Key Highlights

  • According to a published scorecard, Server Products and Cloud Services is the largest line at Microsoft (NASDAQ:MSFT), at 39% of USD 332B in revenue, or USD 129B, after growing 31% over the past year.
  • Microsoft 365 Commercial Products and Cloud Services brings USD 102B, or 30.7%, up 16%; simple arithmetic on those two shares shows the leading pair making up close to 69.7% of the total.
  • LinkedIn rose 11% to USD 19.8B, whereas Gaming fell 7% to USD 21.8B; six further segments add USD 58.8B, which is 17.7% of what the company earns.
  • Revenue is 51% from the United States and 49% from the rest of the world, and the annual filing says no one customer passed 10% of Revenue in fiscal 2026, 2025 or 2024.

How The Mix Breaks Down

In the scorecard, Microsoft revenue of USD 332B divides into four named segments plus a bundle of six smaller ones. At the top sits Server Products and Cloud Services, 39% of the total or USD 129B, a 31% rise on the prior year. Next comes Microsoft 365 Commercial Products and Cloud Services, at USD 102B or 30.7%, which grew 16%. Gaming makes up 6.6% or USD 21.8B after a 7% drop, and LinkedIn makes up 6% or USD 19.8B after an 11% gain. Six remaining segments contribute USD 58.8B, or 17.7%. Simple arithmetic on the two biggest shares yields roughly 69.7% of revenue from cloud infrastructure plus workplace subscriptions, so many readers see Microsoft (NASDAQ:MSFT) as a cloud and software company before anything else.

Who Pays And Why

The scorecard says the buyers that matter are large enterprises and government bodies, which rent Azure capacity for their systems and purchase Microsoft 365 seats for employees. Its explanation for choosing Azure over Amazon Web Services and Google Cloud is mostly fit: the servers, databases and tools a team already runs arrive from one supplier. Because most revenue comes from subscriptions and consumption contracts rather than one-off licences, payments continue for as long as customers keep using the products. The scorecard puts about 70% of revenue in cloud consumption and per-seat subscriptions that renew without any new purchase decision. Geographically, 51% of revenue is American and 49% comes from the rest of the world.

Where The Risk Sits

Few customers dominate, yet few products do too much of the work. Around 70% of revenue lies in two segments, which means weaker cloud consumption or slower seat growth would show up fast across the whole group. In the annual filing, the disruption risks named are free AI models, open-source software that imitates Microsoft products, and the long move away from the personal computer; the scorecard calls them real but confined to parts of the business. Growth in datacenters further relies on chips, power, cooling, land, permits and trade policy. With no dated catalysts provided, the thing to follow is segment growth in coming filings by Microsoft (NASDAQ:MSFT).

Where Things Stand

Cloud is 39% of the USD 332B revenue at Microsoft (NASDAQ:MSFT) because Server Products and Cloud Services is its biggest line, with Microsoft 365 adding 30.7%. In the scorecard's view the mix is a strength, resting on subscriptions and consumption contracts, and it observes that no customer tops 10% of revenue. The United States accounts for 51% of sales. Points to watch include the 7% fall in Gaming, dependence on two segments for about 69.7% of revenue, and the infrastructure inputs Azure expansion demands. These are the scorecard's observations rather than a recommendation, and they describe the Business mix alone.