Microsoft Q4 FY2026 earnings set for July 29 amid AI spending scrutiny
Microsoft Corporation will release its fiscal fourth‑quarter 2026 results on 29 July 2026. Analysts expect earnings per share of $4.24, a 16.2 % year‑over‑year rise, and revenue of $87.6 billion, up 14.6 % from the prior quarter. The company’s massive AI‑related capital expenditures have pushed its capex‑to‑revenue ratio to a record high among the Magnificent 7 hyperscalers, while its share price gained 9.6 % between 30 June and 28 July 2026, making it the weakest performer in that group. Investors will focus on Azure’s growth, projected to exceed 40 %, and the monetisation of the Microsoft Copilot AI assistant, alongside continued multi‑billion‑dollar investment in data‑center capacity. Technical analysis highlights a key resistance level at $400 per share, with a breakout potentially targeting $425.
The earnings outlook will influence sentiment across the broader AI and cloud sector, as market participants assess whether Microsoft's AI infrastructure spending translates into durable revenue and profit growth.
Entities: Azure · Magnificent 7 · Microsoft Copilot · Microsoft Corporation · US stock market
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] Technical resistance for Microsoft stock is at $400 per share, with a next target of $425 if broken.
- [● 3 SOURCES] Microsoft will release its fiscal Q4 FY2026 earnings on 29 July 2026.
- [○ 1 SOURCE] Microsoft’s capex‑to‑revenue ratio has climbed to a record high among the Magnificent 7 hyperscalers.
- [○ 1 SOURCE] Microsoft’s share price rose 9.6 % between 30 June and 28 July 2026, making it the worst performer among the Magnificent 7.
- [○ 1 SOURCE] Analysts expect Microsoft’s Q4 FY2026 earnings per share of $4.24, a 16.16 % increase year‑over‑year.
- [○ 1 SOURCE] Investors expect Azure growth of over 40 % in the quarter.
- [○ 1 SOURCE] Microsoft is investing billions of dollars in new data‑center and AI‑infrastructure capacity.
- [○ 1 SOURCE] Analysts estimate Q4 FY2026 revenue of $87.62 billion, up 14.62 % year‑over‑year.