Microsoft (MSFT) Q2 2026 Earnings: Revenue Up 17%, EPS at $4.14

In fiscal Q2 2026, Microsoft (MSFT) reported revenue of $81.3 billion, a 17% increase year over year. Non-GAAP earnings per share were $4.14, marking a 24% growth. The company's intelligent cloud segment, including Azure, saw revenue rise 29% to $32.9 billion, while remaining performance obligations reached $625 billion, up 110% year over year. However, capital expenditures stood at $37.5 billion, reflecting significant investment to expand infrastructure amidst rising demand for AI services.