“Given our strong business performance, we expect to remain free cash flow positive in FY27. To complement cash generated by the business and preserve financial flexibility, we will access additional sources of funding when we believe it is attractive to do so.”
Said Oct 28, 2026Deadline Jun 30, 2027Microsoft fiscal Q1 2027 earnings call transcript, October 28, 2026
Microsoft's fiscal 2027 ends June 30, 2027; Q1 FY27 free cash flow was $18.6 billion, down 27% year over year, with quarterly capex set to exceed $50 billion.