Azure Revenue Rises 48% to $33.17 Billion in Microsoft's Fiscal Q1 2027

Microsoft reported Azure revenue of $33.17 billion for its fiscal first quarter of 2027, up 48 percent year over year, in results released October 28, 2026. Azure, the company's cloud platform, now sits within the Agents and Infra segment, the first reported under its restructured two-segment reporting structure. Microsoft said it will disclose Azure revenue quarterly going forward.