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