Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026.
Krisztian Bocsi | Bloomberg | Getty Images
Microsoft shares fell 7% in extended trading on Wednesday after the software maker issued quarterly results that were healthier than analysts had anticipated.
Here’s how the company performed in comparison with LSEG consensus:
- Earnings per share: $4.14 adjusted vs. $3.97 expected
- Revenue: $81.27 billion vs. $80.27 billion expected
Microsoft’s revenue grew 17% year over year in the fiscal second quarter, which ended on Dec. 31, according to a statement.
Net income, at $38.46 billion, or $5.16 per share, was up from $24.11 billion, or $3.23 per share, in the same quarter a year earlier. Adjusted earnings exclude impact from investments in OpenAI.
The company reported $9.97 billion in other income, compared with other expense of $2.29 billion in the same quarter a year ago. The swing comes three months after OpenAI announced a restructuring that involved its for-profit arm becoming a public-benefit corporation.
Revenue from Azure and other cloud services grew 39%, compared with 40% growth in the fiscal first quarter. Analysts surveyed by StreetAccount and CNBC had expected 39.4% and 38.9% growth, respectively.
