Operating Income
Microsoft: $8.9bn
AWS: $5.2bn
Google Cloud: $480m loss
Both AWS And Microsoft Intelligent Cloud segment reported generated solid operating income, while Google Cloud has yet to turn a profit.
Operating income for Microsoft's Intelligent Cloud segment reached $8.9bn, up from $8.3bn year over year.
AWS reported operating income of $5.2bn, slightly down year over year compared to $5.3bn in fourth quarter 2021.
Google Cloud reported an operating income loss of $480m. However, this operating loss was much lower than the $890m loss Google Cloud generated in fourth quarter 2021. Google Cloud's quarterly operating loss has been steadily declining year after year.
"Google Cloud remains very focused on its path to profitability," said Google CEO Sundar Pichai during the company's earnings call.