Microsoft reported first-quarter revenue of $92.28 billion
Microsoft reported fiscal first-quarter revenue of $92.28 billion, up 19%, as Azure revenue grew 48% to $33.17 billion, topping Visible Alpha’s estimate of $32.84 billion. Adjusted earnings were $4.89 per share, above forecasts. The company forecast second-quarter Azure growth of 49% to 50%, and shares rose more than 5% in after-hours trading, Reuters reported.
More context
Microsoft reported first-quarter fiscal 2027 revenue of $92.28 billion, up 19% from a year earlier, as Azure cloud revenue climbed 48% to $33.17 billion. Azure’s result topped Visible Alpha’s $32.84 billion estimate. It was the first time Microsoft disclosed Azure’s quarterly revenue in dollars, TechCrunch reported. Overall revenue exceeded the $90.62 billion expected by analysts polled by FactSet, The Wall Street Journal reported. Microsoft’s adjusted profit of $4.89 per share also beat the $4.73 average estimate, Reuters reported.
For its fiscal second quarter, Microsoft forecast Azure growth of 49% to 50%, above the 47.6% analyst estimate, and sales of $96 billion to $97.1 billion, above the $95.6 billion estimate. Shares rose more than 5% in after-hours trading. Reuters said the results offered evidence that the company’s heavy AI investments were paying off amid investor concerns about Big Tech spending.
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Reporting
- The Wall Street Journal — Microsoft Quarterly Profit Soars as Cloud Growth Accelerates - WSJ
- The Verge — Microsoft reveals strong cloud growth amid financial reporting overhaul | The Verge
- Reuters — Microsoft's cloud growth, cash flow offer respite from AI spending fears | Reuters
- TechCrunch — Microsoft just shared Azure's actual revenue in dollars: $33.2 billion | TechCrunch
- Bloomberg — Microsoft (MSFT) Cloud Sales Top Estimates With 48% Azure Growth
- unite.ai — Microsoft Posts 19% Revenue Growth as Azure Revenue Jumps 48% – Unite.AI
Verifier’s note
The Wall Street Journal, The Verge, Unite.AI, Reuters, TechCrunch, and Bloomberg report Microsoft’s quarterly results and strong cloud growth, including Azure growth of about 48%. These reports are published on October 28, 2026, consistent with the proposed event’s timing.