Microsoft reported $90 billion in quarterly revenue, beating Wall Street expectations as Azure growth and paid Copilot seats increased. The results supplied new evidence that the company's heavy AI infrastructure spending is being accompanied by cloud and subscription growth. Microsoft reported $90 billion in April-through-June revenue, an 18% increase from the same quarter a year earlier.
The company earned $4.81 per share, compared with a FactSet analyst expectation of $4.24. Microsoft Cloud revenue reached $59.3 billion, up 27% year over year. Microsoft's fiscal year ended in June with $331.8 billion in total revenue.
Azure and other cloud-services revenue increased 43%. Chief Executive Satya Nadella said annual Azure revenue exceeded $100 billion and Microsoft 365 Copilot passed 30 million paid seats. The company is expanding its AI strategy across its own models, OpenAI-linked services and third-party systems.
Cloud revenue includes infrastructure and application services beyond generative AI, so Azure growth cannot be assigned entirely to AI.
The remaining evidentiary limit is specific: The company did not disclose profit for every AI product, and aggregate cloud results do not isolate the costs and revenue of individual models or Copilot offerings. The next records expected to change the factual picture are capital-spending and cloud-margin guidance for the new fiscal year and whether paid Copilot seats translate into sustained renewal and usage. Until those records appear, the attributed figures, filings and official descriptions remain the most current public account and may be revised by the institutions that produced them. Each figure refers to the date and scope identified above; it does not imply a later total or broader category. Subsequent orders, filings, datasets or official updates can revise those figures without changing the documented sequence of events at the cutoff.