HomeStory vs Numbers: What the Market Focused On
Cloud Operating Margin (Highlight = Selected Quarter)
Cloud Operating Margin (Highlight = Selected Quarter)#
Cloud operating margins in one frame: AWS and Microsoft Intelligent Cloud at 35% to 40%, Google Cloud up to 36%.Draft, pending review
Source: FinSight compilation and estimates · Updated 2026-09-03
↩ This chart lives on the paged4-narrative-csp-03
