United States · Business news · AI & Tech · 29 Jul 2026
AI: Cloud and data centres · Enterprise software · Microsoft — more AI news
Microsoft reported revenue of $90.0 billion for the quarter to June 30, up 18%. Microsoft Cloud revenue was $59.3 billion, up 27%, and Azure and other cloud services revenue grew 43%; chief executive Satya Nadella said Azure revenue passed $100 billion for the year for the first time. Commercial remaining performance obligation rose 84% to $678 billion. Additions to property and equipment were $35.802 billion in the quarter, against $17.079 billion a year earlier.
Microsoft's $35.8 billion of quarterly additions to property and equipment, about twice the year-earlier figure, is paid to chip, server and data-centre suppliers. What it earns in return shows in the $678 billion of commercial contracts not yet recognised as revenue, up 84%, and Azure growth of 43%. Those contracted commitments come from enterprise and AI customers and are the basis on which the spending is being made.
Reported by Microsoft (SEC Form 8-K) — “Microsoft Cloud and AI Strength Fuels Fourth Quarter Results” ↗ on 29 Jul 2026.
Official series on 29 Jul 2026 or the last day before it, and the latest observation.
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