๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: $4.89 (Est. $4.72) โ , +18% YoY.
โข Revenue: $92.28B (Est. $90.74B) โ , +19% YoY.
โข GAAP EPS: $4.92, +32% YoY.
โข Operating Income: $45.92B, +21% YoY.
โข Adj. Net Income: $36.42B, +18% YoY.
โข Operating Cash Flow: $58.0B, +29% YoY.
โข Capital Expenditures: $39.37B, +103% YoY.
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๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Q1 Adj. EPS beat consensus by ~3.6%, while revenue exceeded estimates by ~1.7%.
โข Azure revenue surged 48% YoY to $33.17B.
โข Microsoft Cloud revenue increased 30% to $63.9B.
โข Commercial remaining performance obligations surged 73% to $677B.
โข Agents and Infra revenue grew 25% to $76.8B, with operating income reaching $40.6B.
โข Microsoft 365 Commercial Cloud revenue increased 17%, or 18% on an adjusted basis.
โข Devices and Consumer revenue declined 3% to $15.5B, with Windows OEM and Devices down 22%.
โข Capital expenditures more than doubled to $39.4B, reflecting substantial infrastructure investment.
โข Microsoft returned $10.2B to shareholders through dividends and buybacks.
โข OpenAI investments contributed $0.03 to GAAP EPS, compared with a $0.41 negative impact a year earlier.
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๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โWe delivered a strong start to the fiscal year with Microsoft Cloud revenue of $63.9 billion, with growth accelerating to 30% (up 31% in constant currency) year-over-year.โ