Microsoft Beats as Azure Hits $33B, Up 48%
Microsoft’s fiscal first-quarter revenue rose 19% to $92.3 billion, and adjusted earnings of $4.89 a share topped the $4.73 analysts expected, CNBC reports. For the first time it disclosed Azure revenue in dollars: $33.17 billion, up 48%. Finance chief Amy Hood forecast 49% to 50% Azure growth next quarter, saying demand still exceeds supply. Free cash flow fell 27%. Shares rose about 4% after hours.

What’s confirmed
- Microsoft’s fiscal first-quarter revenue rose 19% to $92.3 billion, and adjusted earnings of $4.89 a share topped the $4.73 analysts expected, CNBC reports.
- For the first time it disclosed Azure revenue in dollars: $33.17 billion, up 48%.
- Finance chief Amy Hood forecast 49% to 50% Azure growth next quarter, saying demand still exceeds supply.
- Free cash flow fell 27%.
- Shares rose about 4% after hours.
Confirmed by 4 independent outlets: CNBC, Reuters, GeekWire and TechCrunch.
What would move the score
- Now: 98% with 4 independent confirmations plus the primary source.
- Up: more independent outlets or primary records confirming the core claim.
- Down: a counted source correcting or walking back its report, or new evidence that weakens the claim.
Any change is logged below with the time and the old and new score. Corrections policy
Confirmation record
Plus the primary source: Microsoft Investor Relations’ FY27 Q1 release.| ✓ | CNBC Counted https://www.cnbc.com/2026/10/28/microsoft-msft-q1-earnings-report-2027.html |
| ✓ | Reuters Counted https://www.investing.com/news/stock-market-news/microsoft-beats-quarterly-cloud-revenue-estimates-4980616 |
| ✓ | GeekWire Counted https://www.geekwire.com/2026/microsoft-azure-revenue-surges-48-to-33-2b-beating-expectations-as-cloud-and-ai-demand-grows/ |
| ✓ | TechCrunch Counted https://techcrunch.com/2026/10/28/microsoft-just-shared-azures-actual-revenue-in-dollars-33-2-billion/ |
| · | Primary source Plus the primary source: Microsoft Investor Relations’ FY27 Q1 release. https://www.microsoft.com/en-us/investor/earnings/FY-2027-Q1/press-release-webcast |
Updated / Corrected log
- Published at 98% with 4 independent confirmations.
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