Microsoft Vs. AWS Vs. Google: Cloud Q2 Earnings Face-Off

August 04, 2023, 11:00 AM EDT

Here are the second-quarter 2023 earnings results from AWS, Google and Microsoft, comparing sales growth, revenue, operating income and new worldwide cloud market-share data.

Q2 Total Revenue/Annual Run Rate

AWS: $22.1 billion/$88 billion

Google Cloud: $8.03 billion/$32 billion

Microsoft: $24 billion/$96 billion

AWS captured total revenue of $22.1 billion in second-quarter 2023. The cloud computing pioneer now has an annual run rate of more than $88 billion.

Google Cloud generated total revenue of $8.03 billion in second-quarter 2023, besting Wall Street’s sales projection of approximately $7.8 billion. The company now has an annual run rate of approximately $32 billion, the largest in Google Cloud’s history.

Microsoft does not provide to the public its Azure sales figures. Instead, Microsoft combines Azure, server product and other cloud services revenue all under its Microsoft’s Intelligent Cloud umbrella. The company’s Intelligent Cloud group generated $24 billion in revenue during its fourth fiscal quarter 2023. This means Microsoft’s Intelligent Cloud group has an annual run rate of $96 billion.

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Mark Haranas

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at mharanas@thechannelcompany.com.