Microsoft Corp. (MSFT) Earnings Analysis

Microsoft Corp. (MSFT) delivered mixed results in Q3 FY2026 on revenue of $82.9B versus the $81.4B estimate (+18.3% YoY) and EPS of $4.27. The next Microsoft Corp. (MSFT) earnings date is Jul 29, 2026. Below is the full Microsoft Corp. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Microsoft Corp. (MSFT) Earnings Analysis — key stats

Next earnings dateJul 29, 2026
Latest reported quarterQ3 FY2026
Earnings verdictMixed
EPS beat rate7 of last 8 (quarters above estimate)
Avg next-day move±5.6% (over the last 8 reports)
Post-earnings directionUp 2 / Down 6 (of the last 8 reports)
Implied move (next report)±10.2% (options-derived · into Jul 29, 2026)
Revenue$82.9B (vs $81.4B est · +1.8% surprise · +18.3% YoY)
EPS$4.27 (vs $4.06 est · +5.2% surprise · +23.3% YoY)
Share price$390.49 (+1.6%)
Market cap$2.90T

Microsoft Corp. (MSFT) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 2026$82.9B vs $81.4B est$4.27 vs $4.06 est+5.2%-5.0%Mixed
Q1 2026$81.3B vs $80.3B est$4.14 vs $3.90 est+6.2%-9.8%Mixed
Q4 2025$77.7B vs $75.5B est$4.13 vs $3.67 est+12.5%-3.0%Beat
Q3 2025$76.4B vs $73.9B est$3.65 vs $3.37 est+8.3%+4.1%Beat
Q2 2025$70.1B vs $68.4B est$3.46 vs $3.22 est+7.5%+8.0%Beat
Q1 2025$69.6B vs $68.9B est$3.23 vs $3.15 est+2.5%-7.2%Mixed
Q4 2024$65.6B vs $64.6B est$3.30 vs $3.10 est+6.5%-5.9%Mixed
Q3 2024$64.7B vs $64.4B est$2.95 vs $2.93 est+0.7%-2.0%In line

What you'll find

Frequently asked questions

When is Microsoft Corp.'s next earnings date?
Microsoft Corp.'s (MSFT) next scheduled earnings date is Jul 29, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Microsoft Corp. (MSFT) beat or miss earnings?
In Q3 FY2026, Microsoft Corp. (MSFT) posted mixed results — revenue of $82.9B versus the $81.4B estimate (+1.8% surprise) and EPS of $4.27 versus $4.06 expected (+5.2% surprise). Magnisto decodes every Microsoft Corp. (MSFT) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Microsoft Corp. beat earnings estimates?
Over its last 8 reported quarters, Microsoft Corp. (MSFT) beat Wall Street EPS estimates 7 times, most recently a mixed result in Q2 2026. Magnisto tracks every Microsoft Corp. (MSFT) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Microsoft Corp. stock move after earnings?
Over its last 8 quarterly reports, Microsoft Corp. (MSFT) moved an average of ±5.6% the day after earnings — ranging from -9.8% (Q1 2026) to +8.0% (Q2 2025). The stock rose after 2 of those 8 reports and fell after 6. Heading into its next report on Jul 29, 2026, options-implied volatility is pricing in a move of roughly ±10.2% (derived). Magnisto tracks the realized post-earnings move for every Microsoft Corp. (MSFT) quarter alongside the beat/miss verdict — past moves don't predict the next one.
What is the forecast for Microsoft Corp. (MSFT) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Microsoft Corp. (MSFT), anchored to the current $390.49 share price, so you can weigh the bull, base and bear cases for Microsoft Corp. side by side.
Is Microsoft Corp. (MSFT) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Microsoft Corp. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.