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MarketBeat
MarketBeat
Business
Chris Markoch

Microsoft’s Copilot Problem Isn’t What You Think

Microsoft Corp. (NASDAQ: MSFT) continues to trade near its 52-week low and is one of the worst-performing Magnificent Seven stocks (which are a lot less magnificent in 2026). One reason for the sour sentiment in Microsoft has to do with Copilot, the company’s artificial intelligence AI tool that integrates with its Microsoft 365 software and productivity suite.

In Microsoft’s Q2 2026 fiscal year earnings report, it cited 15 million paid Microsoft 365 Copilot seats. That’s the first time the company gave a paid-seat number for Copilot. It left analysts and investors wanting more.

At $30 per user per month, 15 million seats are significant. But it’s tiny compared to the revenue Microsoft generates from products like Azure and its massive installed user base.

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