# Microsoft Posts 19% Revenue Growth as Azure Revenue Rises 48% By John Kim Canonical URL: https://www.tokenpost.com/news/business/43016 Published: 2026-10-28T22:24:53.000Z Updated: 2026-10-28T22:24:53.000Z Section: Business > Fiscal first-quarter operating income climbed 21% to $45.915 billion, while Microsoft Cloud revenue rose 30% to $63.9 billion. Microsoft posted 19% revenue growth for its fiscal first quarter and 48% Azure growth, giving investors a fresh measure of demand for its cloud business. Revenue for the quarter ended Sept. 30 reached $92.279 billion. Operating income increased 21% to $45.915 billion, and diluted earnings per share under generally accepted accounting principles (GAAP) rose 32% to $4.92. Azure revenue grew 48%, while Microsoft Cloud revenue increased 30% to $63.9 billion. Azure’s growth rate exceeded the increases in Microsoft Cloud revenue and companywide revenue. Microsoft’s contracted commercial revenue backlog reached $677 billion, a 73% increase. Microsoft recorded GAAP net income of $36.629 billion and non-GAAP net income of $36.422 billion. GAAP diluted earnings per share was $4.92, compared with $4.89 on a non-GAAP basis. A $207 million net gain from OpenAI investments increased GAAP net income by the same amount and added 3 cents to diluted earnings per share; the non-GAAP figure excludes that per-share impact. In the preceding reported quarter, ended June 30, Microsoft Cloud revenue was $59.3 billion, up 27% year over year, while Azure and other cloud services revenue increased 43%. “Results exceeded expectations across revenue, operating income, and earnings per share,” Amy Hood, Microsoft’s executive vice president and chief financial officer, said. The results followed an [earlier preview of Microsoft’s Oct. 28 earnings date](). ## Links in this article - [earlier preview of Microsoft’s Oct. 28 earnings date](https://www.tokenpost.com/news/investing/34892)