Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on , April 4, 2025.
Microsoft is scheduled to report fiscal fourth-quarter results after markets close on Wednesday.
Here's what analysts are expecting, according to LSEG consensus:
Earnings per share: $3.37
$3.37 Revenue: $73.81 billion
The estimates imply around 14% year-over-year revenue growth for Microsoft, the world's No. 2 company by market cap. Revenue in the same period a year earlier came in at $64.73 billion.
Like technology rivals Alphabet and Amazon , Microsoft has been rushing to add data center capacity to meet soaring demand for running artificial intelligence models. Analysts polled by Visible Alpha expect $100.5 billion in capital expenditures in Microsoft's 2026 fiscal year, which ends in June, representing 14% growth.
Last week Alphabet bumped up its 2025 capital spending forecast by $10 billion to $85 billion.
Investors also track Microsoft's overall Azure cloud computing business, which is expanding as companies migrate software from on-premises data centers. Analysts polled by StreetAccount expect Azure growth of 34.4%, while CNBC's consensus is 35.3%. In the fiscal third quarter, Azure growth came to 33%.
During the quarter, Microsoft celebrated its 50th anniversary, laid off more than 6,000 people and introduced a GitHub feature for assigning coding tasks to the Copilot assistant. The company also said LinkedIn chief Ryan Roslansky would take on added responsibility running Office productivity applications.
... continue reading