Microsoft has never disclosed Azure's quarterly revenue in dollars. But for the first time, we can see just how close it is getting to besting the biggest competitor in the market, AWS
Microsoft has disclosed Azure's actual revenue in dollars for the first time, reporting a total of $33.2 billion. Previously, Microsoft had never revealed Azure's quarterly revenue in this format. This disclosure allows for a clear view of how close Azure is to rivaling AWS, the biggest competitor in the market.
Why it matters: Disclosing Azure's actual revenue in dollars provides unprecedented transparency into its financial standing relative to its biggest market competitor, AWS.
Microsoft has never disclosed Azure's quarterly revenue in dollars. It has typically only shared a growth percentage or described revenue dollar milestones in vague ways. But on Wednesday, when it posted another record-breaking quarter , it reported that Azure brought in a healthy $33.2 billion in revenue for the July-September quarter, up 48% from a year earlier
The disclosure lets investors line up Azure's performance more directly against Amazon Web Services and Google Cloud, whose parent companies already report cloud revenue in dollars every quarter
