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Microsoft CEO Satya Nadella (Jason Redmond/Getty Images)

Microsoft powers past Q4 earnings and revenue expectations

Double-digit revenue growth in its cloud and productivity businesses helped push revenue 18% higher.

Jon Keegan

Shares of Microsoft surged after the company blew past fiscal fourth-quarter earnings and revenue expectations.

Shares were up 7.3% in recent after-hours trading.

The tech giant reported revenue of $76.4 billion, up 18% year on year, surpassing Wall Street estimates of $73.86 billion. Earnings per share came in at $3.65, compared with analysts’ expectations of $3.37, according to FactSet.

Breaking down the results by the company’s businesses:

  • ☁️ 🤖 “Intelligent Cloud” (Azure, server products): $29.9 billion in revenue, up 26% year on year

  • 📝 📊 “Productivity and Business Processes” (Microsoft 365, LinkedIn, Dynamics): $33.1 billion in revenue, up 16% year on year

  • 💻 🎮 “More Personal Computing” (Windows, Xbox, Bing): $13.5 billion in revenue, up 9% year on year

Microsoft CEO Satya Nadella said demand for cloud computing and AI was powering the company’s strong performance:

“Cloud and AI is the driving force of business transformation across every industry and sector. We’re innovating across the tech stack to help customers adapt and grow in this new era, and this year, Azure surpassed $75 billion in revenue, up 34 percent, driven by growth across all workloads.”

Capital expenditures for the quarter were $17.08 billion, compared to analysts’ consensus of $17.84 billion. The company had forecast an increase from the third quarter’s $16.7 billion.

Microsoft’s Azure cloud business grew 39% year on year.

For FY 2025, total revenue was $281.7 billion, up 15%.

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Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

  • Revenue of $11.0 billion (estimate: $10.8 billion).

  • Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

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