Skip to content
AnalystLens

MICROSOFT CORP 8-K Report, Financial Results (Jul 30, 2025)

Reports
Earnings & Results·Exhibits & Filings
Filing Date
Filed July 30, 2025
Period End
July 30, 2025
Security
MSFT
In the record · 2016–202610-K1110-Q328-K106

MSFT filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 106 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Dec ’16Dec ’16
  2. Leadership change8-K · May ’21May ’21
  3. Leadership change8-K · Jun ’26Jun ’26

01—Abstract

Summary

Summary of the 8-K filed July 30, 2025. Cited figures are marked; the original filing is the authoritative source.

Microsoft reported fiscal Q4 2025 results (quarter ended June 30, 2025) that showed strong top- and bottom-line growth, led by its cloud and AI businesses.

Revenue was $76.4 billiona, up 18% (17% in constant currency), operating income rose 23% to $34.3 billion, and net income grew 24% to $27.2 billion, producing diluted EPS of $3.65, up 24%. Microsoft Cloud revenue reached $46.7 billion, up 27%, and Azure and other cloud services grew 39%. For the full fiscal year, revenue was $281.7 billion (up 15%), operating income $128.5 billion (up 17%), and net income $101.8 billion (up 16%), with diluted EPS of $13.64.

Segment performance was broad-based. Intelligent Cloud revenue grew 26% to $29.9 billionb, Productivity and Business Processes grew 16% to $33.1 billion, and More Personal Computing grew 9% to $13.5 billion, with Windows OEM and Devices up only 3%. Operating margin for the quarter was roughly 45%, compared with about 43% a year earlier, indicating operating leverage despite heavy spending.

Capital expenditures on property and equipment were $17.1 billionc in the quarter and $64.6 billion for the year, up sharply from $44.5 billion in fiscal 2024, and property and equipment net of depreciation climbed to $205.0 billion from $135.6 billion. Management returned $9.4 billion to shareholders in the quarter through dividends and buybacks. The filing itself is a furnished Item 2.02 report with the earnings press release as Exhibit 99.1, so the information is not deemed filed under Section 18 of the Exchange Act.

The release provides no forward-looking guidance; management said it would provide guidance on the earnings call. Investors should therefore weigh the strong reported results against the rising capital intensity and the growing dependence on cloud and AI demand, and look to the call for outlook details.

02—Key points

Key Highlights

  1. Revenue of $76.4B in Q4 FY2025, up 18% year over year (17% in constant currency), with full-year revenue of $281.7B, up 15%.
  2. Operating income of $34.3B (up 23%) and net income of $27.2B (up 24%) in the quarter; operating margin of about 45% versus roughly 43% a year earlier.
  3. Diluted EPS of $3.65 in the quarter, up 24%, and $13.64 for the full year, up 16%.
  4. Microsoft Cloud revenue reached $46.7B, up 27%; Azure and other cloud services grew 39%, and Azure surpassed $75B in annual revenue.
  5. Intelligent Cloud revenue rose 26% to $29.9B, Productivity and Business Processes rose 16% to $33.1B, and More Personal Computing rose 9% to $13.5B.
  6. Capital expenditures on property and equipment were $17.1B in the quarter and $64.6B for the year (vs. $44.5B in FY2024), and net property and equipment reached $205.0B, reflecting heavy AI infrastructure investment.
  7. Microsoft returned $9.4B to shareholders in the quarter via dividends and share repurchases; the release contains no forward-looking guidance, which is deferred to the earnings call.

03—Questions

Frequently Asked Questions

  1. How did Microsoft's cloud business perform in the quarter?

    Microsoft Cloud revenue reached $46.7 billion, up 27% (25% in constant currency). Azure and other cloud services revenue grew 39%, and Server products and cloud services grew 27%, showing that cloud and AI demand remained the main growth driver.

  2. Did Microsoft's profitability improve?

    Yes. Operating income rose 23% to $34.3 billion and net income rose 24% to $27.2 billion. Operating margin was roughly 45%, up from about 43% a year earlier, indicating operating leverage even as the company expanded spending.

  3. How much is Microsoft spending on infrastructure?

    Additions to property and equipment were $17.1 billion in the quarter and $64.6 billion for fiscal 2025, compared with $44.5 billion in fiscal 2024. Net property and equipment rose to $205.0 billion from $135.6 billion, signaling heavy AI and data center investment that could pressure free cash flow and future margins.

  4. Does this filing include guidance for the coming fiscal year?

    No. The press release states that Microsoft will provide forward-looking guidance on its earnings conference call and webcast, so investors should review the call for outlook details. The filing also notes the information is furnished, not filed, under Section 18 of the Exchange Act.

  5. Were there any weak spots in the results?

    More Personal Computing grew only 9% in the quarter, and Windows OEM and Devices revenue rose just 3%. Growth was concentrated in Intelligent Cloud and Microsoft Cloud, so the company's overall growth depends heavily on those segments.

04—Continue

← View all 8-K filings