From AI Insider · James Dargan · · 40s
Microsoft Reports $92.3B Quarterly Revenue
Microsoft's AI-driven Azure revenue hits $33.2B, a record 48% year-over-year growth.
In brief
Microsoft's AI-driven Azure revenue hits $33.2B, a record 48% year-over-year growth. Microsoft reported record quarterly revenue of $92.3 billion, with Azure generating $33.2 billion in the latest quarter. Originally reported by AI Insider.
Microsoft Reports Record Quarterly Revenue
Microsoft reported record quarterly revenue of $92.3 billion, up 19% year over year, marking its tenth consecutive record-breaking quarter.
Azure Revenue Surpasses $33.2 Billion
Azure generated $33.2 billion in the July to September period, up 48% year over year, beating analyst expectations by $850 million.
AI Drives Azure Growth
Microsoft reported $10 billion in revenue from OpenAI, with Azure becoming the largest and fastest-growing product line.
The big picture
Microsoft reported record quarterly revenue of $92.3 billion, with Azure generating $33.2 billion in the latest quarter.
