Microsoft discloses $101.9 billion in Azure revenue. Why GitHub left the metric

On September 2, Microsoft published its new reporting structure and separate Azure revenue figures: $29.4 billion for the latest quarter and $101.9 billion for the financial year ended June 30, 2026. It also changed the composition of the metric.

Azure is the cloud platform where companies rent computing resources, store data and run applications. Its revenue previously included some ready-made developer tools. Microsoft is now moving them to other reporting lines.

Reuters compared quarterly totals of $42.2 billion for AWS, $29.4 billion for Azure and $24.8 billion for Google Cloud. Azure falls between its two competitors on these figures. The companies draw their cloud-business boundaries differently, so this compares overall sales scale rather than revenue from identical services.

Under Microsoft’s new definitions, GitHub Cloud, other developer cloud services and Security Copilot move from Azure to Microsoft 365 Commercial Cloud. For a GitHub customer, this changes the line recording their payment; Microsoft has not announced a relocation of the repository where their source code is stored.

Cloud products for healthcare and life sciences also leave Azure. They join Industry solutions cloud alongside Dynamics 365 and LinkedIn services for recruitment and sales.

LinkedIn itself now appears in several parts of the accounts. Its advertising and Premium subscriptions move to Search and advertising, while recruitment and sales tools go to Industry solutions. Microsoft is grouping revenue by the purpose of services even when they share a brand.

From fiscal 2027, Agents and Infra combines cloud, enterprise applications, agents, licensing and support. Devices and Consumer covers Windows, Xbox and advertising.

In his note to investors, Satya Nadella attributes the reshuffle to the joint development of applications, models and computing infrastructure. Microsoft wants to sell services covering an entire work task, from the application an employee uses to the servers running the model.

Microsoft supplied historical figures using the new definitions. Without that restatement, part of Azure’s revenue change would reflect the removal of GitHub and other services rather than growth or decline in sales.

The Azure growth forecast for the first quarter of fiscal 2027 is 44–45% under the updated service definitions. GitHub Cloud sales will contribute to Microsoft 365 Commercial Cloud growth, even as the buyer continues using the same GitHub.