Microsoft Corp. will begin reporting specific quarterly revenue metrics for its Azure cloud platform to provide greater transparency for investors.
Microsoft Corp. announced that it will begin reporting specific quarterly revenue figures for its Azure cloud platform, a move that addresses long-standing requests from investors for more precise data. Previously, the company provided percentage-based growth rates rather than exact sales revenue for the unit. In a financial filing, Microsoft Corp. provided historical data for the prior eight quarters, showing that Azure sales reached $29.4 billion in the quarter ending June 30. Total annual sales for the unit topped $100 billion during the most recent fiscal year, representing nearly 30% of total corporate revenues. The company is also reorganizing its core divisions into two primary reportable segments: Agents and Infra and Devices and Consumer. This new structure will take effect when the company reports its first-quarter earnings this fall. The realignment groups high-level growth areas like artificial intelligence-driven agents and cloud infrastructure together, while hardware and consumer-facing services are grouped into a single segment.
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