Microsoft posts $92.3B quarterly revenue — 10th consecutive record quarter
Microsoft reported quarterly revenue of $92.3 billion, a 19% year-over-year increase, marking its 10th consecutive record-breaking quarter; GAAP net income was $36.6 billion (up 32%). Microsoft Cloud revenue was $63.9 billion (up 30%), Azure revenue was $33.2 billion, Microsoft said it recognized $10 billion in revenue from OpenAI, and its commercial remaining performance obligation rose 73% to $677 billion; the company reorganized reporting into "Agents and Infra" and "Devices and Consumer," with Devices and Consumer revenue down 3% to $15.5 billion and Windows OEM down 22%.