Microsoft Azure
$75B revenue FY2025 (34% YoY); 24% cloud market share; 350K businesses; 85-95% Fortune 500; $13B AI revenue run-rate (17...
AWS
$115B revenue 2024 (up from $105B 2023); 30% cloud market share Q2 2025; 4.19M customers (357% growth since 2020); $33B Q3 2025 revenue (+20% YoY)...
Google Cloud
$50B+ revenue growing 30% in 2025; 13% cloud market share Q2 2025; 1M+ developers using platform; 2x increase in new cus...
Complete Rankings
$115B revenue 2024 (up from $105B 2023); 30% cloud market share Q2 2025; 4.19M customers (357% growth since 2020); $33B Q3 2025 revenue (+20% YoY)
$75B revenue FY2025 (34% YoY); 24% cloud market share; 350K businesses; 85-95% Fortune 500; $13B AI revenue run-rate (175% YoY growth); Microsoft Cloud $168.9B
$50B+ revenue growing 30% in 2025; 13% cloud market share Q2 2025; 1M+ developers using platform; 2x increase in new customer commitments 2024
$27B cloud revenue run-rate FY2025; OCI consumption +62% YoY Q4; RPO $138B (+41%); 162 datacenters operational/construction; 30+ AI contracts >$12.5B; 70%+ growth target FY2026
Enterprise AI and hybrid cloud focus with watsonx platform and quantum computing services
Maintained Asia-Pacific cloud leadership with strong growth in Southeast Asia markets
2024 revenue $781M (up 13% YoY); Q3 2025 revenue $230M (up 16% YoY); trailing 12-month revenue (Sept 2025) $864M; net income 2024 $84M (335% growth) at 11% margin; Q1 2025 $38M (170% growth) at 18% margin
Expanding globally from China base with focus on gaming and media infrastructure
FY2025 revenue €1,084.6M (up 9.3% YoY), crossing €1B milestone; EBITDA margin 40.4%; FY2026 target 5-7% organic growth (below market expectations ~10%); founder Octave Klaba returned as CEO Jan 2025 (merged chairman and CEO roles)
Acquired by Akamai Feb 2022 for $900M (~9x revenue; ~$100M annual revenue at acquisition); post-acquisition Akamai cloud revenues $630M 2024 (up 25%); infrastructure services (includes Linode) $230M 2024 (up 32% vs 2023)
First outside funding $333M Dec 2024 at $3.5B valuation, co-led by AMD Ventures and LuminArx Capital; founded 2014 by David Aninowsky; bootstrapped for decade before funding; 1.5M customers across 185 countries with 32 data centers on 6 continents
Founded 1997 in Germany; one of Europe's largest data center operators with hundreds of thousands of servers; 2024 new data center in Singapore (expanding from Germany, Finland, USA); March 2025 launched HT Clean Energy solar initiative with MHB Montage
Leading PaaS with Heroku and Force.com platform
Multi-cloud platform now owned by Broadcom
Equinix Metal, bare metal cloud service (part of Equinix), acquired Packet 2020, on-demand physical servers in 32+ IBX data centers globally, hybrid cloud infrastructure, sub-10 minute deployment, 10,000+ Equinix customers, interconnection to 220+ metros, $8.1B Equinix revenue 2024
| Rank | Brand |
|---|---|
#1 | AWS 💰 $115000M |
#2 | Microsoft Azure 💰 $75000M |
#3 | Google Cloud 💰 $50000M |
#4 | Oracle Cloud 💰 $27000M |
#5 | IBM Cloud |
#6 | Alibaba Cloud |
#7 | DigitalOcean 💰 $781M |
#8 | Tencent Cloud |
#9 | OVHcloud 💰 $1000M |
#10 | Linode 💰 $900M |
#11 | Vultr 💰 $333M |
#12 | Hetzner |
#13 | Salesforce Cloud |
#14 | VMware Cloud |
#15 | Equinix Metal 💰 $8100M |