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TechCrunch · AI· Julie Bort·· 3d agoSelected

Microsoft Posts 10th Consecutive Quarter of Record Revenue

Original source: TechCrunch · AIRead original
AI brief

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.

Why it matters

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