Microsoft Q1 Revenue Climbs 19% to $92.3 Billion

Microsoft reported $92.3 billion in revenue for its fiscal first quarter, up 19% from a year earlier, as its cloud business accelerated. Azure revenue grew 48%, while the company’s Devices and Consumer segment declined. The quarter ended September 30, 2026. Microsoft also reported operating income of $45.9 billion, up 21%, and diluted earnings per share of $4.92 under GAAP accounting. Its adjusted diluted earnings per share was $4.89, excluding the impact of OpenAI investments; that measure rose 18% year over year. Microsoft’s quarterly release