Microsoft Q3 Earnings Exceed Estimates, AI Business Revenue Surpasses $37 Billion

Microsoft reported Q3 earnings that exceeded analyst expectations, with AI business revenue growing 123% year-over-year to a $37 billion annual run rate. The company also announced changes to its agreement with OpenAI, eliminating revenue-sharing payments, though OpenAI can now share its IP and models with other cloud providers.

By Daniel Howley · Technology Editor Updated Thu, April 30, 2026 at 7:02 AM PDT 2 min read · Yahoo Finance · April 30, 2026, 14:02 UTC

Tickers: $MSFT

Topics: AI Business Earnings Microsoft OpenAI Revenue Growth Stock Performance

Read the full article at Yahoo Finance

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