# Microsoft reveals strong cloud growth amid financial reporting overhaul

- URL: https://talkfuse.com/story/microsoft-reveals-strong-cloud-growth-amid-financial-reporting-overhaul/
- Published: 2026-10-28T20:20:00+00:00
- Updated: 2026-10-28T21:49:45+00:00
- Original publisher: The Verge
- Original article: https://www.theverge.com/tech/1020785/microsoft-earnings-revenue-q1-2027
- Topics: Art, Business, Companies, Culture, Software, Technology

## Key points

- Microsoft revenue rose 19% to $92.3 billion.
- Azure revenue grew 48% to $33.17 billion.
- Devices and Consumer revenue fell 3%.

## Summary

Microsoft reported $92.3 billion in revenue and $33.6 billion in net income for the first quarter of its 2027 financial year, up 19% and 32% respectively. The results highlight strong growth in its cloud businesses, while its new reporting structure gives investors a clearer quarterly view of Azure.

Microsoft has replaced its three previous business segments with Agents and Infra, and Devices and Consumer. Agents and Infra generated $76.8 billion, up 25%, including Azure revenue of $33.17 billion, up 48%; Microsoft Cloud revenue rose 30% to $63.9 billion. Devices and Consumer revenue fell 3% to $15.5 billion, with Windows and device revenue down 22% and Xbox hardware down 14%.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.