Microsoft reports record quarterly revenue of US$92.3 billion, led by Azure

Azure revenue

33.2 US$ billion, up 48%

Azure brought in US$33.2 billion in the July–September quarter, up 48 per cent from a year earlier. Microsoft had never before disclosed the figure in dollars.

Microsoft recorded US$10 billion in revenue from OpenAI in the quarter, nearly 11 per cent of its total, according to a regulatory filing.

Azure came in slightly ahead of Google Cloud, which reported US$30.7 billion for the same quarter.

Capital spending

45.2 US$ billion, a record

Capital spending topped US$45.2 billion, a quarterly record, as Microsoft prepares to deliver on its cloud commitments.