Any time a company as large as Microsoft surges in a relatively short period, investors are reasonable to ask how much larger the company can get.So, let's examine the tech giant's recent financial results, capital allocation strategy, and artificial intelligence opportunity to determine whether Microsoft 's stock has room to run or has reached its ceiling.Given Microsoft's massive market capitalization of $3.2 trillion, it should come as no surprise that the company is setting records for its top and bottom lines. In its fiscal 2024, Microsoft reported $245.1 billion in revenue and $88.1 billion in net income. By contrast, in its fiscal 2023, it earned $211.9 billion in revenue and $72.4 billion in net income, reflecting year-over-year growth of 15.7% and 21.8%, respectively.