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Microsoft starts reporting Azure sales figures quarterly

Microsoft will now report Azure’s revenue every quarter. Azure brought in $29.4 billion last quarter and $101.9 billion in the fiscal year ending June. This is the first time Microsoft has shared these figures, offering a direct revenue comparison to Amazon and Google’s cloud businesses. The new disclosures come alongside a shakeup to Microsoft’s financial reporting, consolidating business segments from three to two.

Why it mattersInvestors will finally get clarity on Azure’s actual money performance, marking the end of years of growth percentages without hard numbers. Direct competition between the major cloud providers is about to get a lot more transparent.

Sources covering this

CNBCMicrosoft to start disclosing Azure quarterly revenue as company consolidates business units10:37 PMEconomic Times TechMicrosoft reveals Azure cloud sales in financial reporting shift4:29 AM

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