Microsoft Reports First Quarter Fiscal Year 2027 Results With $92.3 Billion in Revenue

Microsoft Corp. announced its financial results for the first quarter ended September 30, 2026, reporting a 19% increase in total revenue year-over-year. The company hosted an earnings conference call and webcast to discuss the details of the performance alongside forward-looking information.

Financial Highlights

According to the company's published announcement, key financial metrics for the quarter include:

• Total Revenue: $92.3 billion, marking a 19% increase compared to the same period in the previous fiscal year.
• Operating Income: $45.9 billion, representing a 21% increase (22% in constant currency).
• Net Income (GAAP): $36.6 billion, up 32%.
• Diluted Earnings Per Share (GAAP): $4.92, increasing by 32%.
• Microsoft Cloud Revenue: $63.9 billion, reflecting accelerated growth of 30% year-over-year.

Non-GAAP figures exclude the impact of investments in OpenAI, which contributed net gains of $207 million to net income and $0.03 to diluted earnings per share for the quarter.

Segment Performance

Microsoft reported varied results across its primary business segments:

• Agents and Infra: Generated $76.8 billion in revenue, a 25% increase. Commercial remaining performance obligations rose 73% to $677 billion.
• Devices and Consumer: Generated $15.5 billion in revenue, down 3% year-over-year, impacted by declines in Windows OEM and Devices as well as Xbox content and services.

During the quarter, Microsoft returned $10.2 billion to shareholders via dividends and share repurchases.

How to Verify the Announcement

Readers and investors can review the primary source materials and verify financial disclosures directly through official channels:

• Access the original earnings press release and webcast details via the [Microsoft Investor Relations Website](http://www.microsoft.com/en-us/investor).
• Review official SEC filings, including Forms 10-K and 10-Q, for detailed discussions of business risks and operational conditions.
• Consult product updates and customer success stories on the Official Microsoft Blog.