What is Microsoft's expected EPS for Q4 2026?

Analysts expect Microsoft (MSFT) to report consensus EPS of approximately $4.24 for Q4 2026. Estimates range from $4.07 to $4.89.

What revenue do analysts expect for Microsoft in Q4 2026?

The consensus revenue forecast for Microsoft (MSFT) in Q4 2026 is approximately $87.7B. Forecasts range from $86.9B to $91.2B.

How many analysts cover Microsoft?

22 analysts contribute to the Microsoft (MSFT) Q4 2026 consensus estimate.

Has Microsoft beaten earnings estimates recently?

Microsoft beat analyst EPS estimates in 2 of the last 2 quarters. Microsoft beat revenue estimates in 2 of 2. In the most recent quarter (Q3 2026), Microsoft EPS beat by 5.2% and revenue beat by 1.8%.

When does Microsoft report Q4 2026 earnings?

Microsoft (MSFT) is expected to report Q4 2026 earnings on July 29, 2026 after market close.

MSFT Q4 2026 earnings estimate

Consensus EPS · Q4 2026

$4.24

Consensus revenue · Q4 2026

$87.7B

Analysts

Expected report

Jul 29, 2026

After close

Upcoming earnings

Locks in 6 days 9 hours · AMC: Locks at 4:00 PM ET on report day

Revenue$87.7B$86.9B – $91.2B

EPS$4.24$4.07 – $4.89

What to watch

Analyst ratings: Mixed

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Analyst consensus

Based on estimates from 22 analysts.

Metric	Low	Consensus	High
Revenue	$86.9B	$87.7B	$91.2B
EPS	$4.07	$4.24	$4.89
EBITDA	$45.7B	$45.9B	$46.4B
EBIT	$38.4B	$38.5B	$38.9B
Net income	$30.5B	$31.6B	$34.4B

Revenue$87.7B
EPS$4.24
EBITDA$45.9B
EBIT$38.5B
Net income$31.6B

Historical beat/miss

Actual reported results vs. analyst consensus at the time. Positive = beat, negative = miss.

Period	Rev. actual	Rev. est.	Rev. surprise	EPS actual	EPS est.	EPS surprise
Q3 2026	$82.9B	$81.4B	+1.8%	$4.27	$4.06	+5.2%
Q2 2026	$81.3B	$80.3B	+1.2%	$4.14	$3.90	+6.1%

Q3 2026+1.8%+5.2%
Q2 2026+1.2%+6.1%

Estimate revisions

How analyst consensus estimates have changed over the past 90 days.

Collecting data

Revision trends appear once we have collected at least two daily snapshots for this period.

Community vs analysts

See how the TickerLeague crowd's forecast stacks up against Wall Street.

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No community consensus for Microsoft (MSFT) Q4 2026 yet. Make a prediction to start the crowd forecast.

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Analyst price target

Based on price targets from 8 analysts.

Low: $400.00
Consensus: $551.04
Median: $550.00
High: $680.00
Current: $390.34
Upside: +41.2%

Upside calculated vs most recent trading price of $390.34.

Analyst ratings

Consensus: Buy — based on 82 analyst ratings.

Buy 66Hold 16

24-month trend

Recent analyst actions

Date	Firm	Action	From	To
Jul 15, 2026	Wells Fargo	maintain	Overweight	Overweight
Jul 15, 2026	Mizuho	maintain	Outperform	Outperform
Jul 15, 2026	Evercore ISI Group	maintain	Outperform	Outperform
Jul 15, 2026	Citigroup	maintain	Buy	Buy
Jul 10, 2026	Argus Research	maintain	Buy	Buy
Jul 7, 2026	BMO Capital	maintain	Outperform	Outperform
Jul 6, 2026	Wolfe Research	maintain	Outperform	Outperform
Jul 6, 2026	DA Davidson	maintain	Buy	Buy
Jun 25, 2026	Stifel	maintain	Hold	Hold
Jun 4, 2026	TD Cowen	maintain	Buy	Buy

Jul 15, 2026Wells FargoOverweight
Jul 15, 2026MizuhoOutperform
Jul 15, 2026Evercore ISI GroupOutperform
Jul 15, 2026CitigroupBuy
Jul 10, 2026Argus ResearchBuy
Jul 7, 2026BMO CapitalOutperform
Jul 6, 2026Wolfe ResearchOutperform
Jul 6, 2026DA DavidsonBuy
Jun 25, 2026StifelHold
Jun 4, 2026TD CowenBuy

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