Microsoft adds US$132.5 billion in lease commitments

Microsoft's lease commitments that have not yet commenced reached US$329.1 billion in the fourth quarter of fiscal 2026, which ended in June, per its latest regulatory filing. The US$132.5 billion increase reflects heavy AI infrastructure spending, though capacity takes years to build.

• Uncommenced lease commitments reached US$329.1 billion
• The figure grew by US$132.5 billion in the quarter
• The quarter ended in June, fiscal 2026 Q4
• Building AI capacity takes years