Home/Events/Microsoft Reports Azure Revenue of $33.2 Billion for Q3 2023

Microsoft Reports Azure Revenue of $33.2 Billion for Q3 2023

Confirmed
Confidence
100%
Impact: 80%
Updated 8m ago

Consensus Brief

Microsoft disclosed Azure's quarterly revenue for the first time, reporting $33.2 billion for the July–September quarter, a 48% increase from the previous year. This positions Azure slightly ahead of Google Cloud, which reported $30.7 billion in the same period. Azure now represents 36% of Microsoft's total quarterly revenue of $92.3 billion.

Sourced from
Primary: TechCrunch

What Changed Since Last Update

8m ago

New corroborating source added: TechCrunch published an update on Wed, 28 Oc ("Microsoft just shared Azure’s actual revenue in dollars: $33.2 billion").

Claim Ledger

6 claims tracked across sources

Confirmed Fact

Azure brought in a healthy $33.2 billion in revenue for the July–September quarter.

Confirmed Fact

Azure's revenue was up 48% from a year earlier.

Confirmed Fact

Azure accounted for roughly 36% of Microsoft's $92.3 billion in quarterly revenue.

Confirmed Fact

Google Cloud brought in $30.7 billion in the same quarter.

Confirmed Fact

Azure's revenue was about $850 million more than the $32.3 billion analysts expected.

Confirmed Fact

Azure's growth rate topped the 44% to 45% forecast by Microsoft CFO Amy Hood.

Role-Based Impact Analysis