Microsoft Reports 19% Revenue Growth as Profit Rises 32%

What changed

Microsoft reported fiscal first-quarter 2027 revenue of $92.3 billion and net income of $33.6 billion on October 28. Revenue rose 19 percent year over year, while net income climbed 32 percent, as the company overhauls its financial reporting.

Why it matters

Microsoft is growing its profits faster than its revenue in this quarter. That gives the company more financial room, but the headline numbers alone do not show what drove the performance or how much came from cloud operations.

The reporting overhaul also matters because it may change how Microsoft presents its business. Until more detail is available, the clearest signal is simple: the company remains highly profitable, and its bottom line is expanding faster than its sales.