Microsoft posts $36 billion net income amid 30% cloud revenue jump
Microsoft reported $36.6 billion in net income for its fiscal first quarter on Wednesday, revealing a surge in Microsoft Cloud and Azure platform revenue as its stock jumped on a positive earnings report.
Key Facts
Microsoft posted revenue of $92.3 billion billion in the first quarter, 19% more than the $77.6 billion reported in the same period last year.
Net income jumped to $36.6 billion, or $4.92 per share, compared to $27.7 billion one year ago.
Microsoft’s stock briefly soared nearly 5% to around $556 per share after earnings were reported; shares have risen 9% since the start of the year.
We estimate Microsoft chief Satya Nadella’s net worth at $1.4 billion. Nadella owned 900,572 shares of Microsoft as of 2025, a 0.01% stake worth roughly $480 million as of Wednesday.
Microsoft is undergoing a massive workforce restructuring and offered buyout packages to roughly 60,000 employees this week, which makes up about 27% of its workforce. The restructure comes as the company has sunk nearly $200 billion into its artificial intelligence capacity. Microsoft has benefited from high demand for its Azure cloud-computing infrastructure as clients look to scale their own artificial intelligence applications. Azure revenue grew 43% year-over-year in Microsoft’s fourth quarter, topping $100 billion in annual revenue.
Microsoft Offers Buyouts To 25% Of Company (Forbes)