{
  "id": 16966323,
  "title": "Microsoft just shared Azure’s actual revenue in dollars: $33.2 billion",
  "url": "https://urgent.news/2026/10/28/microsoft-just-shared-azures-actual-revenue-in-dollars-33-2-billion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T21:58:32.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/10/28/microsoft-just-shared-azures-actual-revenue-in-dollars-33-2-billion/"
  },
  "original_language": "en",
  "account": "Microsoft has finally disclosed the actual revenue generated by its Azure cloud service. In the most recent quarter, covering July to September, Azure generated $33.2 billion in revenue, marking a 48% increase compared to the same period last year. This is the first time Microsoft has shared the revenue figure in dollars instead of just a growth percentage or vague milestones. With this disclosure, investors can now more accurately compare Azure's performance with Amazon Web Services and Google Cloud, both of which already disclose their cloud revenues in dollars each quarter.\n\nAlphabet, Google's parent company, reported that Google Cloud generated $30.7 billion in revenue for the same period, putting Azure just slightly ahead. However, Google Cloud's revenue roughly doubled from a year earlier, growing at nearly twice the rate of Azure, according to TechCrunch's calculations. Azure, which allows businesses to rent computing power to run applications, SaaS, and build and run AI models, has become Microsoft's largest and fastest-growing product line, accounting for roughly 36% of the company's $92.3 billion in quarterly revenue. This revenue figure also exceeds the $32.3 billion analysts had expected.\n\nThe new business segment, Agents and Infra, which groups Azure with Microsoft 365's cloud business, brought in $76.8 billion, a 25% increase from a year earlier. While Amazon is expected to report strong earnings on Thursday, analysts anticipate its cloud division, Amazon Web Services, to continue growing. Despite Microsoft's new disclosure, it appears unlikely that any company will surpass Amazon Web Services' dominance in the cloud market at this time. However, with all major players now reporting actual revenue figures, the competition in the cloud services industry is intensifying.",
  "summary": "Microsoft has never disclosed Azure's quarterly revenue in dollars. But for the first time, we can see just how close it is getting to besting the biggest competitor in the market, AWS.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}