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Microsoft (MSFT) capital expenditures by quarter

Microsoft's capital expenditures were $39.4B in Q1 FY27 (first quarter fiscal 2027), +10% from Q4 FY26. Over the last 7 quarters it ranged from $16.7B (Q3 FY25) to $39.4B (Q1 FY27).

Microsoft capital expenditures by quarterMicrosoft capital expenditures by quarter$16.7BQ3 FY25$17.1BQ4 FY25$19.4BQ1 FY26$29.9BQ2 FY26$30.9BQ3 FY26$35.8BQ4 FY26$39.4BQ1 FY27
QuarterCapital expendituresQ/QY/Y
Q1 FY27$39.4B+10%+103%
Q4 FY26$35.8B+16%+110%
Q3 FY26$30.9B+3%+84%
Q2 FY26$29.9B+54%—
Q1 FY26$19.4B+14%—
Q4 FY25$17.1B+2%—
Q3 FY25$16.7B——

Q1 FY27 at a glance

Microsoft, Q1 FY27: revenue $92.3B (+19% year over year), operating margin 49.8%, net earnings $36.6B, operating cash flow $58.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Microsoft's capital expenditures?

Microsoft's capital expenditures were $39.4B in Q1 FY27 (first quarter fiscal 2027), +10% from Q4 FY26.

How has Microsoft's capital expenditures changed?

Over the last 7 quarters it ranged from $16.7B (Q3 FY25) to $39.4B (Q1 FY27).

Q1 FY27 results → · How Microsoft makes money →