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Microsoft earnings date: results for July to September on Oct. 28 at 5:30 p.m. ET, with Xbox set to fall again

Microsoft reports its results for July to September 2026, the first quarter of its fiscal year 2027, on Wednesday, Oct. 28, 2026, after the stock market closes, and the live webcast of its earnings call starts at 5:30 p.m. ET, or 2:30 p.m. PT, on its Investor Relations website. Chairman and CEO Satya Nadella and Chief Financial Officer Amy Hood host the call. For Xbox, Microsoft's own forecast points down: on July 29, Hood said content and services revenue would decline in the mid-single digits and hardware revenue would fall from a year earlier. Xbox revenue already fell 10% from April to June 2026.

By Pogwire··2 min read
  • Xbox Series X|S
  • PC
Halo's Master Chief in green armor stands before a Halo ring in key art from Microsoft's Xbox site
Image: Microsoft / Xbox

Microsoft opens its books for July to September on Oct. 28, and Xbox is forecast to shrink again. Here’s when the results land, how to watch the call and which Xbox numbers to look for.

When does Microsoft report earnings?

On Wednesday, Oct. 28, 2026, after the stock market closes at 4 p.m. ET. Microsoft announced the date on Oct. 7 and posts the results on its Investor Relations website. The report covers July 1 to Sept. 30, 2026, the first quarter of Microsoft’s fiscal year 2027, which started on July 1.

What time is the Microsoft earnings call?

The live webcast starts at 5:30 p.m. ET, or 2:30 p.m. PT, on Microsoft’s Investor Relations website. Satya Nadella, chairman and CEO, and Amy Hood, chief financial officer, host it, and analysts ask questions after the prepared remarks.

What Microsoft expects from Xbox

Microsoft gave its forecast on July 29, 2026. Hood said Xbox content and services revenue, which covers game sales, Game Pass and in-game spending, would decline in the mid-single digits. Xbox hardware revenue would also decline from a year earlier, according to Hood.

Xbox games on a TV, laptop, handhelds, a phone, a headset and an Xbox Series X in Microsoft's art
Image: Microsoft / Xbox

For the whole More Personal Computing segment, which holds Xbox, Windows, Surface and search, Microsoft forecast revenue of $12.2 billion to $12.7 billion. A year earlier, from July to September 2025, the segment brought in $13.8 billion, and Xbox content and services grew 1% while Xbox hardware fell 29%.

How Xbox did from April to June 2026

Xbox revenue fell 10%, and content and services also fell 10%, against a year-earlier quarter boosted by Microsoft’s own games, Hood said. Operating income in the More Personal Computing segment, which holds Xbox, dropped 14%, and Microsoft listed severance expense and impairment charges in Xbox among the costs of the quarter. The More Personal Computing segment fell 4% to $12.9 billion, while Microsoft’s total revenue rose 18% to $90.0 billion.

Three Call of Duty soldiers with rifles advance down a dark alley in key art from Microsoft's Xbox site
Image: Microsoft / Xbox

Microsoft reports only the change in hardware revenue, not console units. That revenue fell 29%, 32% and 33% in the three quarters from July 2025 to March 2026, as our Xbox Series X sales page tracks.

Xbox prices and Game Pass during the quarter

Two price moves shape the July to September numbers. On Aug. 1, 2026, Microsoft raised US console prices by $100 to $150, putting the Xbox Series X 1TB at $799.99, as our Xbox Series X price page lists. Game Pass went the other way: Ultimate costs $22.99 a month after the April 21 cut from $29.99, and new Call of Duty games no longer join Ultimate at launch, as our Game Pass price page explains.

What doesn’t count in this report

Call of Duty: Modern Warfare 4 launched on Oct. 23, 2026, after the quarter closed, so its launch sales land in the October to December results. Our Modern Warfare 4 release date page covers the launch. The next console, Project Helix, has no date or price, and alpha hardware reaches developers in 2027, as our Project Helix page covers.

Blocky Minecraft heroes swing weapons at a horde of mobs in key art from Microsoft's Xbox site
Image: Microsoft / Xbox

This page is updated as soon as Microsoft publishes its results on Oct. 28.

FAQ

When is Microsoft's next earnings report?

Wednesday, Oct. 28, 2026, after the stock market closes at 4 p.m. ET. Microsoft announced the date on Oct. 7, 2026.

What time is the Microsoft earnings call?

5:30 p.m. ET, or 2:30 p.m. PT, on Wednesday, Oct. 28, 2026, as a live webcast on Microsoft’s Investor Relations website.

Which quarter does Microsoft report on Oct. 28?

The first quarter of its fiscal year 2027, from July 1 to Sept. 30, 2026. Microsoft’s fiscal year starts on July 1.

Is Xbox revenue expected to fall?

Yes. On July 29, 2026, CFO Amy Hood said Microsoft expects Xbox content and services revenue to decline in the mid-single digits and Xbox hardware revenue to decline from a year earlier.

How did Xbox do last quarter?

Xbox revenue fell 10% from April to June 2026, and content and services also fell 10%, against a year-earlier quarter boosted by Microsoft’s own games. Operating income in the More Personal Computing segment, which holds Xbox, fell 14%, and the quarter carried severance and impairment charges in Xbox.

How did Xbox do a year earlier?

From July to September 2025, Xbox content and services revenue rose 1% and Xbox hardware revenue fell 29%, according to Microsoft’s Oct. 29, 2025, results.

Does Microsoft report Xbox console sales?

Microsoft reports only the change in Xbox hardware revenue, not the number of consoles sold. That revenue fell 29% to 33% in each quarter from July 2025 to March 2026.

Does Modern Warfare 4 count in these results?

Its launch lands in the next quarter. Modern Warfare 4 launched on Oct. 23, 2026, after the July to September quarter closed, so its launch sales count in the October to December results.

Did Xbox prices change during the quarter?

Yes. On Aug. 1, 2026, Microsoft raised US console prices, and the Xbox Series X 1TB went to $799.99. Game Pass Ultimate stayed at $22.99 a month after the April 21 cut from $29.99.

Who hosts the Microsoft earnings call?

Satya Nadella, chairman and CEO, and Amy Hood, executive vice president and chief financial officer, according to Microsoft’s event page for Oct. 28.

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