# Microsoft Stock Jumps 9% as Azure Tops $100 Billion in Annual Revenue

*2026-07-31 02:01 UTC · Business · 1 min read*

> Microsoft beat Q4 estimates with $90B in revenue as Azure cloud growth accelerated to 43% and crossed $100B annually for the first time, sending shares up 9% and lifting the Nasdaq.

Microsoft shares surged as much as 9% on Thursday after the company reported fiscal fourth-quarter revenue of $90 billion, up 18% year-over-year and well ahead of the $87.6 billion Wall Street expected. The standout figure: Azure cloud revenue grew 43% in constant currency, accelerating from 40% the prior quarter, and crossed $100 billion in annual revenue for the first time in company history.

Diluted earnings per share came in at $4.81, up 32% from a year earlier, while Microsoft Cloud revenue overall reached $59.3 billion, up 27%. Capital expenditures landed at $41 billion including leases, below the $42 billion investors had feared, easing concerns that runaway AI infrastructure spending was outpacing returns. Commercial remaining performance obligations jumped 84% to $678 billion, and Microsoft disclosed more than 30 million paid Copilot seats.

The rally helped push the Nasdaq Composite to its best single session since mid-June, snapping a six-day losing streak, with Microsoft alone contributing roughly 1 percentage point to the index's 2.6% gain. Several analysts raised price targets following the report, including Citi to $600 and Wells Fargo to $650, as the results offered concrete evidence that heavy AI infrastructure spending is starting to convert into cloud revenue.

## Sources

- [finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/microsoft-surges-9-azure-tops-130654536.html)
- [fool.com](https://www.fool.com/investing/2026/07/30/nasdaq-best-day-since-june-on-microsoft-surge/)

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TechTools News · https://techtools.cz/tools/news/article/2103-microsoft-stock-jumps-9-as-azure-tops-100-billion-in-annual-revenue
Česká verze: https://techtools.cz/tools/news/clanek/2176-akcie-microsoftu-vyskocily-o-9-pote-co-azure-prekrocil-rocni-trzby-100-miliard