Microsoft capital expenditure
Microsoft capex: quarterly spending and annual guidance
Track Microsoft’s reported quarterly and year-to-date capital expenditure, current calendar-year capex guidance, source disclosures, definitions, and coverage gaps.
Microsoft Corporation (MSFT)
Reported spend and current outlook
- Latest quarter
- $31.9B
- Latest YTD
- $80.1B
- Issuer guidance
- $190B
- Reviewed observations
- 68
Q1 2026
Through Mar 31, 2026
Fiscal 2026
complete expected-slot coverage
Source-reported history
Available quarterly capital expenditure
USD billions
The chart uses only issuer-reported quarterly durations. It leaves gaps where no standalone quarter was disclosed and does not manufacture a fourth-quarter value by subtracting year-to-date spending from the fiscal-year total.
Quarterly observations
| Period | Reported capex | Native metric | Source |
|---|---|---|---|
| Q1 2026 | $31.9B | Capital expenditures | Official source |
| Q4 2025 | $29.9B | Payments to Acquire Property, Plant, and Equipment | 10-Q |
| Q3 2025 | $19.4B | Payments to Acquire Property, Plant, and Equipment | 10-Q |
| Q1 2025 | $16.7B | Payments to Acquire Property, Plant, and Equipment | 10-Q |
| Q4 2024 | $15.8B | Payments to Acquire Property, Plant, and Equipment | 10-Q |
| Q3 2024 | $14.9B | Payments to Acquire Property, Plant, and Equipment | 10-Q |
| Q1 2024 | $11B | Payments to Acquire Property, Plant, and Equipment | 10-Q |
| Q4 2023 | $9.7B | Payments to Acquire Property, Plant, and Equipment | 10-Q |
YTD and fiscal-year context
These reporting horizons overlap with the quarterly series. They are useful checkpoints, but they should not be added to the quarterly bars.
Definitions stay attached to the data
Microsoft’s management-reported capital expenditure is companywide and can differ from cash additions to property and equipment because of finance leases and delivery timing. The two definitions stay separate and are never added together.
Payments to Acquire Property, Plant, and Equipment
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.
Cash capex · companywide · SEC XBRL Company Facts (US GAAP)
Capital expenditures
Management-reported capital expenditures, with quarter-to-quarter timing affected by cloud infrastructure buildouts and finance leases.
Management-defined capex · companywide · Accounting basis not separately stated
Coverage gaps and cautions
- Standalone fourth-quarter cash capex is not synthesized when the issuer reports only annual and nine-month totals.
- Companywide capex is not treated as AI-only, cloud-only, or data-center-only spending.
- Outlooks are forward-looking claims and remain separate from recognized cash spending.
- The outlook is companywide and must not be relabeled as AI-only or cloud-only spending.
- The issuer says the total includes approximately $25 billion from higher component pricing.
- The SEC Company Facts duration is preserved exactly; overlapping reporting horizons must not be summed.
- This management total is separate from the $30.876 billion of cash additions to property and equipment reported in the 10-Q.
- Do not add this total to cash capex or finance-lease asset additions.
Last successful source sync: July 23, 2026. Latest reviewed evidence: April 29, 2026.
Frequently asked questions
What does Microsoft capex include?
Microsoft’s management-reported capital expenditure is companywide and can differ from cash additions to property and equipment because of finance leases and delivery timing. The two definitions stay separate and are never added together.
Is all Microsoft capex AI or data-center spending?
No. The reported figures are companywide and can include data centers, servers, offices, logistics assets, and other property or equipment. The tracker does not relabel the full amount as AI spending.
How is the Microsoft annual capex outlook treated?
Microsoft’s current figure is approximate formal guidance for companywide calendar-year capital expenditure. It is not an Azure-only or AI-only number, and the issuer says it includes an impact from higher component pricing.
Are quarterly and year-to-date figures added together?
No. Quarterly, year-to-date, and fiscal-year observations are overlapping reporting horizons. They are displayed separately and are never summed.
Publication policy
Published metrics use reviewed observations. Pending review candidates are excluded from values, and missing disclosures stay missing. We preserve source units and distinguish actual spending, guidance, contractual commitments, trade values, weights, and price indices.
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Primary sources
- SEC EDGAR
Microsoft Corporation filings and SEC Company Facts supply source-reported cash capital expenditures.
- Microsoft Investor Relations
Official investor materials are used for annual outlooks and the issuer’s native definition.