Microsoft Reports $92.3bn in Quarterly Revenue as It Offers Buyouts to About 60,000 Staff
Microsoft reported $92.3bn in total revenue for the September quarter and profit of more than $36.6bn, The Guardian reported on October 28. Analysts had expected revenue of around $90.6bn and profit of $35.1bn, according to FactSet.
Microsoft's own earnings release gave operating income of $45.9 billion, revenue growth of 19%, and earnings per share of $4.92 for the quarter. Microsoft also said net income rose 32% from a year earlier on a GAAP basis, the standard set of US accounting rules.
Azure, the company's cloud computing division, grew 48% in the quarter, according to The Guardian. Reuters reported Azure revenue of $33.17 billion, against analyst expectations of $33.06 billion.
The earnings came two days after Microsoft announced voluntary buyouts for about 60,000 employees, on October 26. A buyout is an offer to leave the company in exchange for a payment, and staff can choose whether to accept. The 60,000 people represent roughly a quarter of the workforce.
Bloomberg reported that the offer was aimed at containing costs. CNBC reported that the programme covers employees in four countries. Business Insider reported that its terms resembled Microsoft's standard severance offer.
Microsoft had 223,000 employees globally at the end of June, down from 228,000 at the end of 2025. The October offer is the second of the year. In April, the company offered early retirement to seven percent of its US workforce.
