Microsoft Corp. announced on October 28, 2026 its financial results for the quarter ended September 30, 2026. Total revenue reached $92.3 billion, a 19 % increase over the comparable period last year. Operating income was $45.9 billion, up 21 % on a GAAP basis and 22 % in constant currency. GAAP net income amounted to $36.6 billion, a 32 % rise, while non‑GAAP net income was $36.4 billion, up 18 %. Diluted earnings per share were $4.92 GAAP and $4.89 non‑GAAP, reflecting gains of 32 % and 18 % respectively.
Cloud revenue totaled $63.9 billion, growing 30 % (31 % in constant currency). Azure revenue surged 48 %, and Microsoft 365 commercial cloud grew 18 % on an adjusted basis and 17 % on a reported basis. Devices and Consumer revenue was $15.5 billion, down 3 %. Other highlights included a 12 % rise in advertising revenue excluding traffic acquisition costs, a 2 % decline in Xbox content and services, and a 22 % drop in Windows OEM and Devices revenue. The company returned $10.2 billion to shareholders through dividends and share repurchases during the quarter.