Analyst Andrew Sather stated that Microsoft's net accounts receivable increased from $57 billion to $81 billion by the end of fiscal year 2026, which could signal power dynamics in business relationships. He believes that when accounts receivable grow faster than the underlying business, companies may be quietly financing their customers. Nevertheless, Microsoft's commercial remaining performance obligations (RPO) still grew by 84% to $678 billion, with a weighted average duration of 2.3 years, indicating deep customer lock-in. Microsoft CFO Amy Hood previously noted that RPO growth was primarily driven by non-frontier model customers, and excluding OpenAI, RPO still grew by 25%.