MSFT — Q4 2025 Earnings Call
TechnologyMicrosoft Corporation • Reported: 2025-07-22
EPS Actual
$3.58
Est. $3.50
▲ Beat
Revenue Actual
$73.2B
Est. $72.3B
▲ Beat
Overall Result
Double Beat
EPS + Revenue vs. estimates
Period
Q4 2025
FY2025 • Reported 2025-07-22
Executive Summary
Microsoft closed FY2025 with record Q4 revenue of $73.2 billion, up 15% YoY. Azure grew 38% with AI contributing 19 points. Full-year revenue reached $271 billion. Copilot is now used by over 700,000 organizations.
Key Highlights
Cloud
positive
Azure grows 38%
Azure revenue grew 38% with AI contributing 19 points of growth, accelerating throughout FY2025.
Revenue
positive
Record FY2025
Full-year FY2025 revenue of $271B, up 14% YoY, with every segment contributing to growth.
AI
positive
AI run rate exceeds $20B
AI business surpassed a $20B annual run rate, with enterprise deployments scaling rapidly.
Copilot
positive
700K+ Copilot organizations
Microsoft 365 Copilot adopted by over 700,000 organizations globally.
Direct Quotes
SN
Satya Nadella
CEO • FY2025 Results
"We closed out a record fiscal year. AI is driving the next wave of platform transformation, and Microsoft is leading this shift across every layer of the tech stack."
AH
Amy Hood
CFO • Annual Results
"Full-year revenue was $271 billion, up 14%, with strong growth and operating leverage across all segments."