Microsoft (MSFT) earnings for the quarter ended September 2026: EPS beats estimates
Microsoft reported results for the quarter ended September 2026 on October 28, 2026. Adjusted earnings per share came in at $4.89 against the analysts’ average forecast of $4.72, a beat of 3.6%.
Revenue for the quarter was $92.28 billion, up 18.8% from $77.67 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 0.2% on the first trading day after the report.
The last four quarters
Microsoft has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $4.89 | $4.72 | +3.6% | +19% | −0.2% |
| Jun 2026 | $4.74 | $4.24 | +11.8% | +18% | +14.7% |
| Mar 2026 | $4.27 | $4.07 | +4.8% | +18% | −5.0% |
| Dec 2025 | $4.14 | $3.92 | +5.7% | +17% | −9.8% |
What comes next
Analysts expect EPS of $4.86 for the next quarter on average and $20.01 for the fiscal year ending June 30, 2027.
The average analyst price target is $636.12, 21% above the current price of $523.88.
Valuation and score
Microsoft scores 3.6 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 27.3, and its intrinsic value under moderate assumptions is about 20% below the current market value. Full Microsoft analysis with 10 years of financials
Frequently asked questions
What was Microsoft’s EPS for the quarter ended September 2026?
$4.89 adjusted per share, against an analyst consensus of $4.72.
How much revenue did Microsoft report?
$92.28 billion, up 18.8% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.