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Microsoft Vs. Google Vs. AWS: Q3 2023 Cloud Earnings Face-Off

Mark Haranas

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.

Operating Income

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.

 

 
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.

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