What is New in Excel for February 2026

Welcome to the February 2026 update. This month we are excited to announce expanded availability for Agent Mode in Excel, as well that you can now query modern Excel workbooks (like .xlsx, .xlsb, .xlsm, .ods) stored locally on your device using Microsoft 365 Copilot Chat, on Windows and Mac.

In addition, we've heard your feedback that working across multiple Copilot entry points can feel fragmented; and to address this, the editing capabilities that App Skills provided will be integrated into Copilot Chat and Agent Mode in Excel, which became generally available earlier this year. Click here to read more >

Excel for Windows and Mac​

Agent Mode in Excel expanded availability

Agent Mode in Excel is now also available for Copilot in Excel users in the EU, including Current Channel and Monthly Enterprise Channel. Read more here >

Query your local Excel files with Copilot Chat

Copilot in Excel now works with locally stored modern workbooks. This gives users faster, more consistent assistance across all their files, improving productivity without requiring changes to how workbooks are stored. Previously, insights and analysis from Copilot Chat were limited to Excel workbooks stored in the cloud. With this new feature, analyzing your locally saved Excel workbooks with Copilot Chat makes it possible to stay productive even when you’re offline. This feature is currently rolling out on Windows and Mac. Read more here >



Many of these features are the result of your feedback. THANK YOU! Your continued Feedback in Action (#FIA) helps improve Excel for everyone. Please let us know how you like a particular feature and what we can improve upon—"Give a compliment" or "Make a suggestion"..  You can also submit new ideas or vote for other ideas via Microsoft Feedback.