Amy Hood

Executive VP & CFO, Microsoft

Search every verified Amy Hood interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Amy Hood, Microsoft's chief financial officer, participated in the company's fiscal year 2026 fourth quarter earnings call on July 29, 2026. During the call, she reported that Microsoft delivered over $331 billion in revenue for the fiscal year, with growth accelerating to 18%, and operating income growth of 21% to more than $155 billion. She stated that capital expenditures were $41 billion, with roughly two-thirds allocated to short-lived assets such as CPUs and GPUs, and noted that the company expected FY27 capital expenditures to grow year-over-year given demand signals. Hood also announced that, effective at the start of FY27, Microsoft was extending the estimated useful life of its data centers and office buildings from 15 to 25 years, reflecting operating history and expected use of these assets. In her outlook commentary, Hood said the company expected another fiscal year of double-digit revenue and operating income growth, with operating expenses growing in the mid to high single digits due to continued investment in R&D, compute capacity, talent, and data. She projected full fiscal year operating margins would be down less than a point despite the investments, and that the company would remain free cash flow positive in FY27. Hood also guided for an FY27 effective tax rate of approximately 20% and provided first-quarter segment guidance, including expectations for foreign exchange to decrease total revenue growth by less than one point. She noted that demand exceeded available supply in a relatively extreme moment, but emphasized that much of the capital expenditure had shifted toward short-lived assets, allowing the company to slow down the largest component if the demand environment changed.