Microsoft Reports Fiscal First-Quarter 2026 Financial Results

Microsoft reported fiscal first-quarter 2026 revenue of $92.28 billion, up 20% year over year. Azure grew 48%, exceeding analyst estimates, while adjusted earnings of $4.89 per share topped the $4.73 consensus estimate. Free cash flow was $18.6 billion, above expectations, and capital expenditure totaled $45.2 billion, below Microsoft’s $50 billion projection.