MSFT
Microsoft Corporation476.39
+1.57+0.33%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q2 '26
Key Stats
Market Cap
3.54TP/E (TTM)
33.91Basic EPS (TTM)
14.05Dividend Yield
0.01%Recent Filings
10-Q
8-K
8-K
Shareholders approve directors, stock plan
Microsoft shareholders overwhelmingly re-elected all 12 directors on December 5, 2025, with support topping 91% despite 1.14 billion broker non-votes. They approved the 2026 Stock Plan at 97%, replacing the 2017 version, ratified Deloitte as FY2026 auditor at 93.5%, and backed exec pay at 92%. All 10 shareholder proposals on AI risks and human rights failed decisively. Governance continuity locked in.
10-Q
Q1 FY2026 results
Microsoft's Q1 FY2026 revenue climbed 18% year-over-year to $77.7 billion, fueled by 28% growth in Intelligent Cloud to $30.9 billion and 17% in Productivity and Business Processes to $33.0 billion, while More Personal Computing edged up 4% to $13.8 billion. Gross margin held steady at 69% despite AI infrastructure scaling, with operating income surging 24% to $38.0 billion; diluted EPS rose 13% to $3.72, reconciling cleanly to 7.5 billion weighted shares. Cash from operations hit $45.1 billion, yielding $25.7 billion in free cash flow (derived) after $19.4 billion capex, bolstering $102.0 billion in cash and equivalents against $43.2 billion total debt. A fresh OpenAI pact extends AI ties, securing $250 billion in Azure commitments. Yet competition in cloud and AI markets intensifies, pressuring margins.
8-K
Microsoft Q1 beats, OpenAI pact evolves
Microsoft reported Q1 FY2026 revenue of $77.7 billion, up 18% year-over-year, fueled by 26% growth in Microsoft Cloud to $49.1 billion and 40% surge in Azure services. Operating income rose 24% to $38.0 billion, though OpenAI investment losses trimmed GAAP net income to $27.7 billion, up 12%. A refined OpenAI partnership secures Microsoft's 27% stake valued at $135 billion, extends IP rights through 2032, and commits OpenAI to $250 billion in Azure spend. This bolsters AI integration but exposes Microsoft to execution risks in competitive cloud markets.
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