Elevated news coverage of Microsoft in the past 30 days has centred on its Q2 2026 earnings release. Microsoft shares gained 8% on 30 July 2026 following results driven by Azure cloud growth and its Copilot AI product suite, according to CNBC [Brief - 2026-08-12]. The reporting period coincided with broader macro relief as US wholesale prices showed no change in July and core inflation data indicated a slowdown in upstream price pressures, per MarketWatch and Bloomberg coverage cited in session briefings [Brief - 2026-08-13]. Geopolitical developments, including Strait of Hormuz tensions and IEA supply revisions, formed part of the wider market backdrop during this period [Brief - 2026-08-12, Brief - 2026-08-07].
Microsoft's trailing twelve-month revenue as of 31 March 2026 stood at $331.84 billion, reflecting year-over-year growth of 18.3%. Net income over the same period was $133.75 billion, with a net margin of 40.3% and an operating margin of 46.8%. Gross margin was recorded at 67.9%. Earnings per share grew 23.4% year-over-year. The company reported cash holdings of $20.94 billion against total debt of $40.29 billion. The price-to-earnings ratio stood at 27.68, with a market capitalisation of approximately $3.69 trillion [SEC 10-Q - MSFT - 2026-03-31].
Insider activity over the past 30 days recorded three transactions with a net direction of selling, totalling approximately $7.27 million in net value disposed [SEC Form 4 - MSFT - 2026-08]. No notable 13F institutional holding changes were available in the provided data for this reporting period.
The prevailing macro environment as of the generation date shows the 10-year US Treasury yield at 4.68% and the 2-year yield at 4.20%, producing a normal yield curve configuration [FRED DGS10, FRED DGS2]. This rate environment forms part of the broader financial context in which Microsoft's valuation metrics and debt position are being observed.