Tech giants report: a status update
Microsoft reports - $MSFT
Revenue: $82.9 billion versus estimated $81.4 billion.
Earnings per share: $4.27.
Net income: $31.8 billion.
Productivity and business processes:
$35 billion versus estimated $34.4 billion.
Cloud: $34.7 billion.
More personal computing: $13.2 billion versus estimated $12.7 billion.
Total Microsoft Cloud: $54.5 billion.
Azure and other cloud services revenue grew 40% year-over-year.
$MSFT stock is up approximately 3% in after-hours trading.
Google reports - $GOOGL
Revenue: up 22% year-over-year to $109.9 billion (an increase of $2.9 billion).
Operating profit margins of 36% (up 2 percentage points year-over-year).
Net gains of $37.7 billion from equity investments.
Google Cloud:
Revenue: up 63% year-over-year to $20.0 billion.
Operating profit margins of 33% (up 15 basis points year-over-year).
YouTube ads up 11% to $9.9 billion.
$GOOGL stock is up 6% in after-hours trading.
Amazon reports - $AMZN
Revenue: $181.5 billion versus an expectation of $177.2 billion.
Earnings per share: $2.78 versus an estimate of $1.64.
AWS sales: $37.6 billion versus an estimate of $36.7 billion.
Operating profit: $23.9 billion versus an estimate of $20.8 billion.
Q2 guidance
Revenue: $196 billion versus an estimate of $189 billion.
Operating profit: $22 billion versus an estimate of $23 billion.
Capital expenditures for 2026: $200 billion versus an estimate of $200 billion.
$AMZN stock is up 0.5% in after-hours trading.
Meta reports - $META
Revenue of $56.3 billion versus an estimate of $55.4 billion.
Earnings per share: $10.44 versus an estimate of $6.67.
Operating profit: $22.9 billion versus an estimate of $19.4 billion.
Q2 guidance -
Revenue: $60 billion versus an estimate of $60 billion.
Capital expenditures: $135 billion versus an estimate of $125 billion.
$META stock is down approximately 6% in after-hours trading.