Ge Long Hui·2026-01-29 09:24Core Viewpoint - Microsoft reported a 17% year-over-year revenue growth to $81.3 billion for Q2, with operating profit increasing by 21% to $38.3 billion, both exceeding expectations [1] Group 1: Financial Performance - Revenue for the second fiscal quarter reached $81.3 billion, reflecting a 17% increase compared to the previous year [1] - Operating profit rose to $38.3 billion, marking a 21% year-over-year growth [1] Group 2: Azure Cloud Business - Azure cloud computing revenue grew by 38% year-over-year, aligning with analyst expectations, but showed a 1 percentage point slowdown compared to the previous quarter [1] Group 3: Capital Expenditure - Capital expenditures surged by 66% year-over-year, reaching a record $37.5 billion, raising concerns about the sustainability and profitability of AI demand [1]