Microsoft announced on Wednesday that it generated $92.3 billion in revenue for the quarter, up 19% from the same period last year, marking the company's tenth consecutive quarter of record revenue.
The tech giant also posted a net income of $36.6 billion, a 32% rise on a GAAP basis compared with the year-ago quarter.
Microsoft said the surge was driven largely by its cloud segment, which delivered $63.9 billion in revenue, 30% higher than a year earlier.
The firm now reports its results in two primary segments: Agents and Infra, and Devices and Consumer. Revenue in Devices and Consumer fell to $15.5 billion, down 3%, with Windows OEM and devices revenue slipping 22% from a year earlier.
While not all cloud earnings stem from AI, Microsoft 365 contributed nearly $28 billion and Azure accounted for $33.2 billion. Azure hosts a mix of traditional software and SaaS workloads for enterprises.
AI-related income was significant, with $10 billion coming from OpenAI services that continue to run largely on Microsoft's cloud, alongside Anthropic on Azure.
The company noted its commercial remaining performance obligation grew 73% to $677 billion, reflecting future revenue pledged under existing AI lab contracts.
Capital spending also reached a new high, topping $45.2 billion for the quarter.
