Microsoft Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission, reporting first-quarter fiscal results including net income of $36,629 million and total revenue of $92,279 million.

Key Highlights

  • Total revenue: $92,279 million for the three months ended September 30, 2026, compared with $77,673 million for the same period in 2025, according to the filing.
  • Net income: $36,629 million for the quarter, up from $27,747 million in the prior-year quarter, as reported in the income statement.
  • Diluted earnings per share: $4.92 for the three months ended September 30, 2026, versus $3.72 for the same period in 2025.
  • Operating cash flow: $58,000 million for the quarter, compared with $45,057 million in the prior-year period, per the cash flow statement.
  • Capital expenditures: $39,367 million in additions to property and equipment during the quarter, more than double the $19,394 million in the prior-year period.
  • Cash dividends declared per share: $0.98, compared with $0.91 in the same quarter of 2025, per the stockholders' equity statement.
  • Shares outstanding: 7,426,194,552 shares of common stock as of October 22, 2026, as indicated on the filing's cover page.

Microsoft's September 2026 Quarter: Revenue, Earnings, and Capital Deployment

According to the filing, Microsoft reported total revenue of $92,279 million for the three months ended September 30, 2026, with service and other revenue accounting for $77,648 million of that total and product revenue contributing $14,631 million. Total cost of revenue was $29,720 million, resulting in a gross margin of $62,559 million. Operating income for the quarter was $45,915 million, compared with $37,961 million in the prior-year period.

The company reported other income (expense), net of $38 million for the quarter, a shift from the negative $3,660 million recorded in the same quarter of 2025. Income before income taxes reached $45,953 million, against a provision for income taxes of $9,324 million, yielding net income of $36,629 million. The filing states basic earnings per share of $4.93 and diluted earnings per share of $4.92, based on weighted average diluted shares outstanding of 7,446 million.

On the balance sheet as of September 30, 2026, the filing discloses total assets of $779,403 million, including property and equipment net of accumulated depreciation of $346,844 million and goodwill of $119,646 million. Total stockholders' equity stood at $470,509 million. The cash flow statement shows Microsoft repurchased $4,379 million of common stock and paid $6,757 million in common stock cash dividends during the quarter. Stock-based compensation expense was $3,134 million for the period.

What Was Disclosed

Microsoft filed its quarterly report covering the three months ended September 30, 2026, disclosing income statements, balance sheets, cash flow statements, and stockholders' equity statements on a consolidated, unaudited basis for the period, with comparative figures from the prior-year quarter and fiscal year-end.