HomeThree Public Clouds: Revenue and YoY Growth
Three Public Clouds: Quarterly Revenue ($B)
Three Public Clouds: Quarterly Revenue ($B)#
All three public clouds are still accelerating: AWS tops $40B a quarter, and restated Azure is closing in on $30B.Draft, pending review
How to read this chart
Azure from 3Q24 to 2Q26 is Microsoft's restated actual figure on the new definition (excluding GitHub, developer services, Security Copilot and healthcare cloud). Earlier quarters are estimates, back-cast from the 3Q24 anchor using the growth rates the company disclosed at the time, and drawn dashed.
Source: Company filings and earnings calls; FinSight compilation and estimates · Updated 2026-09-03
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