29 Oct 2026

Microsoft $MSFT+4% on a strong Azure beat and CapEx coming in well below expectations.

- Azure Growth: +48% YoY vs. +44.7% est. - CapEx: $39.4B vs. $46.6B est. MICROSOFT $MSFT Q1โ€™27 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $92.3B (Est. $90.69B) ๐ŸŸข; +19% YoY ๐Ÿ”น Adj. EPS: $4.89 (Est. $4.73) ๐ŸŸข; +18% YoY ๐Ÿ”น Oper Income: $45.9B (Est. $44.06B) ๐ŸŸข; +21% YoY ๐Ÿ”น Adj. Net Income: $36.4B (Est. $35.13B) ๐ŸŸข ๐Ÿ”น Azure: $33.2B (Est. $32.32B) ๐ŸŸข; +48% YoY ๐Ÿ”น Azure Growth ex-FX: +48% (Est. +45.2%) ๐ŸŸข ๐Ÿ”น Azure Growth: +48% YoY (Est. +44.7%) ๐ŸŸข ๐Ÿ”น Microsoft Cloud: $63.9B; +30% YoY ๐Ÿ”น Commercial RPO: $677B (Est. $705.6B) ๐Ÿ”ด Financials: ๐Ÿ”น CapEx: $39.4B (Est. $46.59B) ๐ŸŸข ๐Ÿ”น CapEx to Revenue: ~42.7% Key Updates: ๐Ÿ”น OpenAI Impact: $207M net gain; $0.03 EPS impact Capital Return: ๐Ÿ”น Returned $10.2B to shareholders via dividends & share repurchases CEO Commentary โ€“ Satya Nadella: ๐Ÿ”ธ โ€œBy helping organizations build and own their own intelligence, and earning trust through agent safety and security, we are translating our innovation into growing adoption and real-world impact across every industry.โ€ CFO Commentary โ€“ Amy Hood: ๐Ÿ”ธ โ€œResults exceeded expectations across revenue, operating income, and earnings per share.โ€ Source. Wall St Engine

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