Microsoft revenue hits $92.3 billion as Azure growth accelerates to 48%
The software giant beat expectations as AI-driven cloud demand fueled a massive quarter despite heavy infrastructure spending.
By Ryan Merket · Published
Primary source: Microsoft
Microsoft surpassed market expectations in the first quarter of fiscal 2027, posting revenue of $92.3 billion, a 19% increase year-over-year that outpaced the consensus estimate of approximately $90.7 billion. The company delivered a robust diluted earnings per share of $4.92, up 32% on a GAAP basis, comfortably clearing the Street's $4.71–$4.72 range.…
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