Microsoft reported net income of $36.6bn for the quarter ending 30 September 2026 (Q1 FY27), up 32% year on year. Revenue reached $92.3bn, up 19%, and operating income rose 21% to $45.9bn; on a non-GAAP basis, which adjusts for investments in OpenAI, net income was $36.4bn, up 18%. Microsoft Cloud revenue climbed 30% to $63.9bn and Azure grew 48%, while Devices and Consumer revenue fell 3% to $15.5bn. The company returned $10.2bn to shareholders through dividends and share repurchases in the quarter. Microsoft recently introduced a voluntary buyout scheme for around 60,000 employees, over a quarter of its global staff, as it seeks to control costs and fund AI investment.
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Related tickers and likely impact
MSFT
▲ Likely positiveMicrosoft
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/28/2026 | 530.83 |
| Change that session | -0.09% |
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/28/2026 | 725.59 |
| Change that session | +0.60% |
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