智通财经网·2025-07-31 00:00Core Viewpoint - Microsoft reported strong Q4 FY2025 earnings, exceeding market expectations with revenue of $76.44 billion, a year-over-year growth of 18%, and earnings per share of $3.65, leading to an after-hours stock price surge of 8% [1][3] Financial Performance - Q4 revenue reached $76.44 billion, surpassing the expected $73.83 billion, with a net profit increase from $22.04 billion to $27.23 billion [1] - The intelligent cloud segment, including Azure, saw a 26% year-over-year revenue growth to $29.9 billion, exceeding the expected $28.9 billion [4] - Azure's revenue grew by 39% in Q4, driven by AI service demand, with annual revenue exceeding $75 billion, a 34% increase [4][6] Future Outlook - Microsoft anticipates Q1 FY2026 revenue between $74.7 billion and $75.8 billion, with an expected operating margin of 46.6%, higher than the analyst forecast of 45.7% [3] - Azure's growth rate is expected to maintain at 37% in Q1 FY2026, above the anticipated 33.7% [4] AI and Cloud Investments - Microsoft’s AI investments, including stakes in OpenAI and NVIDIA chips, are yielding significant returns, with the Microsoft 365 Copilot achieving 100 million monthly active users [6] - The company’s capital expenditures reached $24.2 billion in Q4, a 27% increase year-over-year, with expectations for Q1 FY2026 expenditures to exceed $30 billion [10] Other Business Segments - The productivity and business processes segment, including Office and LinkedIn, generated $33.11 billion, surpassing the expected $32.14 billion [9] - The personal computing segment saw a 9% year-over-year revenue increase to $13.45 billion, with device sales growing by 3% [12]