Azure’s performance places Microsoft firmly behind Amazon Web Services, which remains the global leader in cloud infrastructure with annual revenue exceeding $111 billion. However, Azure’s growth rate.
What just happened? Microsoft’s Azure division has disclosed that it generated over $75 billion in revenue during its 2025 fiscal year, a milestone that offers fresh insight into the scale and momentum of the company’s core cloud business. The figure represents an annual growth rate of 34 percent for Azure, underscoring how Microsoft’s continued investment in cloud and artificial intelligence infrastructure is accelerating its transformation into a formidable challenger in the highly competitive cloud market.
Azure’s performance places Microsoft firmly behind Amazon Web Services, which remains the global leader in cloud infrastructure with annual revenue exceeding $111 billion. However, Azure’s growth rate outpaces that of several top competitors, reinforcing Microsoft’s position as a serious rival and highlighting its increased focus on enterprise-centric AI and cloud solutions.
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USA — software Microsoft's Azure revenue tops $75 billion as AI demand accelerates