Microsoft Q1 Revenue Hits $92.3 Billion

Microsoft announced first quarter results on October 28, 2026, reporting total revenue of $92.3 billion, a 19% increase. Azure revenue grew 48% to $33.2 billion, while operating income rose 21% to $45.9 billion. Net income reached $36.6 billion, up 32% on a GAAP basis, driven by a $207 million gain from OpenAI investments.