Microsoft annual capital expenditures (capex)
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Microsoft Capital Expenditures (CapEx) Growth & History (MSFT)
Microsoft's capital expenditures (capex) was $115.95B for fiscal 2026.
View full Microsoft company overviewMicrosoft annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | $115.95B | $51.40B | +79.62% |
| 2025 | 2025-06-30 | $64.55B | $20.07B | +45.13% |
| 2024 | 2024-06-30 | $44.48B | $16.37B | +58.24% |
| 2023 | 2023-06-30 | $28.11B | $4.22B | +17.67% |
| 2022 | 2022-06-30 | $23.89B | $3.26B | +15.83% |
| 2021 | 2021-06-30 | $20.62B | $5.18B | +33.55% |
| 2020 | 2020-06-30 | $15.44B | $1.52B | +10.89% |
| 2019 | 2019-06-30 | $13.93B | $2.29B | +19.71% |
| 2018 | 2018-06-30 | $11.63B | $3.50B | +43.09% |
| 2017 | 2017-06-30 | $8.13B | −$214.0M | −2.57% |
| 2016 | 2016-06-30 | $8.34B | $2.40B | +40.36% |
| 2015 | 2015-06-30 | $5.94B | $459.0M | +8.37% |
| 2014 | 2014-06-30 | $5.49B | $1.23B | +28.85% |
| 2013 | 2013-06-30 | $4.26B | $1.95B | +84.69% |
| 2012 | 2012-06-30 | $2.31B | −$50.0M | −2.12% |
| 2011 | 2011-06-30 | $2.35B | $378.0M | +19.12% |
| 2010 | 2010-06-30 | $1.98B | −$1.14B | −36.61% |
| 2009 | 2009-06-30 | $3.12B | −$63.0M | −1.98% |
| 2008 | 2008-06-30 | $3.18B | — | — |
Microsoft quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | $35.80B | $18.72B | +109.63% |
| Q3 2026 | 2026-03-31 | $30.88B | $14.13B | +84.39% |
| Q2 2026 | 2025-12-31 | $29.88B | $14.07B | +89.04% |
| Q1 2026 | 2025-09-30 | $19.39B | $4.47B | +29.96% |
| Q4 2025 | 2025-06-30 | $17.08B | $3.21B | +23.11% |
| Q3 2025 | 2025-03-31 | $16.75B | $5.79B | +52.89% |
| Q2 2025 | 2024-12-31 | $15.80B | $6.07B | +62.34% |
| Q1 2025 | 2024-09-30 | $14.92B | $5.01B | +50.48% |
| Q4 2024 | 2024-06-30 | $13.87B | $4.93B | +55.13% |
| Q3 2024 | 2024-03-31 | $10.95B | $4.34B | +65.76% |
| Q2 2024 | 2023-12-31 | $9.73B | $3.46B | +55.16% |
| Q1 2024 | 2023-09-30 | $9.92B | $3.63B | +57.84% |
| Q4 2023 | 2023-06-30 | $8.94B | $2.07B | +30.16% |
| Q3 2023 | 2023-03-31 | $6.61B | $1.27B | +23.73% |
| Q2 2023 | 2022-12-31 | $6.27B | $409.0M | +6.97% |
| Q1 2023 | 2022-09-30 | $6.28B | $473.0M | +8.14% |
| Q4 2022 | 2022-06-30 | $6.87B | $419.0M | +6.49% |
| Q3 2022 | 2022-03-31 | $5.34B | $251.0M | +4.93% |
| Q2 2022 | 2021-12-31 | $5.87B | $1.69B | +40.51% |
| Q1 2022 | 2021-09-30 | $5.81B | $903.0M | +18.40% |
| Q4 2021 | 2021-06-30 | $6.45B | $1.71B | +36.00% |
| Q3 2021 | 2021-03-31 | $5.09B | $1.32B | +35.09% |
| Q2 2021 | 2020-12-31 | $4.17B | $629.0M | +17.74% |
| Q1 2021 | 2020-09-30 | $4.91B | $1.52B | +44.96% |
| Q4 2020 | 2020-06-30 | $4.74B | $693.0M | +17.11% |
| Q3 2020 | 2020-03-31 | $3.77B | $1.20B | +46.86% |
| Q2 2020 | 2019-12-31 | $3.54B | −$162.0M | −4.37% |
| Q1 2020 | 2019-09-30 | $3.38B | −$217.0M | −6.02% |
| Q4 2019 | 2019-06-30 | $4.05B | $71.0M | +1.78% |
| Q3 2019 | 2019-03-31 | $2.56B | −$369.0M | −12.58% |
| Q2 2019 | 2018-12-31 | $3.71B | $1.12B | +43.35% |
| Q1 2019 | 2018-09-30 | $3.60B | $1.47B | +68.95% |
| Q4 2018 | 2018-06-30 | $3.98B | $1.70B | +74.33% |
| Q3 2018 | 2018-03-31 | $2.93B | $1.24B | +73.10% |
| Q2 2018 | 2017-12-31 | $2.59B | $598.0M | +30.08% |
| Q1 2018 | 2017-09-30 | $2.13B | −$31.0M | −1.43% |
| Q4 2017 | 2017-06-30 | $2.28B | −$372.0M | −14.01% |
| Q3 2017 | 2017-03-31 | $1.70B | −$613.0M | −26.56% |
| Q2 2017 | 2016-12-31 | $1.99B | −$36.0M | −1.78% |
| Q1 2017 | 2016-09-30 | $2.16B | $807.0M | +59.51% |
| Q4 2016 | 2016-06-30 | $2.65B | $874.0M | +49.07% |
| Q3 2016 | 2016-03-31 | $2.31B | $917.0M | +65.92% |
| Q2 2016 | 2015-12-31 | $2.02B | $534.0M | +35.84% |
| Q1 2016 | 2015-09-30 | $1.36B | $74.0M | +5.77% |
| Q4 2015 | 2015-06-30 | $1.78B | $451.0M | +33.91% |
| Q3 2015 | 2015-03-31 | $1.39B | $199.0M | +16.69% |
| Q2 2015 | 2014-12-31 | $1.49B | −$242.0M | −13.97% |
| Q1 2015 | 2014-09-30 | $1.28B | $51.0M | +4.14% |
| Q4 2014 | 2014-06-30 | $1.33B | −$464.0M | −25.86% |
| Q3 2014 | 2014-03-31 | $1.19B | $262.0M | +28.17% |
| Q2 2014 | 2013-12-31 | $1.73B | $802.0M | +86.24% |
| Q1 2014 | 2013-09-30 | $1.23B | $628.0M | +104.15% |
| Q4 2013 | 2013-06-30 | $1.79B | $1.17B | +188.42% |
| Q3 2013 | 2013-03-31 | $930.0M | $181.0M | +24.17% |
| Q2 2013 | 2012-12-31 | $930.0M | $432.0M | +86.75% |
| Q1 2013 | 2012-09-30 | $603.0M | $167.0M | +38.30% |
| Q4 2012 | 2012-06-30 | $622.0M | −$20.0M | −3.12% |
| Q3 2012 | 2012-03-31 | $749.0M | $91.0M | +13.83% |
| Q2 2012 | 2011-12-31 | $498.0M | $7.0M | +1.43% |
| Q1 2012 | 2011-09-30 | $436.0M | −$128.0M | −22.70% |
| Q4 2011 | 2011-06-30 | $642.0M | −$116.0M | −15.30% |
| Q3 2011 | 2011-03-31 | $658.0M | $250.0M | +61.27% |
| Q2 2011 | 2010-12-31 | $491.0M | $115.0M | +30.59% |
| Q1 2011 | 2010-09-30 | $564.0M | $129.0M | +29.66% |
| Q4 2010 | 2010-06-30 | $758.0M | −$109.0M | −12.57% |
| Q3 2010 | 2010-03-31 | $408.0M | −$224.0M | −35.44% |
| Q2 2010 | 2009-12-31 | $376.0M | −$466.0M | −55.34% |
| Q1 2010 | 2009-09-30 | $435.0M | −$343.0M | −44.09% |
| Q4 2009 | 2009-06-30 | $867.0M | — | — |
| Q3 2009 | 2009-03-31 | $632.0M | — | — |
| Q2 2009 | 2008-12-31 | $842.0M | — | — |
| Q1 2009 | 2008-09-30 | $778.0M | — | — |
Microsoft capital expenditures (capex) trends
Over the last five fiscal years, Microsoft's capital expenditures (capex) increased from $20.62B to $115.95B, a change of $95.33B. The latest reported quarter, Q4 2026, shows $35.80B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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