Microsoft just shared Azure’s actual revenue in dollars: $33.2 billion
What's happening
Microsoft disclosed Azure's quarterly revenue in dollars for the first time: $33.2 billion. The company also reported $10 billion in revenue from commercial arrangements with OpenAI for the quarter ending September 30. Overall quarterly revenue hit a record $92.3 billion, a 19% year-over-year increase, marking Microsoft's 10th consecutive quarter of record-breaking revenue.
Why it's trending
Investors and competitors want hard dollar figures as AI-driven partnerships (notably with OpenAI) and cloud growth reshape competitive standings right now.
SignalNewly emerging, confirmed across 2 independent source types.
Story volume
Stories per dayAngles you could write
If you think Azure is still far behind AWS, $33.2 billion this quarter suggests the narrative needs an update.
+2 more angles for this topic with an account — all it takes is your email.
Original sources4
- Microsoft just shared Azure's actual revenue in dollars: $33.2 billion | TechCrunchr/artificialOct 29
- Microsoft just shared Azure’s actual revenue in dollars: $33.2 billion
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.
TechCrunch AIOct 28 - Microsoft recorded $10 billion in revenue from OpenAI
Microsoft said it made $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments, in the quarter ending September 30. It underscores the still-enormous financial dependency of the partnership.
TechCrunch AIOct 28 - Microsoft hits 10 quarters of record-breaking revenue in a row
Whatever the future of AI might be, the current situation is still very good for Microsoft. The tech giant reported yet another record for quarterly revenue on Wednesday: $92.3 billion, a 19% increase over the year-ago quarter.
TechCrunch AIOct 28
More rising in AI & Tech
- Google announces Gemini 4 Carbon, its latest frontier AI model that you can't useSurging6.0Surging6.0 momentum
- Google alters its cloud playbook, enlisting partners to sell more AI chipsClimbing2.3Climbing2.3 momentum
- Google admits AI search makes less money, but it's fixing that with more adsClimbing2.8Climbing2.8 momentum
- AI chip boom tripled South Korea's economic growth in the third quarterSteady1.0Steady1.0 momentum
- AI 'hacker' finds 4 severe bugs in popular industrial control software in under 4 hoursSteady0.7Steady0.7 momentum
- Anthropic IPO warns its AI could blackmail people, become sentient, end humanityClimbing2.8Climbing2.8 momentum