Microsoft and Meta report results on Wednesday after the US close

Microsoft and Meta release their latest results on Wednesday 29 July 2026, after the close of the US stock market. Microsoft's report covers the fourth quarter of its 2026 fiscal year, the April to June 2026 period, with the earnings call set for 5:30 p.m. Eastern time.

In Microsoft's report the market is focused on the growth rate of its Azure cloud business, AI capacity supply, the commercialisation of Copilot and data centre capital expenditure. For Meta, investors are watching advertising revenue growth, user engagement and how costs have moved after the company's sharp increase in data centre and AI investment.

The results land on the same day that the Federal Open Market Committee publishes its policy statement at 2:00 p.m. Eastern time, with the Federal Reserve chair's press conference half an hour later.