Alphabet Inc.
GOOGLpublichyperscalerSearch, Cloud & AI
Google's parent. Google Cloud is the third-largest cloud provider; an investor in Anthropic.
how it is counted
cash purchases of property and equipment in the calendar quarter, as the company's own cash-flow statement reports it. The year: the newest calendar year whose fourth quarter at least 90 % of filers have reported; a filer counts only if it reported all four quarters.
- Four quarters, 2025 Q3 – 2026 Q2 →+97.7% on the four before, $67.0B — its line in the Overview's league
how it is counted
per filer: the same four quarters, the four before them and the change; null where the filer did not report all four
- $132.4B
- Newest quarter · 2026 Q237.5% of revenue · +100.1% on a year before
how it is counted
Of revenue: the quarter's CAPEX as a share of the same quarter's revenue, where the company reports both. On a year before: the change on the same calendar quarter a year before, where the filer reported both.
- $44.92B
- Off the balance sheet →what it owes that its balance sheet does not carry, each fact counted once · verified 2026-09-28
- $85.2B
- Notes priced since 2024 →each tranche in the ledger as the company itself states it
- $109.3B
- Loans and credit facilities →new facilities as signed, from the company's own announcements
- —
- Debt due in 12 months →the company's own five-year schedule
- $2.0B
- Documents in the corpusthe company's own reports, announcements and earnings calls that the rules read
- 100
CAPEX by quarter
Quarters since 2022 Q4, as reported
| 2026 Q2 | $44.92B | $119.80B | 37.5% | +100.1% |
| 2026 Q1 | $35.67B | $109.90B | 32.5% | +107.4% |
| 2025 Q4 | $27.85B | $113.83B | 24.5% | +95.1% |
| 2025 Q3 | $23.95B | $102.34B | 23.4% | +83.4% |
| 2025 Q2 | $22.45B | $96.43B | 23.3% | +70.2% |
| 2025 Q1 | $17.20B | $90.23B | 19.1% | +43.2% |
| 2024 Q4 | $14.28B | — | — | +29.6% |
| 2024 Q3 | $13.06B | — | — | +62.1% |
| 2024 Q2 | $13.19B | — | — | +91.4% |
| 2024 Q1 | $12.01B | — | — | +91.0% |
| 2023 Q4 | $11.02B | — | — | +45.1% |
| 2023 Q3 | $8.05B | — | — | +10.7% |
| 2023 Q2 | $6.89B | — | — | +0.9% |
| 2023 Q1 | $6.29B | — | — | -35.7% |
| 2022 Q4 | $7.59B | — | — | +19.0% |
Typed by hand
The first generation of this page, typed before the pipeline from calls, press releases and reports. No rule reads it, and it is not checked the way the figures the rules read are. Methodology →
Guidance tracker
typed by hand“We expect our 2025 capital expenditures to be approximately $75 billion, reflecting our confidence in the significant long-term growth opportunity in AI.”
Analyst estimate · Analyst estimate — no company statement on record (Feb 2026) · 2026-02-04
Analyst estimate · Analyst estimate — no company statement on record (2026) · 2026-02-04
Key quotes
typed by hand“Our 2025 capex reflects the significant investment we see as necessary to capture the long-term opportunity in AI and cloud.”
Q4 2024 Earnings Call · Alphabet Q4 2024 Earnings