Microsoft significantly exceeded earnings expectations for the June quarter and disclosed its standalone annual Azure revenue for the first time — providing new clarity into how it stacks up against Amazon and Google in the cloud.

Azure's performance places Microsoft firmly behind Amazon Web Services, which remains the global leader in cloud infrastructure with annual revenue exceeding $111 billion. However, Azure's growth

Microsoft's Azure platform outperformed expectations with $75 billion in annual sales, thanks to strategic AI investments. The growth showcases Microsoft's strong position in the cloud market, despite competition from Amazon.