Microsoft Reorganizes Reporting Into Two AI-Focused Segments for FY27

Microsoft will begin reporting two segments in fiscal 2027—Agents and Infra, and Devices and Consumer—replacing its three existing segments and reallocating businesses including GitHub, LinkedIn offerings, Security Copilot and healthcare solutions. The company restated fiscal 2025 and 2026 results under the new structure; fiscal 2026 revenue was $268.1 billion for Agents and Infra and $63.7 billion for Devices and Consumer, while FY27 first-quarter outlook was adjusted to $75.15 billion-$75.75 billion and $14.7 billion-$15.2 billion, respectively, with no change to total-company guidance.