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Azure Revenue and Disclosed YoY Growth

Azure Revenue and Disclosed YoY Growth#

Azure grew 42% in 2Q26 on the new definition. Dark bars are Microsoft's restated actuals, light bars are back-cast estimates.Draft, pending review

How to read this chart

Dark bars are Microsoft's restated actuals from 3Q24 on the new definition; light bars are estimates back-cast from those actuals. The YoY line is the growth rate the company disclosed each quarter: 2Q26 uses the new definition (42%, versus 43% on the old one), and other quarters round to the same number either way.

Source: Company filings and earnings calls; FinSight compilation and estimates · Updated 2026-09-03