Non-Current Assets

PP&E (Net)

Microsoft PP&E (Net) increased by 8.5% to $283.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 54.0%, from $183.94B to $283.23B. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows an upward trend with a 36.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2009
Last reportedQ3 2026Apr 29, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$59.72B$63.77B$67.21B$70.30B$74.40B$77.04B$82.76B$88.13B$95.64B$102.50B$112.31B$121.38B$135.59B$152.86B$166.90B$183.94B$204.97B$230.86B$261.13B$283.23B
QoQ Change+6.8%+5.4%+4.6%+5.8%+3.5%+7.4%+6.5%+8.5%+7.2%+9.6%+8.1%+11.7%+12.7%+9.2%+10.2%+11.4%+12.6%+13.1%+8.5%
YoY Change+24.6%+20.8%+23.1%+25.4%+28.6%+33.1%+35.7%+37.7%+41.8%+49.1%+48.6%+51.5%+51.2%+51.0%+56.5%+54.0%
Range$59.72B$283.23B
CAGR+38.8%
Avg YoY Growth+39.5%
Median YoY Growth+39.7%
Current Streak19+ quarters growth

Geographic Breakdown — US

View all
SegmentQ4 '21Q4 '24
US$76.15B$186.11B
IE$13.30B
Total$59.72B$135.59B

IE was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — Other Countries

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Other Countries$38.86B$59.94B$72.86B$115.26B$141.83B
Total$59.72B$74.40B$95.64B$135.59B$204.97B

Frequently Asked Questions

What is Microsoft's pp&e (net)?
Microsoft (MSFT) reported pp&e (net) of $283.23B in Q1 2026.
How has Microsoft's pp&e (net) changed year-over-year?
Microsoft's pp&e (net) increased by 54.0% year-over-year, from $183.94B to $283.23B.
What is the long-term trend for Microsoft's pp&e (net)?
Over 4 years (2021 to 2025), Microsoft's pp&e (net) has grown at a 36.1% compound annual growth rate (CAGR), from $59.72B to $204.97B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.