Cloud News

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

Mark Haranas

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.

Parent Company Results; Growth Comparison

Amazon: $134.4 billion

Amazon increased revenue by 11 percent in second-quarter 2023 by generating total revenue of $134.4 billion compared with $121.2 billion in second-quarter 2022. AWS’ 12 percent sales growth year over year was on par with parent company Amazon’s growth rate.

Amazon generated operating income of $7.7 billion in second-quarter 2023, compared with $3.3 billion year over year. It’s key to note that Amazon’s North American market segment’s operating income increased the most, with operating income of $3.2 billion in the region compared with an operating loss of $600 million in second-quarter 2022.

Google/Alphabet: $74.6 billion

Google Cloud’s parent company, Alphabet, generated total revenue of $74.6 billion during the second quarter, representing a 7 percent increase year over year. Google Cloud increased revenue by 28 percent during the quarter, about four times faster than its parent company.

Alphabet reported operating income of $21.8 billion during the quarter, up from $19.4 billion year over year.

Microsoft: $56.2 billion

Microsoft reported total revenue of $56.2 billion for its fourth-quarter 2023, representing an increase of 8 percent year over year. Microsoft’s Intelligent Cloud group saw revenue growth of 15 percent year over year, nearly doubling Microsoft’s growth.

Microsoft reported total operating income of $24.3 billion, up 18 percent year over year.

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

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