MSFT
Microsoft Corporation
Data as of (Q1 FY2027 report)
What changedMSFT Q1 FY2027: revenue up 18.8% year over year to $92.28 billion, net income up 32.0%.
Next earnings
Not yet announced
Latest reported quarter
Q1 FY2027 · reported Oct 28, 2026
Note: GAAP diluted EPS. Microsoft's non-GAAP diluted EPS, which excludes the impact of its OpenAI investments, was $4.89; not used here.
Note: Starting this quarter Microsoft reports two segments: Agents and Infra ($76.8 billion revenue) and Devices and Consumer ($15.5 billion), according to Microsoft.
Last 8 quarters
| Quarter | Revenue | Net income | EPS |
|---|---|---|---|
| Q1 FY2027 | $92.28BSEC EDGAR (opens in new tab) | $36.63BSEC EDGAR (opens in new tab) | $4.92SEC EDGAR (opens in new tab) |
| Q4 FY2026 | $90.01BSEC EDGAR (opens in new tab) | $35.77BSEC EDGAR (opens in new tab) | $4.81SEC EDGAR (opens in new tab) |
| Q3 FY2026 | $82.89BSEC EDGAR (opens in new tab) | $31.78BSEC EDGAR (opens in new tab) | $4.27SEC EDGAR (opens in new tab) |
| Q2 FY2026 | $81.27BSEC EDGAR (opens in new tab) | $38.46BSEC EDGAR (opens in new tab) | $5.16SEC EDGAR (opens in new tab) |
| Q1 FY2026 | $77.67BSEC EDGAR (opens in new tab) | $27.75BSEC EDGAR (opens in new tab) | $3.72SEC EDGAR (opens in new tab) |
| Q4 FY2025 | $76.44BSEC EDGAR (opens in new tab) | $27.23BSEC EDGAR (opens in new tab) | $3.65SEC EDGAR (opens in new tab) |
| Q3 FY2025 | $70.07BSEC EDGAR (opens in new tab) | $25.82BSEC EDGAR (opens in new tab) | $3.46SEC EDGAR (opens in new tab) |
| Q2 FY2025 | $69.63BSEC EDGAR (opens in new tab) | $24.11BSEC EDGAR (opens in new tab) | $3.23SEC EDGAR (opens in new tab) |
EPS basis (GAAP or adjusted) varies by source. Check the linked filing.
Recap
Updated Oct 28, 2026
MSFT Q1 FY2027: revenue up 18.8% year over year to $92.28 billion, net income up 32.0%.
MSFT reported Q1 FY2027 revenue of $92.28 billion, up 18.8% from Q1 FY2026 ($77.67 billion). Net income was $36.63 billion, up 32.0% from $27.75 billion. GAAP diluted EPS was $4.92 versus $3.72, up 32.3%. Microsoft's non-GAAP EPS, which excludes the impact of its OpenAI investments, was $4.89; the figures here are GAAP.
SourcesSEC EDGAR (opens in new tab)SEC EDGAR (opens in new tab)
Recent news
Short recaps with source links
Microsoft reports fiscal first-quarter results
Quarterly revenue came in at $92.3 billion, 19% higher than a year earlier, with GAAP net income of $36.6 billion and diluted EPS of $4.92. Microsoft said Azure grew 48%, Microsoft Cloud reached $63.9 billion, and commercial remaining performance obligation climbed 73% to $677 billion.
Microsoft recasts prior-year figures for its new two-segment structure
A separate filing restates results from the fiscal 2026 annual report under the Agents and Infra and Devices and Consumer segments that took effect this fiscal year.
Microsoft moves to two reportable segments starting fiscal 2027
Microsoft filed investor materials saying that from fiscal year 2027 it will report two segments, Agents and Infra and Devices and Consumer. The materials restate historical results on that basis.
Microsoft reports fiscal fourth-quarter and full-year results
Revenue for the quarter was $90.0 billion, up 18%, with GAAP net income of $35.8 billion and diluted EPS of $4.81. Microsoft said net income included a $3.2 billion gain on its Anthropic investment, that Azure revenue passed $100 billion for the fiscal year, and that commercial remaining performance obligation rose 84% to $678 billion.
Charts
Reported figures, last 8 quarters