Microsoft to start disclosing Azure quarterly revenue as company consolidates business units

* Microsoft to disclose Azure quarterly revenue, first time for investors. * Company trims segments from three to two, starting fiscal 2027. * Azure grew 42% to $29.42B in June quarter under new rules. Microsoft will start reporting quarterly Azure revenue from fiscal 2027, replacing the three-segment structure with two: Agents and Infra, and Devices and Consumer. Azure revenue grew 42% to $29.42 billion in the June quarter and is forecast to rise 44-45% in Q1 at constant currency. The new Azure definition excludes GitHub, Security Copilot and healthcare cloud. Management provided two years of recast results and adjusted guidance.