Xbox misses Microsoft executive pay target for fifth time in six years

Microsoft's Xbox division missed its fiscal 2026 target of 4.3% growth in content and services revenue, with that revenue down 6% by the compensation measure. It is the fifth miss in six years, following Xbox's plan to cut 3,200 jobs.

• Xbox revenue target was 4.3% growth; revenue fell 6% instead
• Fifth miss in six years, with fiscal 2025 the only exception
• Satya Nadella's fiscal 2026 compensation was about $90.6 million
• Xbox announced 3,200 layoffs as part of a year-long reset