Capital expenditures and finance leases for the quarter, at $41 billion, jumped 69%. Microsoft's finance chief, Amy Hood, reiterated plans for 2026 capital spending. And more future data center leases will appear as operating leases instead of finance leases, she said. The adjustment will lead to roughly $175 billion in capital expenditures and finance leases, Hood said. For the 2027 fiscal year, Hood said she sees further growth in capital expenditures, pointing to "demand signals across our portfolio."