Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion

Financial Performance - Microsoft reported revenue beating expectations, reaching $90.1 billion [1] - GAAP EPS exceeded expectations, with adjusted EPS for the quarter reaching $4.74 [1] - The EPS calculation excludes the impact from OpenAI, but includes a $3.2 billion gain related to Anthropic [1] Cloud and AI Growth Dynamics - Azure revenue growth reached 43%, outperforming the street expectation of 40% [2] - Azure annual revenue surpassed $100 billion for the first time [2] - Microsoft 365 Copilot surpassed 30 million paid seats, reflecting strong customer confidence in AI transformation [2][3] Market Reaction - Microsoft shares traded more than 3% higher following the earnings report [3]