Microsoft Corp. announced results for the quarter ended September 30, 2026, reporting record revenue of $92.3 billion, up 19% from the same period last fiscal year. Operating income reached $45.9 billion, rising 21% (22% in constant currency). Net income was $36.6 billion on a GAAP basis, up 32%, and $36.4 billion on a non-GAAP basis, up 18%. Non-GAAP results exclude the impact of investments in OpenAI. Diluted earnings per share were $4.92 on a GAAP basis, up 32%, and $4.89 on a non-GAAP basis, up 18%.
Satya Nadella, chairman and chief executive officer, said the company is delivering greater capability, choice, control, and cost efficiency for customers across its entire stack. He said Microsoft is translating its innovation into growing adoption and real-world impact across every industry.
Amy Hood, executive vice president and chief financial officer, said Microsoft Cloud revenue reached $63.9 billion, with growth accelerating to 30% (31% in constant currency) year over year. She said results exceeded expectations across revenue, operating income, and earnings per share.
Revenue in the Agents and Infra segment was $76.8 billion, up 25%. Commercial remaining performance obligation rose 73% to $677 billion, and Azure revenue increased 48%. Devices and Consumer revenue was $15.5 billion, down 3%, while search and advertising revenue excluding traffic acquisition costs grew 12%. Microsoft returned $10.2 billion to shareholders through dividends and share repurchases in the first quarter of fiscal year 2027.
Source: TechPowerUp News · Summarized by HeadlinesBriefing