Microsoft's fourth quarter revenue beats as Azure growth accelerates to 43%

Microsoft reported fourth quarter revenue of $90.0 billion, an 18% year-over-year increase, with diluted GAAP EPS of $4.81, up 32%. Results exceeded analyst expectations, driven by strong cloud performance.

Key Highlights

• Azure and other cloud services revenue accelerated, growing 43% year-over-year (43% in constant currency), surpassing investor expectations of around 40%.
• Microsoft Cloud revenue reached $59.3 billion for the quarter, an increase of 27% year-over-year.
• Commercial remaining performance obligation increased significantly by 84% to $678 billion, indicating strong future revenue commitments.