Microsoft: Azure grows 48%, revenue reaches $92.3 billion
Microsoft reported revenue of $92.3 billion on 28 October 2026 for the quarter ended 30 September, up 19% year on year. Azure, its cloud platform that hosts AI services among other offerings, grew 48%.
Net income reached $36.6 billion. Microsoft Cloud overall generated $63.9 billion in revenue, up 30% year on year. Those businesses include services beyond AI, so their revenue is not a standalone measure of artificial-intelligence sales.
Management expects Azure growth of at least 49% in the following quarter, AFP reports. That remains a forecast. The release covers Microsoft's fiscal 2027 first quarter, rather than activity taking place in calendar 2027.