Azure Revenue Reaches $33.2 Billion, Beating Estimates

Microsoft's Azure cloud platform reported $33.2 billion in revenue for the July–September quarter, up 48% year on year, in results released October 28, 2026. Analysts had expected $32.3 billion, and CFO Amy Hood had guided to 44% to 45% growth. It is the first time Microsoft has disclosed Azure's quarterly revenue in dollars.