Microsoft reports fiscal Q1 revenue of $92.3 billion

Microsoft said on Oct. 28, 2026 that fiscal first-quarter revenue was $92.279 billion, up 19%, Microsoft Cloud revenue was $63.9 billion, up 30%, and Azure revenue was $33.165 billion, up 48%. GAAP net income was $36.629 billion, or $4.92 diluted, including a $207 million net gain from OpenAI investments, and additions to property and equipment were $39.367 billion. The CFO guided the next quarter to revenue of $96 billion to $97.1 billion and Azure growth of 49% to 50% in constant currency.

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