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Microsoft (MSFT) Capital Expenditures (2016 - 2025)

Microsoft's Capital Expenditures history spans 17 years, with the latest figure at $29.9 billion for Q4 2025.

  • For Q4 2025, Capital Expenditures rose 89.04% year-over-year to $29.9 billion; the TTM value through Dec 2025 reached $83.1 billion, up 49.58%, while the annual FY2025 figure was $64.6 billion, 45.13% up from the prior year.
  • Capital Expenditures for Q4 2025 was $29.9 billion at Microsoft, up from $19.4 billion in the prior quarter.
  • Across five years, Capital Expenditures topped out at $29.9 billion in Q4 2025 and bottomed at $5.1 billion in Q1 2021.
  • The 5-year median for Capital Expenditures is $9.3 billion (2023), against an average of $11.1 billion.
  • The largest annual shift saw Capital Expenditures increased 4.93% in 2022 before it skyrocketed 89.04% in 2025.
  • A 5-year view of Capital Expenditures shows it stood at $5.9 billion in 2021, then increased by 6.97% to $6.3 billion in 2022, then surged by 55.16% to $9.7 billion in 2023, then soared by 62.34% to $15.8 billion in 2024, then surged by 89.04% to $29.9 billion in 2025.
  • Per Business Quant, the three most recent readings for MSFT's Capital Expenditures are $29.9 billion (Q4 2025), $19.4 billion (Q3 2025), and $17.1 billion (Q2 2025).