Microsoft’s FY26 Q3 Earnings Show Second-Straight 30%+ Decline for Xbox Hardware, Overall Xbox Revenue Down 5%
Microsoft reported its fiscal year 2026 third-quarter earnings today, and when it comes to Xbox revenue, while new chief executive officer Asha Sharma has been making a lot of noise and a bit of change about a brighter future for Xbox, her tenure hasn't started to impact Xbox's numbers yet, as hardware revenue declined again by over 30%, and Xbox revenue overall saw a 5% decline. "Xbox content and services revenue declined 5% (7% CC) on a prior year comparable that benefited from strong first-party content performance," the report reads. That's three quarters of decline in a row for the […]
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