Microsoft posts $92.3bn in quarterly revenue, profit tops $36.6bn as Azure grows 48%

Microsoft recorded $92.3bn in total revenue and more than $36.6bn in profit in its quarterly results, the company said in a securities filing on Wednesday. The software giant gained billions of dollars in stock market value on Wednesday afternoon after it reported revenue and profit that were better than expected.

Analysts had expected around $90.6bn in revenue and $35.1bn in profit, according to FactSet. Microsoft's actual revenue and profit both came in above those expectations.

The company's growth was fuelled by its Azure cloud computing division, which grew by 48% in the September quarter.

Microsoft chief executive Satya Nadella said in a statement: "We are delivering greater capability, choice, control, and cost-efficiency for customers across our entire stack."

The quarterly earnings report comes two days after Microsoft offered voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce, as the tech giant spends heavily on artificial intelligence investments.

It is the second voluntary buyout offer Microsoft has made this year, after giving seven percent of its US workforce the option to retire early in April.

Microsoft had 223,000 employees globally at the end of June, down from 228,000 at the end of 2025, according to regulatory filings.

Earlier this month, Microsoft also announced a new Surface Ultra laptop that runs on Nvidia's artificial intelligence chips and will cost more than $2,500. Apple announced a similar touchscreen MacBook this week.

The launch is part of a broader push by tech companies to release hardware that can handle more AI computing on-device and offline, so users do not have to rely solely on remote cloud datacenters, where running AI is slower and more expensive.