Microsoft (MSFT) reported significant growth in its Azure platform in the fourth quarter of fiscal 2025, with cloud revenues rising 27% year-over-year to $46.7 billion, driven primarily by Azure’s 39% increase. The overall fourth-quarter revenues reached $76.4 billion, an 18% year-over-year increase, with Azure’s annual revenues surpassing $75 billion.
The company is heavily investing in scaling operations, with capital expenditures hitting $24.2 billion in the latest quarter and expected to climb to $30 billion in Q1 of fiscal 2026, potentially reaching $120 billion annually. Microsoft currently operates over 400 data centers across nearly 70 regions.
Comparatively, Amazon Web Services (AWS) leads the cloud market with 30-32% market share, while Google Cloud reported second-quarter revenues of $13.62 billion, growing 31.7% year-over-year, and tops a $50 billion annual run rate.
