Azure annual revenue in fiscal 2025 surpassed $75 billion, up 34%, with growth across all workloads.

Judge against fiscal year 2025 (ended 30 June 2025), as reported by Microsoft, with any formal restatement taking precedence. True: Microsoft's official FY2025 results (Q4 FY25 earnings release, investor materials or 10-K) state that Azure annual revenue was above $75 billion and that it grew 34% year over year (on the basis Microsoft stated), with growth described across all workloads. Mostly true: revenue was above $75 billion, but the growth rate reported differs by about 1 percentage point (33% or 35%), or the 'all workloads' description is not borne out while the figures are right. Mixed: one of the two headline figures is right and the other is clearly off. For example, revenue was above $75 billion but growth differs by more than 2 points. Mostly false: Azure revenue was just under $75 billion (within about 2%), or the figure applies to a broader segment and not to Azure. False: Azure revenue was well below $75 billion, or growth was far from 34%.

Set before the research began.

1. E1 EX-99.1 U.S. Securities and Exchange Commission (filed copy of Microsoft's Q4 FY25 earnings release) · 30 July 2025 Own record

   “this year, Azure surpassed $75 billion in revenue, up 34 percent, driven by growth across all workloads.”

2. E2 Microsoft Annual Report 2025 Microsoft Corporation · 30 July 2025 Own record

   “Azure and other cloud services revenue grew 34% driven by demand for our portfolio of services.”

3. E3 FY25 Q4 - Intelligent Cloud Performance - Investor Relations - Microsoft Microsoft Corporation Own record

   “Azure and other cloud services revenue grew 34% driven by demand for our portfolio of services.”

Microsoft's Q4 FY25 earnings release, filed with the SEC as Exhibit 99.1 (E1), states that Azure surpassed $75 billion in revenue for the year, up 34 percent, driven by growth across all workloads. The release is the official results document the resolution criteria name. Microsoft's FY2025 Annual Report (E2) reports 34% growth for Azure and other cloud services, and its FY25 Q4 investor page (E3) also reports 34% growth, without stating the period. The $75 billion figure appears only in the CEO's statement within the filed release, but that release counts as an official record under the criteria, so the claim resolved true on Microsoft's own official records.