Microsoft Corporation (MSFT) Q3 2025 Earnings Call Transcript

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Q3: 2025-04-30 Earnings Summary

Insights
EPS of $3.46 beats by $0.24
 | Revenue of $70.07B (13.27% Y/Y) beats by $1.62B

Microsoft Corporation (NASDAQ:MSFT) Q3 2025 Earnings Conference Call April 30, 2025 5:30 PM ET

Company Participants

Jonathan Neilson - VP, IR
Satya Nadella - Chairman and CEO
Amy Hood - EVP and CFO

Conference Call Participants

Keith Weiss - Morgan Stanley
Brent Thill - Jefferies
Mark Moerdler - Bernstein Research
Karl Keirstead - UBS
Kash Rangan - Goldman Sachs
Mark Murphy - JPMorgan
Kirk Materne - Evercore ISI
Alex Zukin - Wolfe Research

Operator

Greetings, and welcome to the Microsoft Fiscal Year 2025 Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce Jonathan Neilson, Vice President of Investor Relations. Please go ahead.

Jonathan Neilson

Good afternoon, and thank you for joining us today. On the call with me are Satya Nadella, Chairman and Chief Executive Officer; Amy Hood, Chief Financial Officer; Alice Jolla, Chief Accounting Officer; and Keith Dolliver, Corporate Secretary Deputy General Counsel.

On the Microsoft Investor Relations website, you can find our earnings press release and financial summary slide deck, which is intended to supplement our prepared remarks during today’s call and provides the reconciliation of differences between GAAP and non-GAAP financial measures. More detailed outlook slides will be available on the Microsoft Investor Relations website when we provide outlook commentary on today’s call.

On this call, we will discuss certain non-GAAP items. The non-GAAP financial measures provided should not be considered as a substitute for or superior to the measures of financial performance prepared in accordance with GAAP. They are included as additional clarifying items to aid investors in further understanding the company’s third quarter performance in addition to the impact these items and events have on the financial

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