Microsoft Revenue Rises 19% as Azure Grows 48%

Microsoft reported $92.3 billion in revenue for the quarter ended September 30, with Microsoft Cloud revenue up 30%.

Microsoft corporate sign
Photo: Wikimedia Commons (Public domain)

Facts

  • Microsoft earnings for its fiscal first quarter of 2027, which ended September 30, 2026, were released Wednesday, October 28.
  • Revenue was $92.3 billion, up 19% from a year earlier.
  • Operating income was $45.9 billion, up 21%.
  • Net income was $36.6 billion under standard accounting (GAAP), up 32%. Excluding the impact of its investments in OpenAI, net income was $36.4 billion, up 18%.
  • Diluted earnings per share were $4.92 under GAAP and $4.89 excluding the OpenAI impact.
  • Microsoft Cloud revenue was $63.9 billion, up 30%.
  • Revenue from Azure and other cloud services grew 48%.
  • Microsoft now reports two business segments. Agents and Infra brought in $76.8 billion, up 25%, while Devices and Consumer brought in $15.5 billion, down 3%.

Quotes

Satya Nadella, Microsoft’s chairman and CEO, said in the earnings release that the company is “translating our innovation into growing adoption and real-world impact.”

Source Read Microsoft’s full earnings release here.

Image Microsoft sign closeup, public domain.