Microsoft (MSFT) Capital Expenditures (2009 - 2026)
Microsoft's (MSFT) quarterly Capital Expenditures came in at $35.8 billion in Q2 2026, up 109.63% year-over-year from $17.1 billion in Q2 2025, and up 15.95% quarter-over-quarter from $30.9 billion in Q1 2026.
Microsoft (MSFT) Capital Expenditures (2009 - 2026) Analysis & Trends
Microsoft has disclosed Capital Expenditures across 18 years of filings, most recently posting $35.8 billion for Q2 2026.
- In Q2 2026, Capital Expenditures rose 109.63% year-over-year to $35.8 billion; the TTM figure through Jun 2026 stood at $115.9 billion (up 79.62% YoY), while the FY2026 annual figure was $115.9 billion, up 79.62% from the prior year.
- Capital Expenditures came in at $35.8 billion for Q2 2026 at Microsoft, up from $30.9 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $35.8 billion in Q2 2026 to a low of $5.3 billion in Q1 2022.
- Average Capital Expenditures over 5 years is $14.7 billion, with a median of $12.4 billion recorded in 2024.
- Year-over-year, Capital Expenditures increased 4.93% in 2022 and jumped 109.63% in 2026.
- Over 5 years, Capital Expenditures stood at $6.3 billion in 2022, then jumped by 55.16% to $9.7 billion in 2023, then surged by 62.34% to $15.8 billion in 2024, then jumped by 89.04% to $29.9 billion in 2025, then gained by 19.84% to $35.8 billion in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $35.8 billion in Q2 2026, $30.9 billion in Q1 2026, and $29.9 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | 35.80 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | 229.00 Mn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 49.96 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | 1.58 Bn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | -5.66 Bn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | 6.42 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 18.80 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | 37.44 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 144.93 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 33.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.80 Bn |
| Mar 31, 2026 | 30.88 Bn |
| Dec 31, 2025 | 29.88 Bn |
| Sep 30, 2025 | 19.39 Bn |
| Jun 30, 2025 | 17.08 Bn |
| Mar 31, 2025 | 16.75 Bn |
| Dec 31, 2024 | 15.80 Bn |
| Sep 30, 2024 | 14.92 Bn |
| Jun 30, 2024 | 13.87 Bn |
| Mar 31, 2024 | 10.95 Bn |
| Dec 31, 2023 | 9.74 Bn |
| Sep 30, 2023 | 9.92 Bn |
| Jun 30, 2023 | 8.94 Bn |
| Mar 31, 2023 | 6.61 Bn |
| Dec 31, 2022 | 6.27 Bn |
| Sep 30, 2022 | 6.28 Bn |
| Jun 30, 2022 | 6.87 Bn |
| Mar 31, 2022 | 5.34 Bn |
| Dec 31, 2021 | 5.87 Bn |
| Sep 30, 2021 | 5.81 Bn |
Microsoft Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MSFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MSFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();