Microsoft’s cloud business includes Azure and other cloud services, Office 365 Commercial, the commercial portion of LinkedIn, Dynamics 365, and other commercial cloud properties. It was formerly known as commercial cloud.
The total cloud revenue of Microsoft in 2023 reached $111.6 billion compared to $91.4 billion in the last fiscal. The company experienced around 22% growth in its total revenue from cloud technology. The total net revenue of the company in 2023 reached $211,915 million compared to $198,270 million in 2022.
In 2022, the total cloud revenue of Microsoft reached $91.4 billion which was a significant jump compared to the prior year. In 2021, the company had generated $69.1 billion from its cloud businesses. The company has enjoyed close to 32% growth in its cloud revenue in 2022 compared to 2021.
Microsoft Cloud Revenue 2014-2022
The following table shows the revenue of Microsoft from Microsoft Cloud (formerly commercial cloud) from 2014-2022. Sums are in billions.
| Year/Revenue | Commercial cloud ($billions) |
|---|---|
| 2023 | $111.6 |
| 2022 | $91.4 |
| 2021 | $69.1 |
| 2020 | $51.7 |
| 2019 | $38.1 |
| 2018 | $23.2 |
| 2017 | $14.9 |
| 2016 | $9.5 |
| 2015 | $5.8 |
| 2014 | $2.8 |
Microsoft’s Commercial cloud revenue, which mainly includes Microsoft Office 365 commercial, Microsoft Azure, Microsoft Dynamics 365, and other cloud properties, grew 56% to $23.2 billion in 2018. In the previous year year,it stood at 14.9 Billion dollars.
About Microsoft:
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