Microsoft Reports $92.3 Billion Quarter, Including $10 Billion From Openai
Cloud growth lifted Microsoft’s quarterly revenue to a record, while its OpenAI arrangements accounted for nearly 11% of the total, according to TechCrunch.
Microsoft reported $92.3 billion in revenue for the quarter ended September 30, 2026, up 19% from a year earlier. TechCrunch says it was the company’s tenth consecutive quarter of record revenue. A regulatory filing also disclosed $10 billion in revenue from commercial arrangements with OpenAI during the quarter, according to TechCrunch.
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Cloud drives the quarter
Microsoft Cloud generated $63.9 billion, up 30% year over year, according to TechCrunch and The Verge. The Verge says Azure contributed $33.17 billion, a 48% increase, while TechCrunch rounds Azure revenue to $33.2 billion. The Verge reports that Microsoft 365 commercial cloud revenue rose 18%, helped by higher revenue per user and sales of premium offerings including Copilot.
The outlets disagree on net income. TechCrunch reports $36.6 billion, up 32% on a GAAP basis; The Verge reports $33.6 billion and also describes a 32% increase. Both report the same $92.3 billion revenue figure.
What the OpenAI figure includes—and leaves unclear
TechCrunch says the $10 billion from OpenAI-related commercial arrangements includes revenue-sharing payments and amounts linked to Azure services. It represents nearly 11% of Microsoft’s total quarterly revenue, but TechCrunch says the filing does not make clear how much came from revenue sharing versus cloud computing. For Microsoft’s full 2026 fiscal year, revenue from OpenAI arrangements totaled $24.1 billion, the outlet reports.
Microsoft also listed $7.2 billion in receivables from OpenAI at the end of September, compared with $6 billion at the end of June, according to TechCrunch. Those receivables are amounts owed for earlier transactions, not additional revenue.
The companies remain financially connected even as OpenAI gains more freedom to use other cloud providers, TechCrunch reports. It says an October 2025 agreement included a commitment by OpenAI to buy an additional $250 billion in Azure services, while an April 2026 agreement continued revenue sharing through 2030, subject to a cap.
A new view of Microsoft’s businesses
Microsoft has replaced its previous reporting divisions with two segments. The Verge says Agents and Infra, which includes Azure and Microsoft 365, produced $76.8 billion—83% of total revenue—and grew 25% year over year. Devices and Consumer generated $15.5 billion, down 3%.
Within the smaller segment, Windows OEM and devices revenue fell 22%, according to both outlets. The Verge also reports declines of 14% in Xbox hardware revenue and 2% in Xbox content and services revenue. Against that mixed performance, TechCrunch says Microsoft’s quarterly capital expenditures exceeded $45.2 billion, a company record.
Sources
This story was compiled by AI from the reports below. Read the originals for the full details.