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Microsoft: $92.3 billion in quarterly revenue, driven by the cloud

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AT A GLANCE

First-quarter fiscal 2027 results, published on 28 October, cover July to September 2026. Fiscal year, revenue and profit: the useful distinctions.

Archive photo of a Microsoft sign. Not a photo of this earnings announcement.
Jonathan Schilling · CC BY-SA 4.0
In this article

The figures announced

On 28 October Microsoft announced revenue of $92.3 billion for the quarter ended 30 September, up 19% year on year. Microsoft Cloud reached $63.9 billion, a rise of 30%.

Why talk about 2027?

The company calls this period the first quarter of its 2027 fiscal year. A fiscal year does not necessarily coincide with the calendar year. These results cover July to September 2026, not events that have already happened in 2027.

Revenue and profit

Revenue measures income from sales; profit takes account of costs and other items. Net income under the accounting standards announced reached $36.6 billion. Revenue growth does not automatically mean profit growth.

Understanding the cloud

The cloud lets you use computing resources and services over a network. In financial results, you must also distinguish past performance from forecasts. Announced growth guarantees neither future results nor the movement of a share price.

LANGUAGE NOTES

Learn the grammar

Explained in English

French grammar

Learn sentence patterns and usage from the article’s own sentences.

01Negation and its scope
Structure

ne / n’ … pas · ne … plus

In the article
Un exercice comptable ne coïncide pas nécessairement avec l’année civile.
Key points

Normally ne and pas wrap the verb. Before a vowel, ne becomes n’. Check which part of the sentence the negation covers. Ne … plus means “no longer”.

02Citing a source with selon
Structure

selon + noun / organisation

In the article
Le bénéfice net selon les normes comptables annoncées atteint 36,6 milliards de dollars.
Key points

Selon means “according to”. Put a person or organisation after it as the source. It separates facts the writer checked directly from what another body or report said. Citing a source does not turn a forecast into an accomplished fact.

03The passé composé for events
Structure

present of avoir + past participle

In the article
Microsoft a annoncé le 28 octobre un chiffre d’affaires de 92,3 milliards de dollars pour le trimestre clos le 30 septembre, en hausse de 19 % sur un an.
Key points

It reports past events, as in “announced” or “explained”. A / ont is the auxiliary avoir and the next word is the past participle. The passé composé alone does not tell you the date of the event.

04Dates and their prepositions
Structure

le + 日付 / du … au …

In the article
Les résultats du premier trimestre de l’exercice 2027, publiés le 28 octobre, couvrent juillet à septembre 2026.
Key points

Le 15 octobre means “on 15 October”. Distinguish the le before a date from the le that marks a weekly habit like a weekday. Du is de + le and au is à + le, so decide the meaning from the verb and period expressions around them. Their role depends on the group: a range of dates, the date of a bulletin or another complement.

05Million and milliard followed by de
Structure

number + million(s) / milliard(s) + de + noun

In the article
Microsoft a annoncé le 28 octobre un chiffre d’affaires de 92,3 milliards de dollars pour le trimestre clos le 30 septembre, en hausse de 19 % sur un an.
Key points

Million and milliard are nouns, so use de before what is counted. Before a vowel it becomes d’. Mille works differently: look at the quantity as a whole instead of applying the same form.

06The uses of dans
Structure

dans + noun phrase

In the article
Dans des résultats financiers, il faut aussi distinguer les performances passées des prévisions.
Key points

Dans means “in, inside” for places, but also for a scope such as a system or period. With future time, dans deux jours means “in two days”. In the article’s example, check what it is “inside” and which scope it marks. Identify the value of dans in the passage.

Explained in English

Japanese grammar

Understand the structure and usage from the text.

01Rejecting an interpretation
Structure

〜わけではない / 〜という意味ではない

In the article
2027年にすでに起きた出来事という意味ではなく、2026年7~9月の業績です。
Key points

These forms limit and deny an interpretation: “it does not necessarily follow” or “that is not what is meant”. They do not necessarily deny every fact in the sentence. Read what is being denied together with the earlier part.

02Polite negation and plain form
Structure

〜ではありません / 〜ではない

In the article
企業が成長を報告しても、将来の業績や株価を保証するものではありません。
Key points

They negate a noun and similar content. “ではありません” is the polite form and “ではない” the plain form. “成立ではありません” shows that it cannot be said to have been concluded.

03Giving examples with など
Structure

noun / expression + など

In the article
売上高は商品やサービスの販売による収入で、利益は費用などを考慮した別の指標です。
Key points

“暴言など” gives “abusive language” as one example. It is not necessarily a closed list of only the things named. It also helps when reading the scope of a news story.

04The polite past ました
Structure

verb stem (連用形) + ました

In the article
Microsoftは28日、9月30日までの四半期の売上高が923億ドルで、前年同期より19%増えたと発表しました。
Key points

In “発表しました”, ました makes a verb polite past. The negative is “ませんでした”. Read the actual date together with the date and time in the text.

05Quoting with と: content and report
Structure

plain-form sentence + と + verbe de parole (報じる, 説明する…)

In the article
Microsoftは28日、9月30日までの四半期の売上高が923億ドルで、前年同期より19%増えたと発表しました。
Key points

と takes the content that is reported or explained. In “改定する方針だと報じました”, “改定する方針だ” is what the report said. Separating the content from who said it and how makes long sentences easier to read.

06Treating a clause like a noun with こと
Structure

plain-form sentence + こと + particle

In the article
売上高が増えた割合を、そのまま利益の増加率として読むことはできません。
Key points

“〜すること” treats an action or content like a noun. The particle after it (が・を・は…) shows its role in the sentence. “ことができる” is a fixed combination meaning “can”.

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