Form 10-Q · Quarterly report
Microsoft 10-Q, filed Oct 28, 2026
- Filed
- CIK
- 0000789019
- Accession no.
- 0001193125-26-436133
Summary
Microsoft reported first-quarter fiscal 2027 revenue of $92.3 billion, up 19% from a year earlier, with net income up 32% to $36.6 billion, Microsoft Cloud revenue up 30% to $63.9 billion, and Azure revenue up 48%. Microsoft also announced a new segment reporting structure creating the Agents and Infra and Devices and Consumer segments, and said it remains a major OpenAI investor with rights to OpenAI intellectual property for integration into its products.
Key points
- Commercial remaining performance obligation increased 73% to $677 billion.
- Diluted earnings per share rose 32% to $4.92, and adjusted diluted earnings per share rose 18% to $4.89.
- Windows OEM and devices revenue decreased 22%, while Xbox content and services revenue decreased 2%.
- Microsoft said cloud and datacenter infrastructure investments will increase operating costs and may decrease operating margins.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION OVERVIEW Microsoft is a technology company committed to making digital technology and artificial intelligence (“AI”) available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more. We create platforms and applications, powered by AI, that deliver innovative solutions that meet the evolving needs of our customers. We generate revenue by offering a wide range of cloud-based solutions, content, and other services to people and businesses; licensing and supporting an array of software products; delivering relevant online advertising to a global audience; and designing and selling devices. …
An excerpt of the text as filed with the SEC, cut for length.
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