Microsoft (MSFT) Invested Capital (2009 - 2026)
Microsoft's (MSFT) quarterly Invested Capital came in at $483.1 billion in Q2 2026, up 24.41% year-over-year from $388.3 billion in Q2 2025, and up 6.11% quarter-over-quarter from $455.3 billion in Q1 2026.
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Analysis
Microsoft (MSFT) Invested Capital (2009 - 2026) Analysis & Trends
Microsoft has disclosed Invested Capital across 18 years of filings, most recently posting $483.1 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 24.41% year-over-year to $483.1 billion; the TTM figure through Jun 2026 stood at $483.1 billion (up 24.41% YoY), while the FY2026 annual figure was $483.1 billion, up 24.41% from the prior year.
- Invested Capital came in at $483.1 billion for Q2 2026 at Microsoft, up from $455.3 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $483.1 billion in Q2 2026 to a low of $212.8 billion in Q1 2022.
- Average Invested Capital over 5 years is $324.1 billion, with a median of $319.4 billion recorded in 2024.
- Year-over-year, Invested Capital gained 8.09% in 2022 and jumped 35.13% in 2023.
- Over 5 years, Invested Capital stood at $231.3 billion in 2022, then jumped by 35.13% to $312.5 billion in 2023, then advanced by 11.26% to $347.7 billion in 2024, then gained by 24.21% to $431.9 billion in 2025, then climbed by 11.86% to $483.1 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $483.1 billion in Q2 2026, $455.3 billion in Q1 2026, and $431.9 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | 483.06 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | 102.30 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 2.91 Bn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | 34.07 Bn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | 18.89 Bn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | 8.69 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 80.30 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 6.45 Bn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 2.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 482.68 Bn |
| Mar 31, 2026 | 454.63 Bn |
| Dec 31, 2025 | 431.14 Bn |
| Sep 30, 2025 | 406.28 Bn |
| Jun 30, 2025 | 386.63 Bn |
| Mar 31, 2025 | 364.77 Bn |
| Dec 31, 2024 | 347.67 Bn |
| Sep 30, 2024 | 332.84 Bn |
| Jun 30, 2024 | 320.11 Bn |
| Mar 31, 2024 | 318.59 Bn |
| Dec 31, 2023 | 312.49 Bn |
| Sep 30, 2023 | 292.22 Bn |
| Jun 30, 2023 | 253.46 Bn |
| Mar 31, 2023 | 242.89 Bn |
| Dec 31, 2022 | 231.25 Bn |
| Sep 30, 2022 | 222.19 Bn |
| Jun 30, 2022 | 216.32 Bn |
| Mar 31, 2022 | 212.85 Bn |
| Dec 31, 2021 | 213.27 Bn |
| Sep 30, 2021 | 205.27 Bn |
API Access
Microsoft Invested Capital 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=invested-capital&ticker=MSFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();