Microsoft Corporation (MSFT) earnings date & stock reaction
MSFT · Microsoft Corporation · Software
Microsoft Corporation earnings date & time
Schedule
- Korea time (KST)
- Thu, October 29
- Reporting pattern
- 12 of last 12 after close
- Typical move
- ±5.4% · 12-report avg
What the market expects
Consensus EPS
$4.72Coming in above this counts as a beat
- Year-ago quarter
- $4.13→+14.3%
“This year, Azure revenue surpassed $100 billion for the first time, and Microsoft 365 Copilot reached over 30 million paid seats, reflecting the confidence customers are placing in us to power their AI transformation.”
“We delivered a strong quarter to close out the fiscal year, highlighted by Microsoft Cloud revenue of $59.3 billion, up 27% year-over-year.”
- ▲Strong Cloud and AI Growth
- Microsoft Cloud revenue was $59.3 billion, up 27% vs last year.
- Azure and other cloud services revenue grew 43% vs last year, demonstrating strong market demand.
- ▲AI Product Adoption and Monetization
- Microsoft 365 Copilot paid seats surpassed 30 million, with net seat additions more than doubling quarter-over-quarter.
- GitHub Copilot revenue accelerated over 60% quarter-over-quarter.
- ▲Significant Increase in Commercial RPO
- Commercial remaining performance obligation (RPO) grew 84% vs last year to $678 billion, enhancing future revenue visibility.
- ▼Decline in Personal Computing Segment
- More Personal Computing revenue was $12.9 billion, down 4% vs last year.
- Windows OEM and Devices revenue fell 7%, and XBOX content and services revenue decreased 10% vs last year.
- ▼Margin Pressure
- Total company gross margin percentage was 67%, down vs last year, driven by a sales mix shift to Azure and increased AI infrastructure investments.
- ▼High Capital Expenditure Burden
- Capital expenditures reached $41 billion for the quarter, primarily driven by investments in short-lived assets like CPUs and GPUs.
Microsoft Corporation (MSFT) rose the day after earnings in 5 of its last 12 reports (42%), moving ±5.4% on average. It has fallen despite beating the consensus estimate 7 times.
Even when EPS beat expectations, the stock fell 7 of the last 12 times. The number alone doesn't move it.
When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.
The real bar for this stock
Beating estimates isn't enough. Here's where the real surprise started.
How this stock reacts to earnings
Traits seen across its recent earnings reactions
Earnings number vs guidance: which drives it?
How often the beat/miss matched the actual price move
7/12 beats fell next day · watches Azure growth · AI capex
- Jun 2026 report+15.5%
- Mar 2026 report-3.9%
- Dec 2025 report-10.0%
- Sep 2025 report-2.9%
- Jun 2025 report+4.0%
- Mar 2025 report+7.6%
Earnings timeline · bars = next-day move, ▲▼ = beat/miss
Earnings trend · last 12 quarters
Earnings history and price reaction
| Quarter ended | Reported (ET) | vs market expectation (consensus) | Earnings day | After 5 days |
|---|---|---|---|---|
| 6/2026 | 2026-07-29 | +11.8% | +15.5% | +24.8% |
| 3/2026 | 2026-04-29 | +4.9% | -3.9% | -2.5% |
| 12/2025 | 2026-01-28 | +5.7% | -10.0% | -14.0% |
| 9/2025 | 2025-10-29 | +12.7% | -2.9% | -6.3% |
| 6/2025 | 2025-07-30 | +8.1% | +4.0% | +2.3% |
| 3/2025 | 2025-04-30 | +7.4% | +7.6% | +9.6% |
12 reports, quarters ending 9/2023 to 6/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.
Frequently asked questions
When is the next Microsoft Corporation earnings date?
The next Microsoft Corporation (MSFT) earnings report is expected Wed, October 28 around 4:00 PM ET, after the close. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.
What is the consensus EPS forecast for Microsoft Corporation's next earnings?
Analysts expect EPS of about $4.72 for Microsoft Corporation (MSFT). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.
Does Microsoft Corporation (MSFT) stock usually go up after earnings?
Over the last 12 earnings reports, the stock rose on 5 of them (42%). The average move on earnings day was ±5.4%.
Does Microsoft Corporation react more to the earnings numbers or to guidance?
In 7 of the last 12 reports (58%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.
Can Microsoft Corporation stock fall even when earnings are good?
Yes. In 7 of the last 12 reports, Microsoft Corporation fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.
Does Microsoft Corporation stock keep moving after the earnings day?
Over the last 12 reports, the move continued in the same direction for the following five trading days 50% of the time. This tendency is known as post-earnings announcement drift.