EQUIPThe Verge · 57m ago
Microsoft reveals strong cloud growth amid financial reporting overhaul
Executive Brief
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Microsoft reported Q1 2027 revenue of $92.3 billion and net income of $33.6 billion, reflecting significant year-over-year growth. Executives should monitor these results as the company implements a new financial reporting structure for the fiscal year.
- 01Total revenue increased by 19 percent year-over-year to reach 92.3 billion dollars
- 02Net income rose 32 percent to 33.6 billion dollars during the first fiscal quarter
- 03The company is debuting a revised financial reporting overhaul for the 2027 fiscal year
- 04Strong performance in cloud services continues to drive overall corporate growth and profitability
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Business Travel Software: The 2026 Buyer's Guide →AI-generated summary · Verify at source
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 […]