Microsoft Posts 10th Consecutive Quarter of Record Revenue
Microsoft announced quarterly revenue of $92.3 billion, up 19% from the same period a year earlier, marking the tenth straight quarter of record‑breaking sales. Net income rose 32% to $36.6 billion. The surge was driven largely by Microsoft Cloud, which generated $63.9 billion—30% higher YoY—comprising $33.2 billion from Azure and $10 billion from OpenAI services. Microsoft 365 contributed nearly $28 billion. Devices and Consumer revenue fell 3% to $15.5 billion, with Windows OEM and device sales down 22%. Capital expenditures hit $45.2 billion, a new quarterly high, and commercial remaining performance obligations increased 73% to $677 billion, reflecting future AI‑related contracts.
The sustained revenue growth, especially from cloud and AI services, underscores Microsoft’s expanding role in enterprise AI adoption and its financial resilience amid a competitive cloud market.
Source: TechCrunch · AI · techcrunch.com