Daily Market Updates: Microsoft tops Q4 cloud expectations as Azure revenue exceeds $100B

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Microsoft tops Q4 cloud expectations as Azure revenue exceeds $100B

The company said its cloud backlog rose 8% quarter over quarter, driven largely by customers beyond major AI-focused firms.

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Microsoft reported quarterly results that beat expectations for its cloud business, with full-year Azure revenue topping $100 billion, according to CNBC Markets and CNBC Earnings.

In the same update, Microsoft said its cloud backlog increased 8% from the prior quarter, attributing the rise largely to contributions from customers other than large artificial intelligence companies.

CNBC World also highlighted the backlog gain as a key factor behind the cloud beat, pointing to broader customer participation in Azure demand rather than concentration in just a few major AI players.

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Sources

CNBC MarketsMicrosoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion

CNBC WorldMicrosoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion

CNBC EarningsMicrosoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion

Earnings

Microsoft tops Q4 cloud expectations as Azure revenue exceeds $100B

More like this

Sources

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