Microsoft Posts Strong Quarterly Results, Smashing Investor Forecasts
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Microsoft Posts 31% Jump in June-quarter Net Profit, Revenue Rises 18% YoY
Get latest articles and stories on Business at LatestLY. Microsoft reported strong financial results for the quarter ended June 30, with net profit rising 31 per cent year-on-year to USD 35.8 billion, while revenue increased 18 per cent to USD 90 billion, driven by continued demand for its cloud and artificial intelligence offerings. Business News | Microsoft Posts 31% Jump in June-quarter Net Profit, Revenue Rises 18% YoY.
The net profit stands at $35.8 billion, up 31% over a year, according to a press release published on Wednesday. Reported per share, given by investors, it reaches $4.81, which is much better than the $4.24 projected by analysts.
Microsoft, the US IT giant, announced on the 29th its financial results for the April-June 2026 quarter, reporting a net profit of $35.766 billion (approximately 5.84 trillion yen), a 31% increase year-on-year, driven by strong demand for generative artificial intelligence (AI). Meta, however, saw a 14% decrease in net profit due to heavy litigation costs…
Microsoft surprises and makes a splashSoftware giant Microsoft boosts both revenue and net profit in the fourth quarter and exceeds expectations for cloud sales. This is evident from the company's financial statements
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