Microsoft Earnings Hit $81B On Cloud And AI Surge To Offset Big Dip In Xbox Hardware

Microsoft’s earnings for the second quarter of its 2026 fiscal year managed to top expectations on Wall Street, with the Redmond outfit reporting $81.3 billion in revenue, which is a 17% increase from the same period in the prior year. The bulk of the revenue came from its Cloud business, leading to an overall net profit of $30.9 billion (non-GAAP