Microsoft reported Q3 revenue of $82.9 billion, surpassing the $81.29 billion consensus estimate.
Azure cloud revenue grew 40% YoY, while overall cloud revenue reached $54.5 billion, up 29% (25% constant currency).
Diluted earnings per share were $4.27, beating analyst forecasts of $4.05 by $0.22; shares fell over 1% in after‑hours.
AI segment achieved a $37 billion annual revenue run rate, up 123% YoY, and Microsoft secured a 20% OpenAI revenue share through 2030.