Microsoft reports $92.3 billion quarterly revenue as cloud division grows 48%

Microsoft reported total revenue of $92.3 billion for the September quarter, surpassing analyst estimates of $90.6 billion. The company also posted a profit of more than $36.6 billion, exceeding the projected $35.1 billion. This financial performance caused the company’s stock market value to rise on Wednesday afternoon.

The earnings results arrived just 48 hours after Microsoft extended voluntary buyout offers to approximately 60,000 workers. This group represents roughly one quarter of the company’s total staff. The buyouts coincide with heavy spending on artificial intelligence infrastructure.

Growth in the Azure cloud computing division drove the top-line increase, expanding by 48% during the period. Satya Nadella, the company’s chief executive, stated that Microsoft is providing greater capability, choice, control, and cost-efficiency for customers across its technology stack.

This is the second time this year Microsoft has offered voluntary separation packages. In April, the company allowed 7% of its United States workforce to retire early. Regulatory filings show global headcount fell to 223,000 employees at the end of June, down from 228,000 at the end of 2025.

Hardware releases also reflect the company’s focus on on-device processing. Microsoft announced a Surface Ultra laptop earlier this month that uses Nvidia artificial intelligence chips. The device carries a price tag of over $2,500. Apple introduced a similar touchscreen MacBook this week.

These hardware launches aim to reduce dependence on remote cloud datacenters for AI tasks. Running models locally is generally faster and cheaper than streaming data to remote servers. Microsoft and other tech firms are building devices that handle more computing power offline to meet these efficiency demands.