Microsoft (MSFT) Depreciation and Depletion (2024 - 2026)
Microsoft's Depreciation and Depletion was $11.1 billion in fiscal Q1 2027 (quarter ended Sep 30, 2026), up 56.3% from $7.1 billion a year earlier and up 7.8% from the prior quarter.
Microsoft (MSFT) Depreciation and Depletion (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Microsoft's Depreciation and Depletion was $38.3 billion through Sep 30, 2026, up 57.0% year-over-year; for FY2026 (ended Jun 30, 2026), it came in at $34.3 billion, up 55.9% from FY2025.
- Depreciation and Depletion has now increased for three consecutive fiscal years, with a five-year compound annual growth rate of 29.8% (FY2021 to FY2026).
- In earlier fiscal years, Depreciation and Depletion was $22 billion in FY2025 (+44.7%), $15.2 billion in FY2024 (+38.2%), $11 billion in FY2023 (-12.7%) and $12.6 billion in FY2022 (+35.5%).
- The fiscal Q1 2027 figure marks the highest quarterly Depreciation and Depletion in data going back to fiscal Q1 2025.
- Compared with a year earlier, Depreciation and Depletion has increased for five straight quarters, with growth averaging 55.6% over the last five quarters.
- Per Business Quant data, MSFT's Depreciation and Depletion in the three fiscal quarters before Q1 2027 was $10.3 billion (Q4 2026), $9 billion (Q3 2026) and $7.9 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,978.22 Bn | 3,913.71 Bn | 62.56 Bn | 11.10 Bn |
| 2 | International Business Machines | 234.30 Bn | 188.91 Bn | 9.71 Bn | 550.00 Mn |
| 3 | Equinix | 98.75 Bn | 86.64 Bn | 1.31 Bn | - |
| 4 | Cloudflare | 87.20 Bn | 70.73 Bn | 499.52 Mn | 51.50 Mn |
| 5 | Nebius | 29.33 Bn | 2.76 Bn | 448.70 Mn | 253.80 Mn |
| 6 | Verisign | 28.15 Bn | 25.50 Bn | 393.20 Mn | - |
| 7 | CoreWeave | 24.27 Bn | 11.36 Bn | 1.70 Bn | 1.40 Bn |
| 8 | Nutanix | 15.78 Bn | 7.47 Bn | 651.35 Mn | 16.30 Mn |
| 9 | GoDaddy | 15.07 Bn | 10.45 Bn | 843.00 Mn | - |
| 10 | Akamai Technologies | 11.38 Bn | 4.78 Bn | 613.75 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.10 Bn |
| Jun 30, 2026 | 10.30 Bn |
| Mar 31, 2026 | 9.00 Bn |
| Dec 31, 2025 | 7.90 Bn |
| Sep 30, 2025 | 7.10 Bn |
| Jun 30, 2025 | 6.30 Bn |
| Mar 31, 2025 | 5.80 Bn |
| Dec 31, 2024 | 5.20 Bn |
| Sep 30, 2024 | 4.70 Bn |
Microsoft Depreciation and Depletion 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=depreciation-and-depletion&ticker=MSFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();