Microsoft Corp

MSFT: XNAS (USA)

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Microsoft Earnings: Good Quarter With AI Demand Ramping and Azure Good; Guidance In Line

Dan Romanoff

Jan 29, 2026

Microsoft's second-quarter results topped the high end of guidance. Revenue increased 15% year over year in constant currency to $81.3 billion, compared with the high end of guidance of $80.6 billion. The operating margin was 47.1%, compared with the high end of guidance at 45.8%.

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Microsoft Corp

Microsoft Earnings: Good Quarter With AI Demand Ramping and Azure Good; Guidance In Line

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