Microsoft disclosed for the first time that its Azure cloud service generated $33.2 billion in revenue in Q3, a 48% increase year-over-year. This puts Azure slightly ahead of Google Cloud's $30.7 billion revenue for the same period, though Google Cloud's revenue growth rate was roughly double Azure's. Azure now accounts for about 36% of Microsoft's total $92.3 billion quarterly revenue and is the company's fastest-growing product line. This transparency allows investors to better compare Azure's performance with competitors like Amazon Web Services and Google Cloud as the cloud market race intensifies.
As of Oct 29, 2026 05:01 WIB, Microsoft shares on Pluang are priced at USD 560.00, up 5.40% for the day, reflecting strong investor interest possibly linked to Azure's robust revenue disclosure. In contrast, Alphabet (Google) shares are down 9.44% at USD 290.32, despite Google Cloud's faster revenue growth rate. Microsoft’s market cap stands at $3.95 trillion, slightly above Alphabet’s $3.90 trillion, highlighting the competitive cloud market landscape.
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