Microsoft Reports $92.3 B Revenue in Q1 2027, Shifts to Two‑Segment Financial Reporting

Microsoft released its first quarter of the 2027 fiscal year, reporting $92.3 billion in revenue and $33.6 billion in net income. Revenue rose 19 percent and net income climbed 32 percent from the same period a year earlier. The company also announced a new financial reporting structure, moving from three segments—Productivity and Business Processes, Intelligent Cloud, and More Personal Computing—to just two: Agents and Infra, and Devices and Consumer. The Agents and Infra segment now groups key cloud businesses such as Azure and other enterprise services. The Devices and Consumer segment covers hardware and consumer‑facing products. This reorganization reflects Microsoft’s focus on its cloud and device ecosystems and provides a clearer view of its core revenue streams.