Microsoft will disclose quarterly Azure revenue beginning in fiscal 2027; its latest disclosed quarter generated $29.4 billion.

Microsoft said it will begin disclosing Azure’s quarterly revenue when it reports results under its fiscal 2027 structure. Previously, the company generally reported Azure growth rates without providing the business’s exact quarterly revenue.

Microsoft supplied historical quarterly data for the prior two years, with the latest quarter reaching $29.4 billion. It also said Azure generated more than $100 billion in revenue during the fiscal year ended in June, up from $75 billion in the preceding fiscal year and equal to approximately 30% of Microsoft’s total revenue.

The company is reducing its reportable segments from three to two: Agents & Infra, or Agents and Infrastructure, and Devices & Consumer. Microsoft said Azure will be presented more purely as a consumption-based cloud-platform and infrastructure business under the new structure.

For fiscal 2027’s first quarter, Microsoft forecast constant-currency Azure revenue growth of 44% to 45%. It separately forecast Agents & Infra revenue of $75.15 billion to $75.75 billion and Devices & Consumer revenue of $14.7 billion to $15.2 billion; these are company forecasts, not reported results.