Microsoft spent $39.4 billion on buildings and equipment in Q3 2026 (fiscal Q1), up 103% in a year.
Microsoft spent $39.4 billion on buildings, servers and equipment in Q3 2026 (its fiscal Q1). A year earlier, in Q3 2025, it spent $19.4 billion. This is capital spending: the cash paid for property and equipment. The quarter comes from Microsoft's quarterly report filed with the SEC on Oct 28, 2026.
Five quarters of Microsoft's capital spending: the cash it paid for buildings, servers and equipment. The gold bar is the quarter just reported. The cream bar is the same quarter a year earlier. A full-year spending plan appears only when the company has stated one in a release or SEC filing. Microsoft's fiscal year ends in June, so each of its quarters is placed in the calendar quarter it ends in.
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Source: SEC EDGAR, Microsoft 10-Q/10-K and earlier 10-Q/10-K cash flow statements. Every number on the chart is computed from the source data in the same run that drew it. The Signal is research, not investment advice. How we work · Disclosures
Disclosure: Nova One Capital may hold positions in companies we discuss. See novaonesignal.com/disclosures.