Key facts
- Results: Revenue for the quarter to 30 September 2026 was US$92.3bn, up 19%, with Microsoft Cloud revenue of US$63.9bn and Azure revenue up 48%.
- Chips: Microsoft's Azure Maia 200 accelerator now serves Microsoft Copilot workloads, and Maia 300 multi-gigawatt deployments start in 2027.
Focus areas
About
Microsoft is listed on Nasdaq under MSFT and reports from Redmond, Washington. Satya Nadella is Chairman and Chief Executive Officer and Amy Hood is Chief Financial Officer. In the first quarter of fiscal 2027, to 30 September 2026, revenue was US$92.3bn, up 19%; Microsoft Cloud revenue was US$63.9bn, up 30%; and commercial remaining performance obligation reached US$677bn, up 73%. The company now reports a segment called Agents and Infra, which brought in US$76.8bn in the quarter, up 25%. Its non-GAAP results exclude the impact of its investment in OpenAI.
How they use AI
Azure supplies the cloud and AI infrastructure, and Azure revenue grew 48% in the quarter to 30 September 2026. Maia 200, Microsoft's own AI accelerator, now serves production workloads including Microsoft Copilot and supports the MAI team's model development, with GitHub Copilot and Microsoft Foundry to follow by the end of 2026; it runs OpenAI models, Microsoft's MAI models and open-source models. Maia 300, due in 2027, targets long-context reasoning and multi-step agentic tasks, and Microsoft expects it to deliver 40% more tokens per megawatt than leading GPU-based systems. Satya Nadella framed the quarter around customers building and owning their own intelligence, with agent safety and security built in.
Products and services
- Azure — Cloud and AI infrastructure
- Microsoft Copilot — AI assistant for work and consumers
- GitHub Copilot — AI coding assistant
- Microsoft Foundry — Platform for building AI apps and agents
- Azure Maia — In-house AI accelerator family
- Microsoft Purview — Data security, governance and compliance, including DLP for Copilot interactions and data security posture management for AI
Key people
- Satya Nadella — Chairman and Chief Executive Officer
- Amy Hood — Executive Vice President and Chief Financial Officer
- Scott Guthrie — Executive Vice President, Cloud + AI
