Microsoft has never disclosed Azure's quarterly revenue in dollars. It has typically only shared a growth percentage or described revenue dollar milestones in vague ways. But on Wednesday, when it posted another record-breaking quarter, it reported that Azure brought in a healthy $33.2 billion in revenue for the July–September quarter, up 48% from a year earlier. The disclosure lets investors line up Azure's performance more directly against Amazon Web Services and Google Cloud, whose parent companies already report cloud revenue in dollars every quarter. Alphabet, which also reported earnings on Wednesday, said Google Cloud brought in $30.7 billion in the same quarter, putting Azure slightly ahead.
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