研报掘金丨中金：微软第二财季业绩超预期，维持“跑赢行业”评级及目标价586美元

格隆汇资讯02-05

中金发表报告指，微软公布2026财年第二季业绩，总营收按年增17%至813亿美元，市场预期增15%，该行预期增16%；营业利润按年增21%至383亿美元，市场预期366亿美元，该行预期369亿美元；GAAP口径净利润受到投资Open AI收益的推动按年大幅增长60%至385亿美元，市场预期288亿美元，该行预期275亿美元；去除Open AI投资影响的Non-GAAP口径对应摊薄后每股盈利按年增...

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