微软在2026财年第四季度财报中披露了其AI投资的分化表现。[1]对Anthropic的投资在该季度产生了32亿美元的收益，提升每股稀释收益33美分。[1]相比之下，微软对OpenAI的投资同期出现约6亿美元的下降，拖累每股稀释收益约7美分。[1]
微软持有OpenAI约27%的股份。[1]尽管本季度OpenAI投资承压，但微软全年从该投资获得50亿美元收益，贡献每股收益0.67美元。[1]微软2025年11月宣布向Anthropic投资50亿美元，同时Anthropic承诺购买300亿美元的Azure云服务。[1]整个2026财年，微软营收达3318亿美元，净利润为1337亿美元。[1]
Microsoft reported a $3.2 billion gain from its Anthropic investment in the fourth quarter of fiscal year 2026, contributing 33 cents to diluted earnings per share [1]. The company's stake in OpenAI, by contrast, declined by approximately $600 million during the same period, reducing diluted earnings per share by around 7 cents [1]. Microsoft owns roughly 27 percent of OpenAI [1].
The divergent performance reflects Microsoft's expanded commitment to Anthropic following a $5 billion investment in November 2025, under which Anthropic agreed to purchase $30 billion in Azure services [1]. For the full fiscal year 2026, Microsoft's OpenAI investment generated $5 billion in gains, contributing $0.67 per share to earnings [1]. Microsoft posted quarterly revenue of $90 billion with net income of $358 billion in Q4, and full-year 2026 revenue reached $331.8 billion with net income of $133.7 billion [1].