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Microsoft Reports Mixed Q1 FY27 Results with Xbox Hardware Decline and Minecraft Success

Microsoft Reports Mixed Q1 FY27 Results with Xbox Hardware Decline and Minecraft Success

Xbox revenue falls 2% in first results since layoffs as decline narrows from 10%
Xbox revenue falls 2% in first results since layoffs as decline narrows from 10%

Microsoft’s latest earnings are the first official numbers since summer cuts that cost Xbox 3,200 jobs and four studios. They show a division still shrinking, but more slowly. A year ago, the same...

Xbox hardware revenue decreased 14% year-over-year during Microsoft's (MSFT) Q1 FY27
Xbox hardware revenue decreased 14% year-over-year during Microsoft's (MSFT) Q1 FY27

Xbox content and services revenue is also down this quarter.

Microsoft (MSFT) Q1 FY27 earnings results beat revenue and EPS expectations
Microsoft (MSFT) Q1 FY27 earnings results beat revenue and EPS expectations

Microsoft’s Q1 FY27 results were just one penny behind whisper number earnings-per-share expectations.

Microsoft (MSFT) CEO Satya Nadella says Minecraft had record revenue and engagement in Q1 FY27
Microsoft (MSFT) CEO Satya Nadella says Minecraft had record revenue and engagement in Q1 FY27

Xbox’s content and services were part of Microsoft Devices and Consumer revenue, which hit $15.5 billion in Q1 FY27.

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