Home/Events/Microsoft Reports Record-Breaking Revenue for 10 Consecutive Quarters

Microsoft Reports Record-Breaking Revenue for 10 Consecutive Quarters

Confirmed
Confidence
90%
Impact: 80%
Updated 2m ago

Consensus Brief

Microsoft has achieved a quarterly revenue record of $92.3 billion, marking a 19% increase year-over-year. The company's net income reached $36.6 billion, a 32% increase, largely driven by its cloud services, particularly Azure and Microsoft 365. Despite some declines in its Devices and Consumer segment, the overall financial performance reflects strong growth in cloud-related revenue, including $10 billion from OpenAI.

Sourced from
Primary: TechCrunch

What Changed Since Last Update

2m ago

New corroborating source added: TechCrunch published an update on Wed, 28 Oc ("Microsoft hits 10 quarters of record-breaking revenue in a row").

Claim Ledger

6 claims tracked across sources

Confirmed Fact

Microsoft reported quarterly revenue of $92.3 billion, a 19% increase over the year-ago quarter.

Confirmed Fact

Net income reached $36.6 billion, an increase of 32% on a GAAP basis.

Confirmed Fact

Microsoft Cloud revenue was $63.9 billion, a 30% increase year-over-year.

Confirmed Fact

OpenAI generated $10 billion in revenue for Microsoft.

Confirmed Fact

Commercial remaining performance obligation increased 73% to $677 billion.

Confirmed Fact

Capital expenditures topped $45.2 billion, another all-time quarterly record.

Role-Based Impact Analysis