today announced the following results for the quarter ended March 31, 2026, as compared to the corresponding period of last fiscal year: • Revenue was $82.9 billion and increased 18% (up 15% in constant currency) • Operating income was $38.4 billion and increased 20% (up 16% in constant currency) • Net income was $31.8 billion and increased 23% on a GAAP basis, and increased 20% (up 18% in constant currency) on a non-GAAP basis • Diluted earnings per share was $4.27 and increased 23% on a GAAP basis, and increased 21% (up 18% in constant currency) on a non-GAAP basis • Non-GAAP results exclude the impact from investments in OpenAI, explained in the Non-GAAP Definition section below “We are focused on delivering cloud and AI infrastructure and solutions that empower every business to eval-max their outcomes in the agentic computing era,” said Satya Nadella, chairman and chief executive officer of Microsoft.