Microsoft hits 10 quarters of record-breaking revenue in a row

Microsoft reported quarterly revenue of $92.3 billion, a 19% year-over-year increase, marking its 10th consecutive quarter of record-breaking revenue. Net income reached $36.6 billion, up 32% on a GAAP basis, driven largely by Microsoft Cloud revenue of $63.9 billion, which grew 30%. The company has reorganized its reporting into two segments: Agents and Infra, and Devices and Consumer; the latter saw revenue decline 3% to $15.5 billion, with Windows OEM and devices revenue falling 22%. Cloud revenue includes Microsoft 365 at nearly $28 billion and Azure at $33.2 billion, with a significant portion from AI, including $10 billion from OpenAI. Commercial remaining performance obligation rose 73% to $677 billion, though capital expenditures also set a record at $45.2 billion.

(Source：TechCrunch)