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Microsoft jumps 32% in profit on the strength of its AI business

TechnologyInternationalEL PAÍS30 s readAI summary
Image: EL PAÍS

Microsoft reported a profit of $36.629 billion in its first fiscal quarter of 2027, up 32% year on year, on revenue of $92.279 billion, up 19%. Microsoft Cloud revenue grew 30% to $63.9 billion and Azure contributed $33.165 billion, up 48%. The company plans to invest $175 billion in AI during fiscal 2027. Its futures rose 3% in off-market trading. The company is preparing a voluntary exit plan for 60,000 workers.

In 30 seconds

  • Profit of $36.629 billion, up 32%, and revenue of $92.279 billion, up 19%
  • Microsoft Cloud revenue reached $63.9 billion (+30%) and Azure $33.165 billion (+48%)
  • It plans $175 billion in AI investment in fiscal 2027, up 50%
Read the full story at EL PAÍS

IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.

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