AmericasDevelopingDay 2
Microsoft cloud revenue
Microsoft revenue is $92.3 billion, net income is $36.6 billion, cloud revenue is $63.9 billion.
Updated 20:05 UTC, 29 October 2026 · 5 reports from 3 outlets · 3 confirmed · 24 one-source
Image: The Verge
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Written by AI only from the receipts on this page; each number links to the claim that line rests on.
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What changed
Last 48 hours, newest first (times UTC)
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Where it stands Microsoft revenue is $92.3 billion, net income is $36.6 billion, cloud revenue is $63.9 billion.
22 earlier changes
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New claim Azure revenue is $33.17 billion
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New claim Microsoft shares climb 5%
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New claim OpenAI revenue was $10 billion
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Story opened Microsoft shares climb after cloud revenue beats expectations
Two sides
The two media blocs whose accounts of this story differ most, side by side.
Where they part Europe foregrounds impact on shares, US focuses on record-breaking revenue.
European media
Financial TimesPrivate
European media centres Microsoft's cloud revenue, foregrounding its impact on shares, using terms like 'beats expectations', and focusing on the company's financial performance.
US media
TechCrunchPrivateThe VergePrivate
US media centres Microsoft's revenue and cloud growth, foregrounding record-breaking revenue and 'strong cloud growth', and using terms like '48% growth rate' to describe Azure's performance, with a focus on the company's financial reports and comparisons to other companies like Alphabet.
How it’s being told
One card per media bloc. Each summary is written only from that bloc’s own headlines and quotes.
European media
Financial TimesPrivate
European media centres Microsoft's cloud revenue, foregrounding its impact on shares, using terms like 'beats expectations', and focusing on the company's financial performance.
US media
TechCrunchPrivateThe VergePrivate
US media centres Microsoft's revenue and cloud growth, foregrounding record-breaking revenue and 'strong cloud growth', and using terms like '48% growth rate' to describe Azure's performance, with a focus on the company's financial reports and comparisons to other companies like Alphabet.
In their words
What the people at the centre of this story said, word for word, with the article each quote appeared in.
we will return Xbox to player and revenue growth
We also continue to make rapid progress with our first-party models, … Our goal is to advance the cost to outcome frontier, which means delivering capabilities comparable to leading models within three to six months of their release at a fraction of the training cost, thereby allowing us to transfer those cost benefits to customers.
We are executing on our vision to bring hybrid intelligence to every desk in every home, making every PC a secure agent box
Receipts
Every claim with the verbatim sentence it came from. Tap a claim to see its sources.
Confirmed 3
Reported by at least two independent outlets, or by the actor itself.
Microsoft Cloud revenue reached $63.9 billion
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“The record-breaking income was largely driven on the strength of Microsoft Cloud, which reached $63.9 billion in revenue this quarter, an increase of 30% over the year-ago quarter, Microsoft said.”
TechCrunchPrivateReportsMicrosoft hits 10 quarters of record- breaking revenue in a row
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“Microsoft Cloud revenue contributed $63.9 billion towards Microsoft’s revenues this quarter, almost 70 percent.”
The VergePrivateReportsMicrosoft reveals strong cloud growth amid financial reporting overhaul
Microsoft's net income reached $36.6 billion
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“Microsoft reported that net income reached $36.6 billion, an increase of 32% on a GAAP basis, over the year-ago quarter.”
TechCrunchPrivateReportsMicrosoft hits 10 quarters of record- breaking revenue in a row
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“Microsoft just posted the first quarter of its 2027 fiscal financial results. The software maker made $92.3 billion in revenue and a net income of $33.6 billion during Q1.”
The VergePrivateReportsMicrosoft reveals strong cloud growth amid financial reporting overhaul
Microsoft reported $92.3 billion in revenue
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“The tech giant reported yet another quarterly revenue record on Wednesday: $92.3 billion, a 19% increase over the year-ago quarter.”
TechCrunchPrivateReportsMicrosoft hits 10 quarters of record- breaking revenue in a row
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“That represents nearly 11% of Microsoft’s total quarterly revenue of $92.3 billion, highlighting the enormous financial ties that remain between the two companies even as they increasingly compete for the same customers.”
TechCrunchPrivateReportsMicrosoft recorded $10 billion in revenue from OpenAI
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“Microsoft just posted the first quarter of its 2027 fiscal financial results. The software maker made $92.3 billion in revenue and a net income of $33.6 billion during Q1.”
The VergePrivateReportsMicrosoft reveals strong cloud growth amid financial reporting overhaul
One source 24
Only one outlet so far. Shown, never hidden — treat with care.
The new Agents and Infra segment brought in $76.8 billion
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“The new Agents and Infra segment, which groups Azure with Microsoft 365’s cloud business, brought in $76.8 billion, up 25% from a year earlier.”
TechCrunchPrivateReportsMicrosoft just shared Azure’s actual revenue in dollars: $33.2 billion
Microsoft CFO Amy Hood forecast a 44% to 45% growth rate for Azure
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“Azure’s 48% growth rate also topped the 44% to 45% that Microsoft CFO Amy Hood forecast on the company’s July earnings call.”
TechCrunchPrivateReportsMicrosoft just shared Azure’s actual revenue in dollars: $33.2 billion
Analysts expected Azure's revenue to be $32.3 billion
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“Azure’s revenue was also about $850 million more than the $32.3 billion analysts expected.”
TechCrunchPrivateReportsMicrosoft just shared Azure’s actual revenue in dollars: $33.2 billion
Azure accounted for roughly 36% of Microsoft's $92.3 billion in quarterly revenue
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“It accounted for roughly 36% of Microsoft’s $92.3 billion in quarterly revenue.”
TechCrunchPrivateReportsMicrosoft just shared Azure’s actual revenue in dollars: $33.2 billion
Google Cloud brought in $30.7 billion in the same quarter
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“Alphabet, which also reported earnings on Wednesday, said Google Cloud brought in $30.7 billion in the same quarter, putting Azure slightly ahead.”
TechCrunchPrivateReportsMicrosoft just shared Azure’s actual revenue in dollars: $33.2 billion
Azure's revenue grew 48% from a year earlier
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“it reported that Azure brought in a healthy $33.2 billion in revenue for the July-September quarter, up 48% from a year earlier.”
TechCrunchPrivateReportsMicrosoft just shared Azure’s actual revenue in dollars: $33.2 billion
Microsoft's ownership stake in OpenAI declined to 24% in September
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“Microsoft’s ownership stake in OpenAI has also declined slightly from about 25% in June to 24% in September.”
TechCrunchPrivateReportsMicrosoft recorded $10 billion in revenue from OpenAI
OpenAI committed to buying an additional $250 billion in Azure services
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“In exchange, OpenAI committed to buying an additional $250 billion in Azure services as part of an October 2025 agreement.”
TechCrunchPrivateReportsMicrosoft recorded $10 billion in revenue from OpenAI
Microsoft invested more than $13 billion in OpenAI
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“OpenAI reportedly shares 20% of its revenue with Microsoft as part of a previous deal in which the software giant invested more than $13 billion in the AI startup.”
TechCrunchPrivateAttributesMicrosoft recorded $10 billion in revenue from OpenAI
OpenAI shares 20% of its revenue with Microsoft
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“OpenAI reportedly shares 20% of its revenue with Microsoft as part of a previous deal in which the software giant invested more than $13 billion in the AI startup.”
TechCrunchPrivateAttributesMicrosoft recorded $10 billion in revenue from OpenAI
Microsoft had $7.2 billion in outstanding receivables from OpenAI at the end of September
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“Microsoft also reported $7.2 billion in outstanding receivables from OpenAI at the end of September, up from $6 billion at the end of June.”
TechCrunchPrivateReportsMicrosoft recorded $10 billion in revenue from OpenAI
Revenue from OpenAI hit $24.1 billion for the full 2026 fiscal year
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“For the full 2026 fiscal year, revenue from OpenAI hit $24.1 billion.”
TechCrunchPrivateReportsMicrosoft recorded $10 billion in revenue from OpenAI
Microsoft generated $10 billion in revenue from commercial arrangements with OpenAI
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“Microsoft generated $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments, in the quarter ended September 30, the company said in a regulatory filing on Wednesday.”
TechCrunchPrivateReportsMicrosoft recorded $10 billion in revenue from OpenAI
Microsoft's capital expenditures topped $45.2 billion
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“Capital expenditures topped $45.2 billion, another all-time quarterly record.”
TechCrunchPrivateReportsMicrosoft hits 10 quarters of record- breaking revenue in a row
OpenAI revenue was $10 billion
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“Microsoft also reported $10 billion in revenue from OpenAI.”
TechCrunchPrivateReportsMicrosoft hits 10 quarters of record- breaking revenue in a row
Microsoft 365 accounted for nearly $28 billion in revenue
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“Microsoft 365 accounted for nearly $28 billion.”
TechCrunchPrivateReportsMicrosoft hits 10 quarters of record- breaking revenue in a row
Azure brought in $33.2 billion in revenue
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“Azure brought in the most, at $33.2 billion.”
TechCrunchPrivateReportsMicrosoft hits 10 quarters of record- breaking revenue in a row
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“it reported that Azure brought in a healthy $33.2 billion in revenue for the July-September quarter, up 48% from a year earlier.”
TechCrunchPrivateReportsMicrosoft just shared Azure’s actual revenue in dollars: $33.2 billion
Microsoft has reported record-breaking revenue for 10 quarters
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“Microsoft has now reported record-breaking revenue for 10 quarters in a row.”
TechCrunchPrivateReportsMicrosoft hits 10 quarters of record- breaking revenue in a row
Hood expects Windows OEM revenue to decline again next quarter
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“Microsoft CFO Amy Hood said on the company’s earnings call that she expects Windows OEM revenue to decline again next quarter, around “the mid 30s,” and a decline is expected to continue throughout the 2027 financial year.”
The VergePrivateReportsMicrosoft reveals strong cloud growth amid financial reporting overhaul
Sharma: "we will return Xbox to player and revenue growth" by the end of fiscal year 2027
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“In a memo earlier this year, Xbox CEO Asha Sharma said “we will return Xbox to player and revenue growth” by the end of fiscal year 2027 (which runs through next June).”
The VergePrivateReportsMicrosoft reveals strong cloud growth amid financial reporting overhaul
Nadella: "Our goal is to advance the cost to outcome frontier, which means delivering capabilities comparable to leading models within three to six months of their release at a fraction of the training cost"
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““We also continue to make rapid progress with our first-party models,” said Nadella. “Our goal is to advance the cost to outcome frontier, which means delivering capabilities comparable to leading models within three to six months of their release at a fraction of the training cost, thereby allowing us to transfer those cost benefits to customers.””
The VergePrivateReportsMicrosoft reveals strong cloud growth amid financial reporting overhaul
Nadella: "We are executing on our vision to bring hybrid intelligence to every desk in every home, making every PC a secure agent box"
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““We are executing on our vision to bring hybrid intelligence to every desk in every home, making every PC a secure agent box,” said Nadella.”
The VergePrivateReportsMicrosoft reveals strong cloud growth amid financial reporting overhaul
Azure revenue is $33.17 billion
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“Azure contributed $33.17 billion in revenue this quarter, up 48 percent year-over-year.”
The VergePrivateReportsMicrosoft reveals strong cloud growth amid financial reporting overhaul
Microsoft shares climb 5%
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“Microsoft shares climb 5% after cloud revenue beats expectations”
Financial TimesPrivateReportsMicrosoft shares climb 5% after cloud revenue beats expectations
Ask about this story
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All sources
5 reports from 3 outlets — with who owns each outlet and who pays for it.
TechCrunch Private
United StatesOwner: Regent, L.P. (acquired from Yahoo in 2025)Paid by: advertising + events
Financial Times Private
United KingdomOwner: Nikkei Inc.Paid by: subscriptions + advertising
The Verge Private
United StatesOwner: Vox MediaPaid by: advertising + subscriptions
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3 confirmed · 24 one-source3 outletsUpdated