MSFT — Microsoft Stock Fact Sheet
Last updated: May 21, 2026 · ← Back to Stock Fact Sheets
NASDAQ: MSFT
Microsoft Corporation
Cloud & AI · Redmond, WA · CEO: Satya NadellaLive price: Yahoo Finance →
Q3 FY26 · Apr 29, 2026
Q3 revenue
$82.9BGrowth
+18% YoYEPS (GAAP)
$4.27Cloud revenue
$54.5BAzure growth
+40% YoYAI ARR
$37BAI ARR growth
+123% YoYRPO backlog
$627BCompany snapshot
| Market cap | ~$3.3T |
| Operating income | $38.4B (+20%) |
| Net income | $31.8B (+23%) |
| Copilot seats | 20M+ commercial |
| OpenAI stake | ~49% |
| 2026 capex | $190B guided |
| Next earnings | Late Jul 2026 |
Analyst targets
| EPS beat | $4.27 vs $4.07 |
| Revenue beat | $82.9B vs $81.5B |
| Consensus | Strong Buy |
| Bull high est. | ~$600 |
| RPO growth | +99% YoY |
↗ Bull case
- Azure +40% — fastest growth in 2+ years
- AI ARR $37B, +123% YoY
- $627B backlog — 99% growth YoY
- OpenAI exclusivity on Azure infrastructure
- 20M+ Copilot seats monetizing AI at enterprise scale
- Cloud capacity constrained = unmet demand
↘ Bear case
- Azure supply constraints limit near-term revenue
- $190B capex = enormous cash commitment
- OpenAI investment creates non-GAAP complexity
- Enterprise sales cycles slow in uncertain macro
- AWS and Google Cloud competition intensifying
For informational purposes only. Not investment advice. Data as of May 21, 2026.
Microsoft Corporation (MSFT) — Company Overview
Microsoft Corporation (NASDAQ: MSFT) is the world’s second-largest company by market capitalization, headquartered in Redmond, Washington. Under CEO Satya Nadella, Microsoft has transformed from a software licensing company into the world’s leading enterprise cloud platform. Azure is growing at 40% year-over-year and Microsoft holds approximately a 49% stake in OpenAI, giving it the most comprehensive enterprise AI product suite of any technology company. Copilot — Microsoft’s AI assistant embedded across Office 365, Teams, GitHub, and Dynamics — now has over 20 million commercial seats.
Q3 FY2026 Earnings
Microsoft reported Q3 FY2026 results on April 29, 2026. Revenue of $82.9 billion beat the $81.5 billion consensus. EPS of $4.27 beat the $4.07 estimate. Azure grew 40% year-over-year in constant currency. Microsoft Cloud revenue hit $54.5 billion (+29%). The commercial remaining performance obligation surged 99% to $627 billion. AI annual revenue run rate hit $37 billion, up 123% year-over-year. Capacity remains constrained — revenue would have been higher with more supply available.
The Azure and OpenAI Advantage
Azure is the exclusive cloud platform for OpenAI’s workloads — every ChatGPT user and enterprise OpenAI deployment runs on Azure infrastructure. This gives Microsoft a structural demand advantage no other cloud provider can replicate. At $30 per seat per month for Copilot M365, even modest adoption across Microsoft’s 400 million Office users represents enormous incremental revenue. Nadella stated the AI business surpassed a $37 billion annual revenue run rate — up 123% year-over-year — making it the fastest-growing AI business among mega-cap tech companies.
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For informational purposes only. Not investment advice. Data as of May 21, 2026.
