Microsoft said revenue for the quarter ended September 30, 2025 was $77.7 billion, up 18%, and operating income was $38.0 billion, up 24%. The company reported that net income on a GAAP basis was $27.7 billion, up 12%.

1. 01

   Microsoft said revenue for the quarter ended September 30, 2025 was $77.7 billion, up 18%, and operating income was $38.0 billion, up 24%. The company reported that net income on a GAAP basis was $27.7 billion, up 12%.

2. 02

   Microsoft said losses from investments in OpenAI decreased net income by $3.1 billion and diluted earnings per share by $0.41 in the Q1 of fiscal 2026. Excluding this impact, non-GAAP net income was $30.8 billion, up 22%.

3. 03

   The company said Intelligent Cloud revenue was $30.9 billion, up 28%, with Azure and other cloud services revenue up 40%. Microsoft Cloud revenue was $49.1 billion, up 26%.

4. 04

   Microsoft reported that net cash from operations for the quarter was $45,057 million and that it spent $19,394 million on additions to property and equipment. The company said it returned $10.7 billion to shareholders through dividends and share repurchases.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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