MicrosoftMSFT

01Microsoft Cloud revenue was $214.4 billion in fiscal year 2026, up from $168.9 billion in fiscal year 2025 Azure and other cloud services revenue grew 41% driven by demand for services across the platform with continued growth across all workloads Microsoft 365 Commercial cloud revenue grew 17% with growth in revenue per user driven by Microsoft 365 Copilot and Microsoft 365 E5 Microsoft 365 Commercial seats grew 6% driven by small and medium businesses and frontline worker offerings

02For fiscal year 2026, we recorded revenue from commercial arrangements with OpenAI, inclusive of revenue-sharing payments, of $24.1 billion We hold rights to OpenAI's intellectual property, including models and infrastructure, for integration into our products Azure AI offerings provide a competitive advantage as companies seek ways to optimize and scale their business with AI Azure AI Foundry is a unified platform for developers to design, customize, and manage AI applications and agents

03Cash from operations increased $46.8 billion to $182.9 billion for fiscal year 2026 Additions to property and equipment increased $51.4 billion, with $34.6 billion committed for construction of new buildings and improvements primarily related to datacenters We have additional leases primarily for datacenters that had not yet commenced of $329.1 billion Gross margin percentage in Intelligent Cloud decreased driven by continued investments in AI infrastructure as well as sales mix shift to Azure, offset in part by efficiency gains in Azure

04Microsoft 365 Commercial products and cloud services revenue increased $14.2 billion or 16% LinkedIn revenue increased driven by growth across all lines of business Office 365 depends on a significant level of integration, interdependency, and interrelation between the desktop applications and cloud services, and are accounted for together as one performance obligation