EconomyMicrosoft reports strong cloud growth amid financial reporting overhaul

Microsoft reported $92.3 billion in revenue and $33.6 billion in net income for fiscal Q1 2027, up 19 percent and 32 percent year over year. It reorganized reporting into Agents and Infra and Devices and Consumer, and began disclosing Azure revenue quarterly. Azure brought in $33.17 billion, up 48 percent; the Devices and Consumer segment fell 3 percent, with Windows and Xbox revenues down.

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TThe Verge★★★☆☆2026-10-28 20:20Original