Microsoft's Azure Cloud Revenue Surpasses $100 Billion Annually
In its fiscal year ending July 2026, Microsoft reported that its Azure cloud business crossed the $100 billion annual revenue mark for the first time. This represents a significant growth of 41% compared to last year's $75 billion and highlights Azure’s position as one of the leading cloud providers behind Amazon Web Services. The strong performance contributed to Microsoft's overall quarterly results, with Q4 revenue reaching $90 billion—surpassing analyst expectations. The company also reported a fiscal-year net income of $133.7 billion on total revenue of $331.8 billion. CEO Satya Nadella attributed the growth in Azure and Copilot to strong customer demand for AI infrastructure. Microsoft's shares rose over 8% after hours despite broader market declines, as investors welcomed the results amid concerns about slowing returns from tech firms' heavy capital investments.
Topics: Azure revenue milestone cloud computing Microsoft financials