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Microsoft's commercial remaining performance obligations surge to $625 billion, with OpenAI accounting for 45%

Wednesday, January 28, 2026 at 11:01 PM

Microsoft's CFO reported a 110% year-over-year increase in commercial remaining performance obligations (RPO) to $625 billion, with about 45% of this balance attributed to OpenAI. The RPO has a weighted average duration of approximately 2.5 years, with 25% expected to be recognized as revenue in the next 12 months (up 39% year-over-year) and the remainder increasing by 156% year-over-year.

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