As of Q2'26 (2025-12-31), Microsoft’s net income reached 38.5B USD, marking the highest value in the period covered. The year-over-year (YoY) growth rate for this quarter surged to 59.5%, indicating a significant acceleration compared to previous quarters. From Q3'23 to Q2'26, Microsoft’s net income exhibited a steady upward trend, rising from 18.3B USD to 38.5B USD. The growth was generally consistent, with notable increases in Q1'25 and Q4'25, and a sharp jump in Q2'26. YoY growth rates fluctuated between 9.7% and 33.2% for most of the period, before spiking dramatically in the latest quarter, suggesting a recent and substantial improvement in profitability.