Microsoft to start disclosing Azure quarterly revenue as company consolidates business units

Microsoft will begin disclosing quarterly Azure revenue in dollar terms for the first time, ending years of opacity around one of its most closely watched business units. The change comes as the company consolidates its reporting structure and follows sustained investor pressure for greater transparency into Azure's performance relative to Amazon Web Services.

Until now, Microsoft has reported only Azure's revenue growth rate on a percentage basis, forcing analysts to estimate actual dollar figures. The new disclosure will give traders direct visibility into the scale of the cloud platform that has been central to Microsoft's artificial intelligence strategy and overall growth narrative.

The shift arrives as cloud infrastructure competition intensifies and as Microsoft integrates AI capabilities across Azure services. Investors have long sought apples-to-apples comparisons between Azure and AWS, which Amazon already breaks out in detailed financial statements each quarter.

The company announced the reporting change alongside a broader business unit consolidation, signaling potential structural shifts in how it presents financial results going forward.