Microsoft Corporation (NASDAQ:MSFT) ranks among billionaire David Tepper’s 10 favorite stocks. Microsoft Corporation (NASDAQ:MSFT) reported its fiscal Q2 2026 earnings on January 28, with total revenue up 17%, driven by strong demand for its cloud services and AI programs. On an adjusted basis, profitability also exceeded expectations, with adjusted EPS of $4.14 versus the projected $3.92.
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The company’s Intelligent Cloud revenue totaled $32.91 billion, exceeding forecasts of $32.39 billion, indicating continued demand for cloud services and enterprise workloads. Microsoft Corporation also reported that Azure and other cloud revenue increased 38% on a constant-currency basis, which was precisely what the market had predicted.
Looking ahead, Microsoft Corporation expects Q3 2026 revenue to be between $80.65 billion and $81.75 billion, representing a 15-17% increase. Meanwhile, Azure revenue is expected to increase by 37–38% in constant currency.
Microsoft Corporation develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide.
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This article is originally published at Insider Monkey.
