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Microsoft (MSFT) net income by quarter

Microsoft's net income was $36.6B in Q1 FY27 (first quarter fiscal 2027), +2% from Q4 FY26. Over the last 7 quarters it ranged from $25.8B (Q3 FY25) to $38.5B (Q2 FY26).

Microsoft net income by quarterMicrosoft net income by quarter$25.8BQ3 FY25$27.2BQ4 FY25$27.7BQ1 FY26$38.5BQ2 FY26$31.8BQ3 FY26$35.8BQ4 FY26$36.6BQ1 FY27
QuarterNet incomeQ/QY/Y
Q1 FY27$36.6B+2%+32%
Q4 FY26$35.8B+13%+31%
Q3 FY26$31.8B-17%+23%
Q2 FY26$38.5B+39%—
Q1 FY26$27.7B+2%—
Q4 FY25$27.2B+5%—
Q3 FY25$25.8B——

Q1 FY27 at a glance

Microsoft, Q1 FY27: revenue $92.3B (+19% year over year), operating margin 49.8%, net earnings $36.6B, operating cash flow $58.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Microsoft's net income?

Microsoft's net income was $36.6B in Q1 FY27 (first quarter fiscal 2027), +2% from Q4 FY26.

How has Microsoft's net income changed?

Over the last 7 quarters it ranged from $25.8B (Q3 FY25) to $38.5B (Q2 FY26).

Q1 FY27 results → · How Microsoft makes money →