Microsoft Reports $10 Billion in Quarterly OpenAI Revenue

Microsoft reported $10 billion in revenue from commercial arrangements with OpenAI in the three months ended September 30, equal to about 11% of its quarterly revenue, according to the company’s filing. The disclosure covers the first quarter of Microsoft’s fiscal 2027 and includes revenue-sharing payments, but does not separate those from OpenAI’s purchases of Azure cloud services. Microsoft reported total quarterly revenue of $92.3 billion. The $10 billion figure is substantially higher than the $24.1 billion the company recorded from OpenAI during the 12 months ended June, though the periods are not directly comparable. Microsoft’s filing also showed $7.2 billion in receivables from OpenAI at September 30, up from $6 billion at the end of June. The filing put Microsoft’s ownership stake in OpenAI at about 24% in September, compared with about 25% in June. Microsoft had paid $12 billion of a $13 billion investment commitment, according to the filing. The September stake figure is the one reported in the company’s quarterly disclosure. The companies have revised parts of their partnership as OpenAI gained more flexibility to work with other cloud providers. An April 2026...