Microsoft (NASDAQ:MSFT) posts better-than-expected sales in Q3 CY2026

Technology giant Microsoft (NASDAQ:MSFT) reported calendar Q3 2026 (fiscal Q1 2027) results topping the market's revenue expectations , with revenue up 18.8% year on year to $92.28 billion. Its non-GAAP profit of $4.92 per share was 4.3% above analysts' consensus estimates. For more on Microsoft, read our full research report. Microsoft (MSFT) Q3 CY2026 highlights: Revenue $92.28 billion vs S&P analysts' consensus estimates of $90.64 billion (1.8% beat) Azure cloud revenue grew 48% year over year (beat) EPS (GAAP) $4.92 vs analysts' consensus estimates of $4.72 (4.3% beat) Gross margin 67.8%, down from 69% in the same quarter last year Operating margin 49.8%, in line with the same quarter last year Free cash flow margin 20.