Revenue $92.28B, up 18.8% on a year earlier. Microsoft Cloud revenue $63.90B, up 30.1%. Commercial Remaining Performance Obligation $677.00B, up 72.7%. Diluted EPS $4.92 against $3.72.
| Q1 FY27 | Q4 FY26 | Q1 FY26 | Year over year | |
|---|---|---|---|---|
| Revenue | $92.28B | $90.01B | $77.67B | +18.8% |
| Operating income | $45.91B | $40.60B | $37.96B | +21.0% |
| Net income | $36.63B | $35.77B | $27.75B | +32.0% |
| Diluted EPS | $4.92 | $4.81 | $3.72 | |
| Operating cash flow | $58.00B | $55.44B | $45.06B | +28.7% |
| Capital expenditures | -$39.37B | -$35.80B | -$19.39B | |
| Free cash flow | $18.63B | $19.64B | $25.66B | -27.4% |
| Dividend per share | $0.98 | $0.91 | $0.91 |
| Q1 FY27 | Q1 FY26 | Year over year | |
|---|---|---|---|
| Microsoft Cloud revenue | $63.90B | $49.10B | +30.1% |
| Commercial Remaining Performance Obligation | $677.00B | $392.00B | +72.7% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Microsoft (MSFT) Q1 FY27 earnings: results and KPIs”, stockatlas.com/companies/MSFT/earnings/2027-q1/, data as of 3 November 2026. Links to this page are welcome.
