Microsoft vs Google vs Amazon: revenue growth and margins
Compare Microsoft, Alphabet (Google’s parent company) and Amazon using consolidated results for April–June 2026.
Reviewed September 24, 2026 · USD · US GAAP · Quarter Chart calculations
How do revenue growth and profitability compare?
Amazon reported the largest revenue total, Alphabet the fastest year-over-year revenue growth, and Microsoft the highest operating margin in this three-company comparison.
Reported quarterly results
All three results cover April 1–June 30, 2026. Microsoft calls this Q4 FY2026; Alphabet and Amazon call it Q2 2026. The growth comparison uses April–June 2025 for each company.
| Company | Fiscal quarter | Quarter ended | Revenue | Revenue YoY | Operating margin |
|---|---|---|---|---|---|
| Microsoft | Q4 FY2026 | 2026-06-30 | $90.01B | +17.7% | 45.1% |
| Alphabet (Google) | Q2 FY2026 | 2026-06-30 | $119.80B | +24.2% | 34.0% |
| Amazon | Q2 FY2026 | 2026-06-30 | $200.61B | +19.6% | 13.7% |
Why company-wide margins differ
These totals combine different businesses: Microsoft includes software and cloud services, Alphabet includes advertising and cloud services, and Amazon includes retail and AWS. Their consolidated margins reflect that mix, so a lower margin does not by itself indicate a weaker cloud business.
This table measures the whole companies. Comparing Azure, Google Cloud and AWS would require separate segment definitions and disclosures; the revenue and margins here should not be read as cloud market shares or cloud margins.
Operating income measures profit after operating costs, before non-operating items and tax. Large investment gains can change net income without changing operating margin, so we use operating income for this comparison.
This comparison is a dated snapshot, not an investment ranking. Company pages may show newer results. We update this page after reviewing the next set of issuer reports.
How we calculate these figures
Revenue growth = (current quarterly revenue ÷ revenue in the same quarter a year earlier − 1) × 100. Operating margin = quarterly GAAP operating income ÷ quarterly revenue × 100.
We calculate from disclosed USD totals and round percentages to one decimal place. Growth uses reported dollars, including currency effects. Source reports, announcement dates and table locations are under Sources & methodology in the footer.