Microsoft MSFT
NASDAQ MSFT
$516.11 +18.18 (+3.65%)
As of: Sep 25, 2026 · 3:59 PM EDT

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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