Microsoft posts $92.28B quarterly revenue as Azure grows 48%
Revenue beat the $90.62 billion FactSet consensus, and the company's newly formed Agent and Infrastructure division posted $76.8 billion.
Microsoft reported first-quarter revenue of $92.28 billion on October 28, up 19% from the same period a year earlier, according to results covered by the Wall Street Journal. The figure beat the analyst consensus of $90.62 billion compiled by FactSet.
Net income came in at $36.63 billion, or $4.92 per share, compared with $27.75 billion, or $3.72 per share, a year earlier. Adjusted earnings per share were $4.89, above the market expectation of $4.71.
Azure cloud revenue grew 48% in the quarter. The Microsoft Agent and Infrastructure division, launched in September, posted $76.8 billion in revenue and includes Azure cloud and Microsoft 365 revenue.
Microsoft shares rose 4% in after-hours trading to $552.33 following the results.
Background
In the previous quarter, Microsoft lowered its 2026 capital expenditure outlook from about $190 billion to about $175 billion, citing longer expected useful lives of data centers and office buildings, extended from 15 to 25 years.
Quick answers
How much revenue did Microsoft report for the first quarter?
Microsoft reported revenue of $92.28 billion, up 19% year over year and above the $90.62 billion FactSet consensus.
How fast did Azure grow?
Azure cloud revenue grew 48% in the quarter.
How did Microsoft shares react?
The stock rose 4% in after-hours trading to $552.33.