Microsoft, 2026the weakest performance of the year… capital expenditure 1,900a billion-dollar burden
Microsoft 2026has been the weakest-performing stock among major technology companies so far this year. In fiscal 3quarter revenue 18% increased, while AI products reached an annual 370billion-dollar run rate as 2026capital expenditure of 1,900billion dollars is pressuring margins.
Microsoft 2026has been the weakest performer by share price among the “Magnificent Seven” so far this year. Its shares have fallen 13% year to date. The company’s fiscal 3quarter revenue 18increased by %.
Revenue from AI-related products is growing rapidly. AI products have reached an annual 370billion-dollar run rate. The company presented this figure in its quarterly results.
The company 2026forecasts capital expenditure of 1,900billion dollars for the year. Large-scale investment was cited as a factor pressuring margins. Capital expenditure is focused on building data centers and AI infrastructure.
The current share price is trading at22 times earnings, with a PER of22 being traded. PER is a metric indicating how many times earnings the share price represents. The company reports detailed quarterly execution records related to capital expenditure.
In summary, revenue increased and the run rate of AI revenue grew, while2026 large-scale capital expenditure scheduled for the year is weighing on margins in the short term. The figures in the article are based on the company’s quarterly reports and market data.
The report is dated2026-05-23. Additional figures can be confirmed in the next quarterly earnings announcement.
Sources: The Motley Fool
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.