Microsoft Corporation: EPS $4.89 vs $4.72 expected; revenue $92.3B vs $90.6B
Key Facts
Q1 FY2027 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 4.89 | 4.72 | +3.6% | 4.13 |
| Revenue (USD bn) | 92.28 | 90.62 | +1.8% | 77.67 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 28, 2026 | Q1 FY2027 | 4.89 | 4.72 | +3.6% | 92.28 | 90.62 | +1.8% |
| Jul 29, 2026 | Q4 FY2026 | 4.74 | 4.24 | +11.8% | 90.01 | 87.62 | +2.7% |
| Apr 29, 2026 | Q3 FY2026 | 4.27 | 4.06 | +5.2% | 82.89 | 81.44 | +1.8% |
| Jan 28, 2026 | Q2 FY2026 | 4.14 | 3.90 | +6.2% | 81.27 | 80.31 | +1.2% |
| Oct 29, 2025 | Q1 FY2026 | 4.13 | 3.67 | +12.5% | 77.67 | 75.49 | +2.9% |
| Jul 30, 2025 | Q4 FY2025 | 3.65 | 3.37 | +8.3% | 76.44 | 73.93 | +3.4% |
| Apr 30, 2025 | Q3 FY2025 | 3.46 | 3.22 | +7.5% | 70.07 | 68.44 | +2.4% |
| Jan 29, 2025 | Q2 FY2025 | 3.23 | 3.15 | +2.5% | 69.63 | 68.87 | +1.1% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Microsoft Corporation results: EPS $4.89 vs $4.72 expected; revenue $92.3B vs $90.6B. The results cover the company's Q1 FY2027. EPS came in above analysts' estimate by 3.6%; revenue above the estimate by 1.8%.
Revenue was up 18.8% from $77.7 billion a year earlier (Q1 FY2026). EPS was up 18.4% from $4.13 a year earlier. On its record, EPS topped analysts' estimates in 7 of 7 earlier comparable reports.
What the results mean
Revenue growth indicates an expansion in Microsoft's business, but the available information does not identify each activity's contribution. The company combines productivity software, business applications and cloud infrastructure, making the revenue mix important to interpreting the results.
Microsoft's business rests on tools embedded in everyday enterprise work, from collaboration and business management to software development and deployment. Cloud services and support connect these tools to customers' operational needs, making service usage and continued customer reliance central business drivers.
What to watch on the earnings call: Listen for management's discussion of demand for cloud services, productivity software and business applications, and how customers are expanding their usage. Commentary on the revenue mix, service delivery costs and infrastructure spending would also help explain how business growth translates into margins.
For the full analysis of Microsoft Corporation stock — valuation, scores and financial statements — see the stock page linked with this story.