsoft Corp (MSFT) Q1 2025 Earnings Call Summary
Positive
2025-04-30
The earnings call reveals strong financial performance with significant revenue growth, particularly in cloud and AI segments. Despite challenges like supply chain issues and FX risks, the company maintains solid margins and increased shareholder returns. The Q&A highlights demand for cloud services and strategic data center positioning. Although some responses were unclear, the overall outlook remains optimistic with strong earnings, positive guidance, and increased shareholder returns, suggesting a positive stock price movement.
Microsoft Corp (MSFT) Q2 2025 Earnings Call Summary
Positive
2025-01-30
The earnings call reveals strong financial performance, with significant revenue and margin growth, particularly in cloud and AI sectors. Despite some execution issues in Azure, management's optimistic guidance and strategic investments in AI are promising. Shareholder returns through dividends and buybacks are substantial. While there are competitive pressures and economic risks, the overall sentiment is positive, bolstered by strong AI revenue and strategic partnerships. Given the lack of market cap information, a 2%-8% stock price increase is likely, aligning with the positive outlook and robust growth metrics.
Microsoft Corporation (MSFT) Q1 2025 Earnings Call Summary
Positive
2024-10-31
The earnings call summary indicates strong financial performance with significant revenue and income growth, supported by cloud services and AI. The optimistic guidance for revenue growth, a substantial share repurchase program, and a focus on cost management are positive indicators. However, competitive pressures, regulatory issues, and supply chain challenges pose risks. The Q&A section reveals management's cautious optimism and proactive risk management. Overall, the positive financial results and strategic initiatives outweigh the risks, leading to a positive sentiment rating.
Microsoft Corporation (MSFT) Q4 2024 Earnings Call Summary
Positive
2024-07-31
Microsoft's earnings call revealed strong financial performance, with significant growth in cloud revenue and commercial bookings. The company's AI initiatives and partnerships show promising potential, despite competitive and regulatory risks. Shareholder returns are robust, with substantial dividends and buybacks. However, concerns about CapEx efficiency and unclear AI investment impacts slightly temper enthusiasm. Overall, the strong financial results and positive guidance outweigh the risks, suggesting a positive stock price movement.
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FAQ
What were the key highlights of MSFT’s latest earnings report for FY2026Q1?
How did MSFT’s stock price react after the FY2026Q1 earnings release?
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How does MSFT’s stock price correlate with earnings forecast revisions?
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