Microsoft Breaks Records with $92.3 Billion in Revenue

Microsoft reported a record quarterly revenue of $92.3 billion in its first-quarter earnings report, representing a 19 percent increase compared to the previous year. The company announced that it has changed its financial metric reporting segments for the new fiscal year to Agents and Infra, focusing on artificial intelligence, and Devices and Consumer.

Microsoft announced a record quarterly revenue of $92.3 billion in its first-quarter earnings report, marking this result as its tenth consecutive record quarter. Changing its financial reporting metrics with the new fiscal year, the company divided its results into two segments: Agents and Infra, which includes Azure, and Devices and Consumer, which includes Xbox. During Wednesday's earnings call, Chief Financial Officer Amy Hood stated that the Agents and Infra segment generated $76.8 billion in revenue and that this increase stemmed from strong demand for Microsoft Cloud.