Companywide results: Overall, Microsoft reported revenue of $90 billion for the quarter, up 18% from a year ago, and net income of $35.8 billion, up 31%. Analysts had expected $87.7 billion in revenue, a figure that was already at the top of Microsoft’s own guidance range. Even excluding those items, the company said, it exceeded expectations across revenue, operating income and earnings per share. That’s still less than 7% of the roughly 450 million commercial Microsoft 365 seats, a gap that has drawn investor skepticism all year. Microsoft said all of the $51 billion increase over the prior quarter came from customers other than the big AI model companies.