Microsoft Discloses Azure Quarterly Revenue of $33.2 Billion

In a departure from previous reporting practices, Microsoft has disclosed the specific dollar revenue for its Azure cloud business, reporting $33.2 billion for the July–September quarter. This represents a 48% year-over-year increase, surpassing analyst expectations of $32.3 billion and exceeding prior guidance provided by CFO Amy Hood. The disclosure allows for direct comparison with competitors in the cloud infrastructure market. While Azure's revenue slightly edges out Alphabet's Google Cloud ($30.7 billion), Google Cloud demonstrated faster growth, roughly doubling its revenue year-over-year. Azure has now become Microsoft's largest and fastest-growing product line, accounting for approximately 36% of the company's total $92.3 billion quarterly revenue.

By Aditya Mehta · TechCrunch ·

Microsoft Discloses Azure Quarterly Revenue of $33.2 Billion

Tickers: $AMZN $GOOGL $MSFT

Topics: AI infrastructure Azure revenue cloud computing quarterly earnings

Read the full article at TechCrunch

Part of the story Microsoft Reports $10 Billion in Quarterly Revenue from OpenAI Arrangements (6 articles)

More World news