--- title: Microsoft Q4: Azure tops $100bn, AI bet mostly pays off description: Microsoft's Q4 FY2026 results show Azure growing 43% year-on-year, surpassing $100bn in annual revenue for the first time. Total quarterly revenue hit $90bn... canonical: https://daily.dev/posts/microsoft-q4-azure-tops-100bn-ai-bet-mostly-pays-off-gjjsox3eh twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Microsoft Q4: Azure tops $100bn, AI bet mostly pays off | daily.dev og:description: Microsoft's Q4 FY2026 results show Azure growing 43% year-on-year, surpassing $100bn in annual revenue for the first time. Total quarterly revenue hit $90bn... og:url: https://daily.dev/posts/microsoft-q4-azure-tops-100bn-ai-bet-mostly-pays-off-gjjsox3eh og:image: https://api.daily.dev/og/posts/GjjSOx3eH.png og:image:alt: Microsoft Q4: Azure tops $100bn, AI bet mostly pays off og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Microsoft Q4: Azure tops $100bn, AI bet mostly pays off **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 1 upvotes · 0 comments ## Summary Microsoft's Q4 FY2026 results show Azure growing 43% year-on-year, surpassing $100bn in annual revenue for the first time. Total quarterly revenue hit $90bn (up 18%) and net income reached $35.8bn (up 31%, though boosted by a $3.2bn Anthropic stake gain). The commercial backlog surged 84% to $678bn, with growth increasingly coming from customers beyond OpenAI. Microsoft 365 Copilot paid seats crossed 30 million. The flip side: capital expenditure hit $35.8bn for the quarter alone and $116bn for the full year, more than double the prior year, as the AI infrastructure build-out continues to accelerate. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much did Microsoft Azure grow in its most recent quarter and what was full-year revenue? Azure and other cloud services grew 43% year on year in the quarter ending June 30, ahead of the 40% analysts expected and up from 40% growth the prior quarter. For the full fiscal year, Azure revenue passed $100bn for the first time, driven partly by demand that exceeded Microsoft's available computing capacity. _Anyone tracking cloud infrastructure trends can follow Azure's growth trajectory and capacity constraints on daily.dev._ ### How much of Microsoft's commercial backlog is tied to OpenAI? Microsoft said in January that about 45% of its commercial backlog was tied to OpenAI. In the most recent quarter, the backlog jumped 84% year on year to $678bn, with sequential growth coming from customers other than the big model developers, easing concerns about reliance on a single AI partner. _Developers weighing AI infrastructure dependencies can track backlog and partner concentration shifts on daily.dev._ ### How much is Microsoft spending on AI infrastructure capital expenditure? Microsoft spent $35.8bn on property and equipment in a single quarter, more than double the $17bn spent a year earlier, bringing full fiscal year capital spending to about $116bn. Net income still grew 31%, partly lifted by a one-off $3.2bn gain from its stake in Anthropic, though profit excluding OpenAI investment swings grew 22%. _Those evaluating AI spending sustainability can follow capex and profit trends alongside daily.dev._ ## Similar posts on daily.dev - [Microsoft finally puts a dollar figure on Azure, and narrows what Azure means](https://daily.dev/posts/microsoft-finally-puts-a-dollar-figure-on-azure-and-narrows-what-azure-means-oplpfsbqk) · The Next Web · 0 upvotes · 0 comments - [Alphabet tops $100 billion quarterly revenue for first time, cloud grows 34%](https://daily.dev/posts/alphabet-tops-100-billion-quarterly-revenue-for-first-time-cloud-grows-34--vmbrlnvrq) · Hacker News · 1 upvotes · 0 comments - [Premium: The Hater's Guide To Microsoft](https://daily.dev/posts/premium-the-hater-s-guide-to-microsoft-knpqydshi) · Where's Your Ed At · 28 upvotes · 1 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#cloud](https://daily.dev/tags/cloud), [#microsoft](https://daily.dev/tags/microsoft), [#azure](https://daily.dev/tags/azure), [#openai](https://daily.dev/tags/openai) [View this post on daily.dev](https://daily.dev/posts/microsoft-q4-azure-tops-100bn-ai-bet-mostly-pays-off-gjjsox3eh) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Microsoft Q4: Azure tops $100bn, AI bet mostly pays off","url":"https://daily.dev/posts/microsoft-q4-azure-tops-100bn-ai-bet-mostly-pays-off-gjjsox3eh","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/microsoft-q4-azure-tops-100bn-ai-bet-mostly-pays-off-gjjsox3eh"},"datePublished":"2026-07-29T21:01:56.356Z","dateModified":"2026-09-14T08:55:00.287Z","description":"Microsoft's Q4 FY2026 results show Azure growing 43% year-on-year, surpassing $100bn in annual revenue for the first time. 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