What is Microsoft's net investment in lease?

Microsoft (MSFT) reported net investment in lease of $24.4B in Q1 2026.

How has Microsoft's net investment in lease changed year-over-year?

Microsoft's net investment in lease decreased by 0.3% year-over-year, from $24.48B to $24.4B.

What is the long-term trend for Microsoft's net investment in lease?

Over 4 years (2021 to 2025), Microsoft's net investment in lease has grown at a 22.3% compound annual growth rate (CAGR), from $11.09B to $24.82B.

Microsoft MSFT Net Investment in Lease

Net Investment in Lease at other companies

PTCPTC

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AmazonAMZN

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SalesforceCRM

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Palo Alto Networks, Inc.PANW

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OracleORCL

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BoxBOX

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Other financials

Income statement

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Revenue$82.9B+18.3%

Gross profit$56.1B+16.4%

Operating income$38.4B+20.0%

Net income$31.8B+23.1%

EPS (diluted)$4.27+23.4%

Balance sheet

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Cash & equivalents$32.1B+11.4%

Total debt$125.43B+19.4%

Total equity$414.37B+28.7%

Total assets$694.23B+23.4%

Cash flow

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Operating cash flow$46.7B+26.0%

CapEx$30.9B+84.4%

Free cash flow$15.8B-22.1%

Valuation

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Market cap$2.77T-25.1%

Enterprise value$2.86T-24.2%

P/E22.1×-14.2×

P/S8.7×-4.4×

Profitability

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Gross margin68.3%-0.8pp

Operating margin46.8%+1.6pp

Net margin39.3%+3.6pp

FCF margin22.9%-2.8pp

Returns & leverage

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Return on equity34%+0.4pp

Debt / equity0.3×0.0×

Current ratio1.3×-0.1×

Where this comes from

Reported directly by Microsoft in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Microsoft’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microsoft's net investment in lease?: Microsoft (MSFT) reported net investment in lease of $24.4B in Q1 2026.
How has Microsoft's net investment in lease changed year-over-year?: Microsoft's net investment in lease decreased by 0.3% year-over-year, from $24.48B to $24.4B.
What is the long-term trend for Microsoft's net investment in lease?: Over 4 years (2021 to 2025), Microsoft's net investment in lease has grown at a 22.3% compound annual growth rate (CAGR), from $11.09B to $24.82B.