Is investment still expanding?
Four hyperscalers: cash capex · Quarterly
History: 6 observations · Local history available
Consolidated cash purchases of property and equipment by Microsoft, Amazon, Alphabet and Meta, aligned to calendar quarters. Excludes finance-lease additions and principal repayments; asset-sale proceeds and incentives are not deducted. Includes non-cloud and non-AI businesses.
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View data table (last 24 observations)
| Period | Value (USD 100m) | Type |
|---|---|---|
| 2026-06-30 | 1,650.5 | Calculated value |
| 2026-03-31 | 1,297.5 | Calculated value |
| 2025-12-31 | 1,186.32 | Calculated value |
| 2025-09-30 | 972.71 | Calculated value |
| 2025-06-30 | 882.46 | Calculated value |
| 2025-03-31 | 719.02 | Calculated value |
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- 2026-06-30 · Verified on 2026-10-09 · SEC company filings · locally aggregated
Consolidated cash purchases of property and equipment for all four companies, aligned to calendar quarters. Excludes finance-lease additions and principal repayments; asset-sale proceeds and incentives are not deducted. Includes non-cloud and non-AI businesses.
Calculation inputs (USD)Cash purchases of property and equipment, aligned to calendar quarters. Includes all consolidated businesses.
Company USD 100m Microsoft 358.02 Amazon 542.08 Alphabet 449.24 Meta 301.16 Microsoft · Later fiscal total less earlier fiscal total
2025-07-01 – 2026-03-31: 801.46 USD 100m · Filed 2026-04-29
2025-07-01 – 2026-06-30: 1,159.48 USD 100m · Filed 2026-07-29Amazon · Reported quarter
2026-04-01 – 2026-06-30: 542.08 USD 100m · Filed 2026-07-31Alphabet · Later fiscal total less earlier fiscal total
2026-01-01 – 2026-03-31: 356.74 USD 100m · Filed 2026-04-30
2026-01-01 – 2026-06-30: 805.98 USD 100m · Filed 2026-07-23Meta · Later fiscal total less earlier fiscal total
2026-01-01 – 2026-03-31: 189.97 USD 100m · Filed 2026-04-30
2026-01-01 – 2026-06-30: 491.13 USD 100m · Filed 2026-07-30 - 2026-03-31 · Verified on 2026-10-09 · SEC company filings · locally aggregated
Consolidated cash purchases of property and equipment for all four companies, aligned to calendar quarters. Excludes finance-lease additions and principal repayments; asset-sale proceeds and incentives are not deducted. Includes non-cloud and non-AI businesses.
Calculation inputs (USD)Cash purchases of property and equipment, aligned to calendar quarters. Includes all consolidated businesses.
Company USD 100m Microsoft 308.76 Amazon 442.03 Alphabet 356.74 Meta 189.97 Microsoft · Reported quarter
2026-01-01 – 2026-03-31: 308.76 USD 100m · Filed 2026-04-29Amazon · Reported quarter
2026-01-01 – 2026-03-31: 442.03 USD 100m · Filed 2026-04-30Alphabet · Reported quarter
2026-01-01 – 2026-03-31: 356.74 USD 100m · Filed 2026-04-30Meta · Reported quarter
2026-01-01 – 2026-03-31: 189.97 USD 100m · Filed 2026-04-30 - 2025-12-31 · Verified on 2026-10-09 · SEC company filings · locally aggregated
Consolidated cash purchases of property and equipment for all four companies, aligned to calendar quarters. Excludes finance-lease additions and principal repayments; asset-sale proceeds and incentives are not deducted. Includes non-cloud and non-AI businesses.
Calculation inputs (USD)Cash purchases of property and equipment, aligned to calendar quarters. Includes all consolidated businesses.
Company USD 100m Microsoft 298.76 Amazon 395.22 Alphabet 278.51 Meta 213.83 Microsoft · Reported quarter
2025-10-01 – 2025-12-31: 298.76 USD 100m · Filed 2026-01-28Amazon · Later fiscal total less earlier fiscal total
2025-01-01 – 2025-09-30: 922.97 USD 100m · Filed 2025-10-31
2025-01-01 – 2025-12-31: 1,318.19 USD 100m · Filed 2026-02-06Alphabet · Later fiscal total less earlier fiscal total
2025-01-01 – 2025-09-30: 635.96 USD 100m · Filed 2025-10-30
2025-01-01 – 2025-12-31: 914.47 USD 100m · Filed 2026-02-05Meta · Later fiscal total less earlier fiscal total
2025-01-01 – 2025-09-30: 483.08 USD 100m · Filed 2025-10-30
2025-01-01 – 2025-12-31: 696.91 USD 100m · Filed 2026-01-29 - 2025-09-30 · Verified on 2026-10-09 · SEC company filings · locally aggregated
Consolidated cash purchases of property and equipment for all four companies, aligned to calendar quarters. Excludes finance-lease additions and principal repayments; asset-sale proceeds and incentives are not deducted. Includes non-cloud and non-AI businesses.
Calculation inputs (USD)Cash purchases of property and equipment, aligned to calendar quarters. Includes all consolidated businesses.
Company USD 100m Microsoft 193.94 Amazon 350.95 Alphabet 239.53 Meta 188.29 Microsoft · Reported quarter
2025-07-01 – 2025-09-30: 193.94 USD 100m · Filed 2025-10-29Amazon · Reported quarter
2025-07-01 – 2025-09-30: 350.95 USD 100m · Filed 2025-10-31Alphabet · Later fiscal total less earlier fiscal total
2025-01-01 – 2025-06-30: 396.43 USD 100m · Filed 2026-07-23
2025-01-01 – 2025-09-30: 635.96 USD 100m · Filed 2025-10-30Meta · Later fiscal total less earlier fiscal total
2025-01-01 – 2025-06-30: 294.79 USD 100m · Filed 2026-07-30
2025-01-01 – 2025-09-30: 483.08 USD 100m · Filed 2025-10-30 - 2025-06-30 · Verified on 2026-10-09 · SEC company filings · locally aggregated
Consolidated cash purchases of property and equipment for all four companies, aligned to calendar quarters. Excludes finance-lease additions and principal repayments; asset-sale proceeds and incentives are not deducted. Includes non-cloud and non-AI businesses.
Calculation inputs (USD)Cash purchases of property and equipment, aligned to calendar quarters. Includes all consolidated businesses.
Company USD 100m Microsoft 170.79 Amazon 321.83 Alphabet 224.46 Meta 165.38 Microsoft · Later fiscal total less earlier fiscal total
2024-07-01 – 2025-03-31: 474.72 USD 100m · Filed 2026-04-29
2024-07-01 – 2025-06-30: 645.51 USD 100m · Filed 2026-07-29Amazon · Reported quarter
2025-04-01 – 2025-06-30: 321.83 USD 100m · Filed 2026-07-31Alphabet · Later fiscal total less earlier fiscal total
2025-01-01 – 2025-03-31: 171.97 USD 100m · Filed 2026-04-30
2025-01-01 – 2025-06-30: 396.43 USD 100m · Filed 2026-07-23Meta · Later fiscal total less earlier fiscal total
2025-01-01 – 2025-03-31: 129.41 USD 100m · Filed 2026-04-30
2025-01-01 – 2025-06-30: 294.79 USD 100m · Filed 2026-07-30 - 2025-03-31 · Verified on 2026-10-09 · SEC company filings · locally aggregated
Consolidated cash purchases of property and equipment for all four companies, aligned to calendar quarters. Excludes finance-lease additions and principal repayments; asset-sale proceeds and incentives are not deducted. Includes non-cloud and non-AI businesses.
Calculation inputs (USD)Cash purchases of property and equipment, aligned to calendar quarters. Includes all consolidated businesses.
Company USD 100m Microsoft 167.45 Amazon 250.19 Alphabet 171.97 Meta 129.41 Microsoft · Reported quarter
2025-01-01 – 2025-03-31: 167.45 USD 100m · Filed 2026-04-29Amazon · Reported quarter
2025-01-01 – 2025-03-31: 250.19 USD 100m · Filed 2026-04-30Alphabet · Reported quarter
2025-01-01 – 2025-03-31: 171.97 USD 100m · Filed 2026-04-30Meta · Reported quarter
2025-01-01 – 2025-03-31: 129.41 USD 100m · Filed 2026-04-30