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# Microsoft grows fiscal Q1 revenue 19% to $92.3B as Azure rises 48%
- URL: https://www.enterprisey.com/microsoft-grows-fiscal-q1-revenue-19-to-92-3b-as-azure-rises-48/
- Published: 2026-10-29T02:14:05.000Z
- Updated: 2026-10-29T02:14:05.000Z
- Description: Microsoft's fiscal Q1 revenue rose 19% to $92.3B, with Microsoft Cloud at $63.9B and Azure up 48%.
- Author: Enterprisey Admin
- Tags: News, Earnings, Cloud infra

Microsoft reported $92.3B in revenue for its fiscal first quarter, ended Sept 30, up 19% from a year earlier. Microsoft Cloud revenue reached $63.9B, up 30%, and Azure revenue grew 48%. ([Microsoft](https://news.microsoft.com/source/2026/10/28/microsoft-announces-first-quarter-results-2/?ref=enterprisey.com))

Operating income rose 21% to $45.9B. GAAP net income was $36.6B, or $4.92 a diluted share; excluding the impact of its OpenAI investments, net income was $36.4B, or $4.89 a share. Microsoft 365 commercial cloud revenue grew 17%. ([Microsoft](https://news.microsoft.com/source/2026/10/28/microsoft-announces-first-quarter-results-2/?ref=enterprisey.com))

The company now reports two segments after recasting prior periods: Agents and Infra, which brought in $76.8B, up 25%, and Devices and Consumer, at $15.5B, down 3%. ([Microsoft](https://news.microsoft.com/source/2026/10/28/microsoft-announces-first-quarter-results-2/?ref=enterprisey.com))