Microsoft quarterly revenue streak reaches 10 at $92.3bn
Microsoft quarterly revenue came with net income of $36.6 billion as Cloud hit $63.9 billion; Devices and Consumer sales fell 3% while capital spending set a quarterly high.
Microsoft reported $92.3 billion in quarterly revenue, up 19% from a year earlier, its 10th straight revenue record.
Net income reached $36.6 billion, up 32% on a GAAP basis.
Microsoft Cloud revenue was $63.9 billion, up 30%; Azure brought in $33.2 billion and Microsoft 365 nearly $28 billion.
Microsoft reported $10 billion in revenue from OpenAI; commercial remaining performance obligation rose 73% to $677 billion.
Capital expenditures hit a record $45.2 billion; Devices and Consumer revenue fell 3% to $15.5 billion, with Windows OEM and devices down 22%.