Quarterly Revenue at Microsoft Hits Record $92.3 Billion

Buzzline

Microsoft reported quarterly revenue of $92.3 billion on Wednesday, up 19% from a year earlier, according to TechCrunch. It marked the tenth straight quarter of record revenue, while net income reached $36.6 billion, up 32%. Microsoft Cloud brought in $63.9 billion, up 30%, and Azure produced $33.2 billion; Microsoft also reported $10 billion in revenue from OpenAI. Capital expenditures topped $45.2 billion, another quarterly record, in results reported Wednesday, October 28, with segment figures covering cloud, devices and capital spending.  Disclosure: This video contains stock footage and content created or enhanced using AI-assisted tools.

Transcript

00:00Microsoft just posted its 10th straight record-breaking revenue quarter.

00:04TechCrunch reports revenue hit $92.3 billion, up 19% from a year earlier.

00:09Net income reached $36.6 billion, up 32%.

00:13Microsoft Cloud brought in $63.9 billion, an increase of 30%.

00:18Azure alone produced $33.2 billion, and Microsoft 365 nearly $28 billion.

00:24Microsoft also reported $10 billion in revenue from OpenAI.

00:28Its commercial remaining performance obligation rose 73% to $677 billion.

00:34That represents future revenue committed under existing contracts.

00:38Capital spending topped $45.2 billion, another all-time quarterly record.

00:44Revenue in the devices and consumer segment fell 3% to $15.5 billion.

00:49Windows OEM and devices revenue dropped 22% from a year earlier.

00:54The company has reorganized its reporting into two segments, agents and infra and devices and consumer.

01:00Microsoft reported the results on Wednesday, October 28th.

01:04Disclosure.

01:04This video contains stock footage and content created or enhanced using AI-assisted tools.

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