Microsoft Reveals Azure Generated $33.2 B in Q3, Outpacing Google Cloud
Microsoft disclosed that its Azure cloud platform earned $33.2 billion in revenue for the July–September quarter, a 48% year‑over‑year increase. This marks the first time Microsoft has reported Azure’s revenue in dollars, allowing a direct comparison with Amazon Web Services and Google Cloud. In the same period, Alphabet reported $30.7 billion for Google Cloud, while AWS continues to lead the market but has not yet released dollar‑level figures. Azure’s revenue now accounts for roughly 36% of Microsoft’s $92.3 billion quarterly revenue, surpassing analyst expectations of $32.3 billion and exceeding the growth rate forecast by CFO Amy Hood. The disclosure places Azure as Microsoft’s largest and fastest‑growing product line and signals a more transparent race among the top cloud providers.
The first dollar‑level disclosure of Azure’s revenue lets investors and analysts directly compare Microsoft’s cloud performance with AWS and Google Cloud, highlighting Azure’s rapid growth and its impact on the competitive cloud landscape.
Source: TechCrunch · AI · techcrunch.com