Microsoft Vs. Google Vs. AWS: Q3 2023 Cloud Earnings Face-Off
CRN provides a head-to-head comparison of AWS, Google Cloud and Microsoft’s cloud revenue, sales growth, market share and more based off recent Q3 2023 earnings results.
Microsoft: $11.7 Billion
AWS: $7 Billion
Google Cloud: $266 Million
AWS’ operating income grew by approximately 30 percent year over as the cloud company generated $7 billion in operating income, compared to $5.4 billion in Q3 2022.
Microsoft’s Intelligent Cloud business reported operating income of $11.7 billion for Q1 2024, up from roughly $9 billion in Q1 2023. This represents a year over year increase of 30 percent.
Google Cloud’s operating income was $266 million for the third quarter, up from a loss of $440 million year over year. The quarter represented the third time in a row Google Cloud reported a profit.