By Trefis Team
Publication Date: 2026-01-29 13:28:00
15 January 2026, Bavaria, Munich: The Microsoft logo and lettering can be seen on the Microsoft Deutschland GmbH headquarters building in Parkstadt Schwabing in Munich (Bavaria). Microsoft Corporation is the world’s largest software manufacturer and one of the largest companies in the world. (symbol image, symbol photo, illustration, symbolic photo, illustrative photo, theme image, general image, theme photo) Photo: Matthias Balk/dpa (Photo by Matthias Balk/picture alliance via Getty Images)
dpa/picture alliance via Getty Images
Microsoft exceeded earnings expectations — why did the stock drop 7% after hours?
The reason is that Azure’s growth is slowing down, and the dependency on OpenAI has become starkly apparent. Q2 fiscal 2026 revenue reached $81.27 billion, compared to the $80.27 billion that was anticipated. EPS was $4.14, an increase from the $3.97 expected. Both figures are positive surprises. However, Azure growth guidance for Q3 was only projected at 37% to 38% in…
