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techcrunch ai · October 28, 2026

Microsoft's $10B OpenAI revenue drives 10 quarters of record-breaking growth

microsoft reported $92.3b in quarterly revenue, up 19%, driven by $10b from openai and $33.2b from azure, signaling ai's impact on big tech.

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microsoft reported $92.3b in quarterly revenue, a 19% increase, marking 10 consecutive quarters of record-breaking growth. the company's cloud segment, including azure and microsoft 365, drove the revenue, with $10b from openai and $33.2b from azure. net income reached $36.6b, a 32% increase. microsoft's capital expenditures topped $45.2b, another all-time quarterly record, as the company prepares to deliver on ai-related commitments. this growth signals ai's significant impact on big tech, with microsoft's commercial remaining performance obligation increasing 73% to $677b.

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