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Microsoft reveals strong cloud growth amid financial reporting overhaul

The Verge • 2026-10-28T16:33

Microsoft reveals strong cloud growth amid financial reporting overhaul

Microsoft just posted the first quarter of its 2027 fiscal financial results. The software maker made $92.3 billion in revenue and a net income of $33.6 billion during Q1. Revenue is up 19 percent, and net income has increased by 32 percent. It's a new financial year for Microsoft, so the company is changing up […]

What happened?

Microsoft just posted the first quarter of its 2027 fiscal financial results. The software maker made $92.3 billion in revenue and a net income of $33.6 billion during Q1. Revenue is up 19 percent, and net income has increased by 32 percent. It's a new financial year for Microsoft, so the company is changing up […]

Story details

Microsoft just posted the first quarter of its 2027 fiscal financial results.

The software maker made $92.3 billion in revenue and a net income of $33.6 billion during Q1.

Revenue is up 19 percent, and net income has increased by 32 percent.

Why it matters

This story helps build a stronger internal English tech archive around Technology, giving search visitors more reasons to keep browsing the site instead of bouncing after a single headline.

Original source

https://www.theverge.com/tech/1020785/microsoft-earnings-revenue-q1-2027