---
title: "AWS vs Microsoft Azure Statistics 2026: Revenue, Growth and Share"
date: 2026-11-06
author: "Supriya Gharat"
featured_image: "https://xtendedview.com/wp-content/uploads/2026/10/aws-vs-microsoft-azure-statistics-revenue-growth-share-1.jpg"
categories:
  - name: "Technology"
    url: "/category/technology.md"
tags:
  - name: "Statistics"
    url: "/tag/statistics.md"
---

# AWS vs Microsoft Azure Statistics 2026: Revenue, Growth and Share

Amazon Web Services (AWS) segment sales increased **37%** year-over-year to **$42.2 billion** in the second quarter ended June 30, 2026. Microsoft’s Azure and other cloud services revenue increased **43%** in the same quarter. AWS remained the leader in the global cloud infrastructure market in Q4 2025 with a **32%** market share, and Microsoft Azure remained the second-largest provider with a **22%** market share, according to Omdia. These AWS vs Microsoft Azure statistics pair company filings with analyst estimates.

Azure grows faster and AWS books more revenue, a contrast clearest over one shared window. AWS posted **$148.4 billion** in trailing-twelve-month net sales at Q2 2026, against **$137.8 billion** in Intelligent Cloud revenue for Microsoft’s twelve months ended June 30, 2026. Intelligent Cloud is wider than Azure alone, so each comparison below names its Microsoft line.

## Key Takeaways

- Microsoft’s Intelligent Cloud segment reported **$137.8 billion** in revenue for the twelve months ended June 30, 2026, while AWS posted **$148.4 billion** in trailing-twelve-month net sales at Q2 2026.
- Azure’s growth lead over AWS narrowed to **6** points in the quarter ended June 30, 2026, down from **20** points in the quarter ended September 30, 2025.
- AWS held a **32%** share of the global cloud infrastructure market in Q3 and Q4 2025, and Microsoft Azure held **22%**, according to Omdia.
- Intelligent Cloud earned an operating margin of **41.3%** in the twelve months ended June 30, 2026, against AWS’s trailing-twelve-month operating margin of **36.8%** at Q2 2026.
- Azure revenue surpassed **$100 billion** for the first time in fiscal 2026, after Azure surpassed **$75 billion** in revenue in fiscal 2025, up **34%**.
- For contracts with original terms that exceed one year, Amazon’s commitments not yet recognized, primarily related to AWS, were approximately **$496 billion** as of June 30, 2026, while Microsoft’s commercial remaining performance obligation increased **84%** to **$678 billion** in fiscal 2026.

## Editor’s Choice

- AWS quarterly segment sales: **$42.2 billion** in the second quarter ended June 30, 2026.
- AWS annualized revenue run rate: **$169 billion** in the second quarter ended June 30, 2026.
- Intelligent Cloud quarterly revenue: **$39.3 billion** in the quarter ended June 30, 2026, up **32%**.
- Microsoft Cloud revenue: **$214.4 billion** in fiscal year 2026, up **27%**.
- AWS Availability Zones: **124** within **39** geographic regions.
- Amazon capex, trailing twelve months, company-wide: **$169.0 billion** in purchases of property and equipment, net, at Q2 2026.

## AWS vs Microsoft Azure Statistics: Revenue and Operating Income

- AWS segment sales increased **37%** year-over-year to **$42.2 billion** in the second quarter ended June 30, 2026, its fastest growth in **18** quarters, per [Amazon’s second-quarter results](https://ir.aboutamazon.com/news-release/news-release-details/2026/Amazon-com-Announces-Second-Quarter-Results).
- Revenue in Intelligent Cloud was **$39.3 billion** in the quarter ended June 30, 2026 and increased **32%**, according to Microsoft’s fiscal fourth-quarter release.
- AWS net sales totaled **$148.4 billion** over the trailing twelve months at Q2 2026, up **28%**.
- Intelligent Cloud revenue reached **$137.8 billion** in the twelve months ended June 30, 2026, up from **$106.3 billion** a year earlier.
- [Microsoft Cloud revenue](/microsoft-statistics/) increased **27%** to **$214.4 billion** in fiscal year 2026, a company-wide measure broader than Intelligent Cloud.
- [Amazon’s consolidated net sales](/amazon-statistics/) increased **20%** to **$200.6 billion** in the second quarter ended June 30, 2026.

| Metric | AWS | Microsoft Intelligent Cloud |
|---|---|---|
| Revenue, quarter ended June 30, 2026 | $42,232 million | $39,306 million |
| Revenue growth, quarter ended June 30, 2026 | 37% | 32% |
| Operating income, quarter ended June 30, 2026 | $16,621 million | $15,955 million |
| Revenue, 12 months ended June 30, 2026 | $148,404 million | $137,791 million |
| Operating income, 12 months ended June 30, 2026 | $54,681 million | $56,972 million |

*Source: Amazon.com Q2 2026 results, Microsoft fiscal 2026 fourth-quarter results*

### What is Amazon’s cloud computing revenue?

AWS segment sales were **$42.2 billion** in the second quarter ended June 30, 2026, a **$169 billion** annualized revenue run rate. Over the trailing twelve months at Q2 2026, AWS net sales totaled **$148.4 billion**. AWS segment operating income was **$16.6 billion** in the quarter, compared with **$10.2 billion** a year earlier.

Microsoft’s quarterly releases give Azure a growth rate rather than a dollar figure, so the dollar comparisons use Intelligent Cloud.

### About This Data

Compiled from 15 sources: 9 company filings and earnings releases from Amazon and Microsoft, 2 company infrastructure pages from AWS and Microsoft Azure, and 4 analyst press releases from Omdia and Gartner. Publication dates run from June 2025 to October 2026. Only company disclosures and named analyst releases qualified. Figures are reviewed on a rolling basis and updated when the companies or analysts publish new editions.

## AWS vs Azure Growth Rate by Quarter

- Azure and other cloud services revenue increased **43%** in the quarter ended June 30, 2026, against AWS net sales growth of **37%** excluding foreign exchange in Q2 2026.
- Azure and other cloud services revenue increased **40%** (up **39%** in constant currency) in the quarter ended September 30, 2025, when AWS net sales grew **20%** excluding foreign exchange in Q3 2025.
- Azure’s growth lead stood at **20** points in Q3 2025 and narrowed to **6** points in Q2 2026.
- AWS net sales growth excluding foreign exchange rose from **17%** in Q2 2025 to **37%** in Q2 2026.
- Azure and other cloud services revenue grew **39%** in the quarter ended June 30, 2025, so the gap a year earlier was **22** points.

 Source: Amazon.com Q2 2026 results, Microsoft fiscal 2025 and 2026 quarterly results      Amazon.com · Q2 2026 AWS vs Azure Revenue Growth by Quarter (%)            50 40 30 20 10 0               Azure growth (%): 43 AWS growth (%): 37    Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026     SOURCE Amazon.com Q2 2026 results, Microsoft fiscal 2025 and 2026 quarterly results    View the data| Calendar quarter | AWS growth (%) | Azure growth (%) |
|---|---|---|
| Q2 2025 | 17 | 39 |
| Q3 2025 | 20 | 40 |
| Q4 2025 | 24 | 39 |
| Q1 2026 | 28 | 40 |
| Q2 2026 | 37 | 43 |







Amazon’s series strips out currency moves while Microsoft’s headline Azure rate is as reported, so a one-point gap either way sits inside the difference in method. Faster growth has not yet changed the order of the market.

## Recent Developments

- **July 29, 2026:** Microsoft said Azure revenue surpassed **$100 billion** for the first time in fiscal 2026.
- **July 29, 2026:** Microsoft’s commercial remaining performance obligation increased **84%** to **$678 billion** at the close of its fiscal year.
- **July 30, 2026:** Amazon reported AWS net sales growth of **37%**, its fastest in **18** quarters, at a **$169 billion** annualized revenue run rate.
- **Q2 2026:** AWS and Anthropic expanded their existing multi-year commitment by more than **$100.0 billion** over **10.0** years, according to [Amazon’s Form 10-Q](https://www.sec.gov/Archives/edgar/data/1018724/000101872426000026/amzn-20260630.htm).
- **As listed in October 2026:** The AWS Cloud spans **124** Availability Zones within **39** Geographic Regions, with announced plans for **7** more Availability Zones and **2** more AWS Regions in the Kingdom of Saudi Arabia and Chile, per AWS’s infrastructure page.

## AWS vs Azure Market Share

- AWS led the global cloud infrastructure market in Q4 2025 with a **32%** market share and **24%** year-over-year revenue growth.
- Microsoft Azure remained the world’s second-largest cloud service provider in Q4 2025, with a **22%** market share and year-on-year revenue growth of **39%**.
- Microsoft Azure delivered year-over-year growth of **33%** in Q1 2025, when it remained the second-largest cloud provider.
- AWS, Microsoft Azure and Google Cloud together accounted for **66%** of global cloud infrastructure spending in Q3 2025.
- [Google Cloud](/google-cloud-platform-statistics/) delivered year-on-year growth of **50%** in Q4 2025 and expanded its market share to **12%**.

 Source: Omdia, Q1, Q3 and Q4 2025 releases       Omdia · Q4 2025 AWS vs Azure Cloud Infrastructure Share (%)    AWS share (%)  Azure share (%)         32 24 16 8 0   32%  23%  32%  22%  32%  22%   Q1 2025 Q3 2025 Q4 2025  AWS share (%) · 32% Azure share (%) · 23% AWS share (%) · 32% Azure share (%) · 22% AWS share (%) · 32% Azure share (%) · 22%    SOURCE Omdia, Q1, Q3 and Q4 2025 releases    View the data| Quarter | AWS share (%) | Azure share (%) |
|---|---|---|
| Q1 2025 | 32 | 23 |
| Q3 2025 | 32 | 22 |
| Q4 2025 | 32 | 22 |







A larger revenue base needs less growth to hold its dollar lead, and share only means something against the size of the market it divides.

## Cloud Infrastructure Spending Statistics

- Global spending on cloud infrastructure services reached **$110.9 billion** in Q4 2025, reflecting year-on-year growth of **29%**, according to Omdia.
- Q4 2025 marked the sixth consecutive quarter in which the market expanded by more than **20%**.
- Spending grew **25%** year on year in Q3 2025, the fifth consecutive quarter in which growth in spending on cloud infrastructure services remained above **20%**. Infrastructure services are one slice of the [wider cloud computing market](/cloud-computing-statistics/).
- Quarterly spending rose **22.0%** between Q1 2025 and Q4 2025.

 SPENDING · Source: Omdia, Q1, Q3 and Q4 2025 releases     SPENDING  Omdia · Q4 2025 Global Cloud Infrastructure Spending ($ billions)          120 90 60 30 0   $90.9B Q1 2025  $102.6B Q3 2025  $110.9B Q4 2025     SOURCE Omdia, Q1, Q3 and Q4 2025 releases    View the data| Quarter | Spending ($ billions) |
|---|---|
| Q1 2025 | 90.9 |
| Q3 2025 | 102.6 |
| Q4 2025 | 110.9 |





Gartner’s annual IaaS figures give a longer view.

## AWS vs Azure vs Google Cloud IaaS Market Share 2024

- The worldwide infrastructure as a service (IaaS) market grew **22.5%** in 2024, reaching **$171.8 billion**, according to Gartner.
- Amazon continued to lead the worldwide IaaS market with revenue of **$64.8 billion** and **37.7%** market share.
- Microsoft followed with **23.9%** market share in 2024, up from **23.0%** in 2023.
- Microsoft’s IaaS revenue grew **27.6%** from 2023 to 2024, against **18.6%** for Amazon.

 2024 MARKET SHARE · Source: Gartner, August 2025      2024 MARKET SHARE  Gartner · 2025 Worldwide IaaS Market Share by Provider (%)         37.7% AMAZON    Amazon 37.7%    Microsoft 23.9%    Google 9.0%    Alibaba Group 7.2%    Huawei 4.1%    Others 17.9%      SOURCE Gartner, August 2025    View the data| Provider | 2024 market share (%) |
|---|---|
| Amazon | 37.7 |
| Microsoft | 23.9 |
| Google | 9.0 |
| Alibaba Group | 7.2 |
| Huawei | 4.1 |
| Others | 17.9 |





### Who are the 5 biggest cloud providers in the world?

Amazon retained the No. 1 position in the IaaS market in 2024, followed by Microsoft, Google, Alibaba and Huawei, by Gartner’s count. In 2024, the top five IaaS providers accounted for **82.1%** of the market. Gartner’s 2024 figures are over a year old and cover IaaS only, so they do not compare directly with Omdia’s shares.

Analyst shares are estimates. The companies’ own annual filings show the totals.

## AWS vs Azure Annual Revenue

- AWS net sales reached **$128.7 billion** on a trailing-twelve-month basis at Q4 2025, the full calendar year.
- AWS net sales grew **41.8%** from 2023 to 2025.
- AWS operating income rose from **$24.6 billion** in 2023 to **$45.6 billion** in 2025.
- Microsoft’s [Azure revenue](/microsoft-azure-statistics/) surpassed **$100 billion** for the first time in fiscal 2026.

 AWS NET SALES · Source: Amazon.com Form 10-K for fiscal year 2025     AWS NET SALES  Amazon.com · 2025 AWS Annual Net Sales ($ millions)          150,000 112,500 75,000 37,500 0   $90,757M 2023  $107,556M 2024  $128,725M 2025     SOURCE Amazon.com Form 10-K for fiscal year 2025    View the data| Year | AWS net sales ($ millions) |
|---|---|
| 2023 | 90,757 |
| 2024 | 107,556 |
| 2025 | 128,725 |





Amazon reports AWS on calendar years and Microsoft on fiscal years that close mid-year, so read the two series below as trends, not matched pairs.

- Server products and cloud services revenue increased **$31.0 billion** or **31%** in fiscal 2026, driven by Azure and other cloud services.
- Azure and other cloud services revenue grew **41%** in fiscal 2026.
- Azure surpassed **$75 billion** in revenue in fiscal 2025, up **34%**.
- Server products and cloud services revenue was **$129.4 billion** in fiscal 2026.

 SERVER PRODUCTS AND CLOUD · Server products and cloud services · Source: Microsoft Form 10-K for fiscal year 2026     SERVER PRODUCTS AND CLOUD  Microsoft · 2026 Microsoft Server and Cloud Revenue ($ millions) Server products and cloud services          150,000 112,500 75,000 37,500 0   $79,828M FY2024  $98,435M FY2025  $129,425M FY2026     SOURCE Microsoft Form 10-K for fiscal year 2026    View the data| Fiscal year (ends June 30) | Server products and cloud services ($ millions) |
|---|---|
| FY2024 | 79,828 |
| FY2025 | 98,435 |
| FY2026 | 129,425 |





Revenue shows scale. Operating income shows what each cloud keeps.

## AWS vs Azure Operating Margin

- AWS operating margin was **39.4%** of AWS net sales in Q2 2026, up from **32.9%** in Q2 2025.
- AWS’s trailing-twelve-month operating margin stood at **36.8%** at Q2 2026.
- Intelligent Cloud operating income was **$16.0 billion** on revenue of **$39.3 billion** in the three months ended June 30, 2026, an operating margin of **40.6%**.
- Intelligent Cloud operating income rose to **$57.0 billion** in the twelve months ended June 30, 2026, from **$44.6 billion** a year earlier, an operating margin of **41.3%**.

 AWS OPERATING MARGIN · Source: Amazon.com Q2 2026 supplemental financial information     AWS OPERATING MARGIN  Amazon.com · Q2 2026 AWS Operating Margin by Quarter (%)          40 30 20 10 0   39.5% Q1 2025  32.9% Q2 2025  34.6% Q3 2025  35.0% Q4 2025  37.7% Q1 2026  39.4% Q2 2026     SOURCE Amazon.com Q2 2026 supplemental financial information    View the data| Quarter | AWS operating margin (%) |
|---|---|
| Q1 2025 | 39.5 |
| Q2 2025 | 32.9 |
| Q3 2025 | 34.6 |
| Q4 2025 | 35.0 |
| Q1 2026 | 37.7 |
| Q2 2026 | 39.4 |





> **By the numbers:** AWS earned **$54.7 billion** in operating income over the trailing twelve months at Q2 2026, a **36.8%** margin on AWS net sales. Microsoft’s Intelligent Cloud earned **$57.0 billion** in operating income in the twelve months ended June 30, 2026. Intelligent Cloud also carries server licenses, so its margin is not an Azure-only margin.

Both companies are reinvesting that profit at a pace the filings make visible.

## AWS vs Microsoft Cloud Capex

- Amazon’s purchases of property and equipment, net of proceeds from sales and incentives, reached **$169.0 billion** over the trailing twelve months at Q2 2026, up **64%**.
- Free cash flow decreased to an outflow of **$7.6 billion** for the trailing twelve months, and Amazon said the higher spending primarily reflects investments in artificial intelligence.
- Microsoft’s additions to property and equipment were **$115.9 billion** in the twelve months ended June 30, 2026.
- Microsoft’s additions to property and equipment were **$35.8 billion** in the three months ended June 30, 2026, against **$17.1 billion** a year earlier.
- Omdia reported that AWS expects capital expenditure to reach **$200 billion** in 2026, more than **50%** above the nearly **$132 billion** recorded in 2025.

 Source: Amazon.com Q2 2026 supplemental financial information, Microsoft fiscal 2026 fourth-quarter cash flows statement       Amazon.com · Q2 2026 Amazon vs Microsoft 12-Month Capex ($ millions)    Amazon  Microsoft          200,000 160,000 120,000 80,000 40,000 0   102,953  64,551  169,007  115,948   2025 2026  Amazon · 102,953 Microsoft · 64,551 Amazon · 169,007 Microsoft · 115,948    SOURCE Amazon.com Q2 2026 supplemental financial information, Microsoft fiscal 2026 fourth-quarter cash flows statement    View the data| 12 months ended June 30 | Amazon ($ millions) | Microsoft ($ millions) |
|---|---|---|
| 2025 | 102,953 | 64,551 |
| 2026 | 169,007 | 115,948 |







> **Worth noting:** Amazon’s free cash flow outflow was driven primarily by a year-over-year increase of **$66.1 billion** in purchases of property and equipment, a company-wide figure rather than an AWS-only one. Omdia cites Microsoft quarterly capital expenditure of **$37.5 billion**, a different basis from the cash-flow line in the table.

The spending is aimed at AI, and both companies now report what AI earns.

## AWS vs Azure AI Revenue Run Rate

- AWS’s AI business exceeded a **$25 billion** annual revenue run rate in Q2 2026, with triple-digit year-over-year growth.
- Within Microsoft’s [Copilot business](/microsoft-copilot-statistics/), Microsoft 365 Copilot reached over **30 million** paid seats in fiscal 2026.
- On Amazon Bedrock, customers spent more in Q2 than all prior quarters combined, per Amazon’s Q2 2026 results.

| Company | AI metric | Figure | Growth | Period |
|---|---|---|---|---|
| Amazon | AWS AI business annual revenue run rate | Exceeded $25 billion | Triple-digit, year-over-year | Q2 2026 |
| Microsoft | AI business annual revenue run rate | Surpassed $37 billion | 123%, year-over-year | Quarter ended March 31, 2026 |
| Microsoft | Microsoft 365 Copilot paid seats | Over 30 million | Not stated | Fiscal 2026 |

*Source: Amazon.com Q2 2026 results, Microsoft fiscal 2026 third- and fourth-quarter results*

Amazon’s run rate covers AWS’s AI business, while Microsoft’s is company-wide and one quarter older. Contracted future revenue shows how much of that demand is already signed.

## AWS vs Azure Backlog and Contract Commitments

- For contracts with original terms that exceed one year, Amazon’s commitments not yet recognized, primarily related to AWS, were approximately **$496 billion** as of June 30, 2026.
- The weighted-average remaining life of Amazon’s long-term contracts is **6.4** years.
- In its [OpenAI commercial arrangement](/openai-statistics/), AWS expanded an existing **$38.0 billion** multi-year commitment by **$100.0 billion** over **8.0** years in Q1 2026.
- AWS ended Q4 2025 with a total backlog of **$244 billion**, according to Omdia.
- Microsoft’s commercial remaining performance obligation increased **84%** to **$678 billion** in its fiscal fourth quarter.

| Date | Measure | Amount | Basis |
|---|---|---|---|
| End of Q3 2025 | AWS total backlog | $200 billion | Reported by Omdia |
| End of Q4 2025 | AWS total backlog | $244 billion | Reported by Omdia |
| June 30, 2026 | Amazon commitments not yet recognized, primarily AWS | Approximately $496 billion | Amazon Form 10-Q, contracts over one year |
| June 30, 2026 | Microsoft commercial remaining performance obligation | $678 billion | Microsoft fiscal 2026, commercial, company-wide |

*Source: Omdia Q3 and Q4 2025 releases, Amazon.com Form 10-Q, Microsoft Form 10-K for fiscal year 2026*

> **Key finding:** Amazon’s Form 10-Q put commitments not yet recognized for contracts with original terms that exceed one year, primarily related to AWS, at approximately **$496 billion** as of June 30, 2026. That total sits alongside an Anthropic expansion of more than **$100.0 billion** over **10.0** years. Omdia’s quarterly AWS backlog figures come from a different disclosure, so they stay separate rows.

Serving that backlog depends on physical footprint.

## AWS vs Azure Regions and Availability Zones

- The AWS Cloud spans **124** Availability Zones within **39** geographic regions.
- AWS global infrastructure is built with three Availability Zones (AZs) per Region.
- AWS’s global network backbone uses nearly **20 million** kilometers of fiber optic cabling.
- Microsoft lists **80+** Azure regions and **500+** datacenters, and says Azure has more regions than any other cloud provider.

| Provider | Footprint measure | Count |
|---|---|---|
| AWS | Geographic Regions | 39 |
| AWS | Availability Zones | 124 |
| AWS | Announced additional Regions | 2 |
| AWS | Announced additional Availability Zones | 7 |
| AWS | North America Availability Zones | 31 |
| AWS | North America Geographic Regions | 9 |
| Microsoft Azure | Regions | 80+ |
| Microsoft Azure | Datacenters | 500+ |

*Source: AWS Global Infrastructure and Azure global infrastructure pages, October 2026*

### How is Azure different than AWS?

On footprint, the two companies count different units. AWS reports Availability Zones within Geographic Regions, with three Availability Zones per Region, while Microsoft reports **80+** Azure regions and **500+** datacenters. A region on one platform is not the same unit as a region on the other, so the counts are not a ranking.

Neither company publishes a total customer count in the sources cited here, but both disclose usage markers.

## AWS vs Azure Customer Statistics

- For Elastic Compute Cloud (EC2), Graviton is used by **98%** of the top **1,000** EC2 customers.
- Hundreds of thousands of customers now use Bedrock, and more customers were added in the last six months than in the first two years after launch.
- Azure AI Foundry now serves more than **80,000** customers, according to Omdia’s Q3 2025 release.

| Provider | Customer marker | Figure | Period |
|---|---|---|---|
| AWS | Top 1,000 EC2 customers using Graviton | 98% | Q2 2026 |
| AWS | Graviton revenue commitments, quarter-over-quarter | Increased nearly 3x | Q2 2026 |
| AWS | Bedrock customers | Hundreds of thousands | Q2 2026 |
| Microsoft Azure | Azure AI Foundry customers | More than 80,000 | Q3 2025 |
| Microsoft Azure | Models available on Azure AI Foundry | Over 11,000 | Q3 2025 |

*Source: Amazon.com Q2 2026 results, Omdia Q3 2025 release*

These markers measure adoption of specific services, not total customers, so they show where each platform is growing rather than which one has more users.

## Conclusion

AWS segment sales increased **37%** to **$42.2 billion** in the second quarter ended June 30, 2026, while Azure and other cloud services revenue increased **43%** in the same quarter. AWS remains the larger cloud business and Azure the faster-growing one, but the growth gap has narrowed as AWS reaccelerated.

The next filings will show whether that acceleration keeps closing the gap and how fast both backlogs turn into revenue. For anyone comparing the two platforms, the matched window and the scope label on each figure matter more than any single headline number.