$524.76
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Last update: Nov 2, 9:44 AM
Microsoft Corp
MSFTNASDAQ
Microsoft (MSFT) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Microsoft (MSFT) last issued guidance on October 28, 2026 for Q2 2027. The company guided revenue in the range of $96B - $97.1B for the period.
Compared to prior guidance, Microsoft raised its revenue forecast from a prior range of $89.85B - $90.95B.
Microsoft has issued 17 guidance updates between January 24, 2023 and October 28, 2026. During this period, the company raised its outlook 11 times and lowered it 1 time, providing investors with insight into management's evolving expectations.
| Metric | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $4.72 | $4.23 | $4.07 | $3.86 |
| Actual | $4.89 | $4.74 | $4.27 | $4.14 |
| Surprise | +3.60% | +12.1% | +4.91% | +7.25% |
| Revenue | ||||
| Estimate | $90.70B | $87.61B | $81.42B | $80.25B |
| Actual | $92.28B | $90.01B | $82.89B | $81.27B |
| Surprise | +1.74% | +2.73% | +1.80% | +1.27% |
| Metric | Q2 '27E | Q3 '27E | Q4 '27E | Q1 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $4.86 | $4.93 | $5.18 | $5.54 |
| Revenue | ||||
| Consensus | $96.56B | $98.99B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q1 | Oct 28, 2026 | $4.89 | $4.72 | 3.60 % |
| Q4 | Jul 29, 2026 | $4.74 | $4.23 | 12.1 % |
| Q3 | Apr 29, 2026 | $4.27 | $4.07 | 4.91 % |
| Q2 | Jan 28, 2026 | $4.14 | $3.86 | 7.25 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q1 | Oct 28, 2026 | $92.28B | $90.70B | 1.74 % |
| Q4 | Jul 29, 2026 | $90.01B | $87.61B | 2.73 % |
| Q3 | Apr 29, 2026 | $82.89B | $81.42B | 1.80 % |
| Q2 | Jan 28, 2026 | $81.27B | $80.25B | 1.27 % |
