Microsoft’s commercial RPO reached $625 billion, up 110% YoY, with roughly $156 billion converting within 12 months.
Azure and other cloud services revenue grew 39% YoY, driving Microsoft Cloud’s topline to $51.5 billion, up 26%.
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Commercial bookings surged 230% YoY, while remaining performance obligations beyond 12 months climbed 156%, strengthening long-term visibility.
Microsoft 365 Copilot reached 15 million paid seats, with seat growth up 160% QoQ and large-enterprise adoption tripling.
A $625 backlog with a growth rate that is accelerating, 39% growth in Azure, and explosive growth in Copilot all provide a level of revenue visibility .
