Amazon Vs. Microsoft Vs. Google: Cloud Earnings Faceoff
Here’s a breakdown of AWS, Microsoft and Google Cloud’s recent earnings results comparing revenue totals, cloud growth, operating income, and global market share.
The three largest cloud providers on the planet have each reported their financial results for the final three months of 2022, as CRN compares cloud revenue, sales growth, operating income, and total worldwide cloud market share for Amazon, Google and Microsoft.
Each of these three cloud titans shined in their own way during fourth quarter calendar year 2022, with Google witnessing the most cloud sales growth, Microsoft having the best operating income performance, and Amazon winning the most market share.
Amazon and Google reported their fourth quarter 2022 financial earnings results this month, while Microsoft also recently unveiled the results for its second fiscal quarter 2023. For all three tech giants, these quarterly numbers reflected earnings results for October through Dec. 31, 2022.
AWS, Google Cloud, Microsoft Azure
Amazon’s cloud business is Amazon Web Services (AWS), while Google’s cloud arm is Google Cloud. Microsoft still does not provide sales figures for its public cloud Azure business. Microsoft includes Azure revenue as part of its Intelligent Cloud segment.
In addition to Amazon, Google and Microsoft reporting their recent earnings, new cloud market share data for fourth quarter 2022 was released this week by IT market research firm Synergy Research Group.
Enterprise spending on cloud infrastructure services reached $61.6 billion in the fourth quarter of 2022, with AWS, Microsoft and Google leading the way, according to Synergy’s market data.
In aggregate, Amazon, Microsoft and Google accounted for 66 percent of the worldwide market. Synergy predicts that the cloud market will continue to grow strongly over the coming years.
CRN breaks down the three cloud leader’s latest earnings results by comparing total cloud revenue, cloud sales growth, operating income and global cloud market share.