Microsoft reported Q1 FY2027 revenue of $92.3 billion and net income of $33.6 billion, with revenue growing 19% year-over-year and net income rising 32%. The company also announced a major financial reporting overhaul, consolidating its previous three business segments into two: Agents and Infra, and Devices and Consumer.
Background
Microsoft is undergoing a significant restructuring of its financial reporting to better reflect its focus on AI agents and cloud infrastructure. The company has been heavily investing in Azure and AI capabilities amid intensifying competition with Amazon AWS and Google Cloud.
- Source
- The Verge
- Published
- Oct 29, 2026 at 04:20 AM
- Score
- 7.0 / 10