Microsoft stock slips after a $90.01 billion quarter

Microsoft stock is lower after its July 29, 2026 quarter showed $90.01 billion in revenue, $4.74 in EPS, and Azure growth of 43%.

Microsoft Corp. (US5949181045) stock is lower after the July 29, 2026 quarter, with the latest quote snapshot showing $492.43 a share and a $3.66 trillion market value as of August 12, 2026. The same session closed with a -2.26% move, and the quarter itself brought $90.01 billion in revenue and $4.74 in EPS.

Azure and cash flow

The July 29 report also showed Azure growth of 43% and commercial remaining performance obligations of $678 billion, a backlog that gives the AI and cloud story more visibility into coming periods. Revenue rose 17.7% year over year, while the reported EPS beat the $4.24 estimate by $0.50.

That mix matters because Microsoft is still trading near the upper half of its 52-week band at $349.20 to $553.72, even after the recent pullback. MarketBeat's quote page also shows a trailing price-to-earnings ratio of 27.42 and a dividend yield of 0.74%.

Valuation stays central

Investors are still weighing the same July 29 numbers against the stock's size and valuation. The market cap sits at $3.66 trillion, so even a strong quarter has to compete with an already demanding base.

One comparison stands out: fiscal 2026 revenue reached $331.84 billion in the latest reported annual figures, which puts the $90.01 billion quarter into a larger context and shows how much scale Microsoft has already built. Azure crossing $100 billion in annual revenue and Copilot passing 30 million paid seats remain the clearest product markers in that report.

Copilot stays visible

Microsoft 365 Copilot is still the most visible consumer-facing proof point for the company's AI push, while Azure remains the larger revenue engine. That combination of a 43% Azure growth rate and $678 billion in commercial remaining performance obligations is what keeps the long-term debate focused on execution rather than demand.

For the stock itself, the latest quoted level was $492.43 as of August 12, 2026, compared with a 52-week high of $553.72 and a 52-week low of $349.20.

Fact box

Company: Microsoft Corp.

ISIN: US5949181045

Ticker: MSFT

Exchange: NASDAQ

Price (as of August 12, 2026, 4:00 p.m. ET): $492.43 USD

Market cap: $3.66 trillion (as of August 12, 2026)

Sector / Industry: Information Technology / Systems Software

Index membership: Nasdaq-100, S&P 500, Dow Jones Industrial Average

Next earnings date: October 2026