Microsoft reports Azure growth and 30 million paid Copilot seats

Microsoft reported quarterly revenue of US$90.0 billion. Azure and other cloud-services revenue grew 43%; annual Azure revenue exceeded US$100 billion for the first time; and Microsoft 365 Copilot passed 30 million paid seats. Microsoft Cloud revenue reached US$59.3 billion, up 27% year on year. a report separately reported a strong Azure outlook and continued heavy infrastructure spending.

Why it matters: Enterprise AI demand is translating into material cloud and seat revenue, but capacity, model-routing economics and capital intensity remain central architecture and investment questions.

Microsoft · a report