# Microsoft Alone Is Forecast to Avoid Negative Free Cash Flow Over the Next 12 Months By John Kim Canonical URL: https://www.tokenpost.com/news/business/33752 Published: 2026-10-17T05:14:44.000Z Updated: 2026-10-17T05:14:44.000Z Section: Business > U.S. hyperscaler capital spending is projected to reach $1.2 trillion in 2027. Microsoft is the only major hyperscaler forecast to avoid negative free cash flow over the next 12 months. Free cash flow measures cash left after operating costs and capital spending. A negative result means capital spending exceeds the cash generated from operations. The outlook comes as [U.S. hyperscaler capital spending]() is projected to reach $1.2 trillion in 2027. ## Links in this article - [U.S. hyperscaler capital spending](https://www.tokenpost.com/news/technology/25173)