Microsoft just shared Azure’s actual revenue in dollars: $33.2 billion

Microsoft has never disclosed Azure’s quarterly revenue in dollars. It has typically only shared a growth percentage or described revenue dollar milestones in vague ways. But on Wednesday, when it posted another record-breaking quarter, it reported that Azure brought in a healthy $33.2 billion in revenue for the July-September quarter, up 48% from a year earlier.

微软此前从未以美元金额披露过 Azure 的季度营收。它通常只分享增长百分比，或以模糊的方式描述营收里程碑。但在周三发布又一个创纪录的季度财报时，微软报告称，Azure 在 7 月至 9 月的季度中实现了 332 亿美元的稳健营收，较去年同期增长了 48%。

The disclosure lets investors line up Azure’s performance more directly against Amazon Web Services and Google Cloud, whose parent companies already report cloud revenue in dollars every quarter. Alphabet, which also reported earnings on Wednesday, said Google Cloud brought in $30.7 billion in the same quarter, putting Azure slightly ahead.

这一披露让投资者能够更直接地将 Azure 的业绩与亚马逊云科技（AWS）和谷歌云进行对比，后两者的母公司每季度都会以美元报告云业务营收。同样在周三发布财报的 Alphabet 表示，谷歌云在同一季度的营收为 307 亿美元，这意味着 Azure 略微领先。

But Google Cloud, which also includes Google’s Workspace subscriptions, roughly doubled its revenue from a year earlier, growing about twice as fast as Azure, according to TechCrunch’s calculations. Azure, where businesses rent computing power to run applications, SaaS, and to build and run AI models, is now Microsoft’s largest and fastest-growing product line by the company’s own figures.

但根据 TechCrunch 的计算，谷歌云（其中包括 Google Workspace 订阅）的营收较去年同期增长了约一倍，增速约为 Azure 的两倍。根据微软自己的数据，Azure（企业在此租用计算能力来运行应用程序、SaaS 以及构建和运行 AI 模型）目前是微软规模最大且增长最快的产品线。

It accounted for roughly 36% of Microsoft’s $92.3 billion in quarterly revenue. Azure’s revenue was also about $850 million more than the $32.3 billion analysts expected. Azure’s 48% growth rate also topped the 44% to 45% that Microsoft CFO Amy Hood forecast on the company’s July earnings call.

它约占微软 923 亿美元季度营收的 36%。Azure 的营收也比分析师预期的 323 亿美元高出约 8.5 亿美元。Azure 48% 的增长率也超过了微软首席财务官 Amy Hood 在 7 月份财报电话会议上预测的 44% 至 45%。

Azure sits inside Agents and Infra, one of two new business segments Microsoft introduced this quarter. Microsoft previously reported three segments, Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The new Agents and Infra segment, which groups Azure with Microsoft 365’s cloud business, brought in $76.8 billion, up 25% from a year earlier.

Azure 被归入“代理与基础设施”（Agents and Infra）部门，这是微软本季度推出的两个新业务部门之一。微软此前报告的三个部门分别是：生产力与业务流程、智能云以及更多个人计算。新的“代理与基础设施”部门将 Azure 与 Microsoft 365 的云业务合并，营收达到 768 亿美元，较去年同期增长 25%。

Amazon reports its earnings on Thursday. Analysts also expect its cloud, Amazon Web Services, to grow. It’s been the largest cloud since the beginning of time and no one expects Microsoft to best it right now. But with all of them reporting actual dollars, the race is on.

亚马逊将于周四发布财报。分析师也预计其云业务亚马逊云科技（AWS）将会增长。自云服务诞生以来，它一直是规模最大的云平台，目前没人指望微软能立即超越它。但随着所有公司都开始报告实际美元金额，竞争已经全面展开。