Alphabet annual capital expenditures (capex)
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Alphabet Capital Expenditures (CapEx) Growth & History (GOOGL)
Alphabet's capital expenditures (capex) was $91.45B for fiscal 2025.
View full Alphabet company overviewAlphabet annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $91.45B | $38.91B | +74.07% |
| 2024 | 2024-12-31 | $52.53B | $20.28B | +62.89% |
| 2023 | 2023-12-31 | $32.25B | $766.0M | +2.43% |
| 2022 | 2022-12-31 | $31.48B | $6.84B | +27.78% |
| 2021 | 2021-12-31 | $24.64B | $2.36B | +10.59% |
| 2020 | 2020-12-31 | $22.28B | −$1.27B | −5.38% |
| 2019 | 2019-12-31 | $23.55B | −$1.59B | −6.33% |
| 2018 | 2018-12-31 | $25.14B | $11.96B | +90.68% |
| 2017 | 2017-12-31 | $13.18B | $2.97B | +29.10% |
| 2016 | 2016-12-31 | $10.21B | $262.0M | +2.63% |
| 2015 | 2015-12-31 | $9.95B | −$1.06B | −9.66% |
| 2014 | 2014-12-31 | $11.01B | $3.66B | +49.69% |
| 2013 | 2013-12-31 | $7.36B | — | — |
Alphabet quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $44.92B | $22.48B | +100.14% |
| Q1 2026 | 2026-03-31 | $35.67B | $18.48B | +107.44% |
| Q4 2025 | 2025-12-31 | $27.85B | $13.57B | +95.09% |
| Q3 2025 | 2025-09-30 | $23.95B | $10.89B | +83.39% |
| Q2 2025 | 2025-06-30 | $22.45B | $9.26B | +70.23% |
| Q1 2025 | 2025-03-31 | $17.20B | $5.18B | +43.17% |
| Q4 2024 | 2024-12-31 | $14.28B | $3.26B | +29.56% |
| Q3 2024 | 2024-09-30 | $13.06B | $5.01B | +62.15% |
| Q2 2024 | 2024-06-30 | $13.19B | $6.30B | +91.43% |
| Q1 2024 | 2024-03-31 | $12.01B | $5.72B | +91.00% |
| Q4 2023 | 2023-12-31 | $11.02B | $3.42B | +45.08% |
| Q3 2023 | 2023-09-30 | $8.05B | $779.0M | +10.71% |
| Q2 2023 | 2023-06-30 | $6.89B | $60.0M | +0.88% |
| Q1 2023 | 2023-03-31 | $6.29B | −$3.50B | −35.73% |
| Q4 2022 | 2022-12-31 | $7.59B | $1.21B | +18.99% |
| Q3 2022 | 2022-09-30 | $7.28B | $457.0M | +6.70% |
| Q2 2022 | 2022-06-30 | $6.83B | $1.33B | +24.24% |
| Q1 2022 | 2022-03-31 | $9.79B | $3.84B | +64.69% |
| Q4 2021 | 2021-12-31 | $6.38B | $904.0M | +16.50% |
| Q3 2021 | 2021-09-30 | $6.82B | $1.41B | +26.14% |
| Q2 2021 | 2021-06-30 | $5.50B | $105.0M | +1.95% |
| Q1 2021 | 2021-03-31 | $5.94B | −$63.0M | −1.05% |
| Q4 2020 | 2020-12-31 | $5.48B | −$573.0M | −9.47% |
| Q3 2020 | 2020-09-30 | $5.41B | −$1.33B | −19.70% |
| Q2 2020 | 2020-06-30 | $5.39B | −$735.0M | −12.00% |
| Q1 2020 | 2020-03-31 | $6.00B | $1.37B | +29.47% |
| Q4 2019 | 2019-12-31 | $6.05B | −$1.03B | −14.53% |
| Q3 2019 | 2019-09-30 | $6.73B | $1.45B | +27.45% |
| Q2 2019 | 2019-06-30 | $6.13B | $649.0M | +11.85% |
| Q1 2019 | 2019-03-31 | $4.64B | −$2.66B | −36.46% |
| Q4 2018 | 2018-12-31 | $7.08B | $2.77B | +64.41% |
| Q3 2018 | 2018-09-30 | $5.28B | $1.74B | +49.29% |
| Q2 2018 | 2018-06-30 | $5.48B | $2.65B | +93.47% |
| Q1 2018 | 2018-03-31 | $7.30B | $4.79B | +191.03% |
| Q4 2017 | 2017-12-31 | $4.31B | $1.23B | +39.93% |
| Q3 2017 | 2017-09-30 | $3.54B | $984.0M | +38.53% |
| Q2 2017 | 2017-06-30 | $2.83B | $695.0M | +32.54% |
| Q1 2017 | 2017-03-31 | $2.51B | $64.0M | +2.62% |
| Q4 2016 | 2016-12-31 | $3.08B | $953.0M | +44.85% |
| Q3 2016 | 2016-09-30 | $2.55B | $171.0M | +7.18% |
| Q2 2016 | 2016-06-30 | $2.14B | −$379.0M | −15.07% |
| Q1 2016 | 2016-03-31 | $2.44B | −$483.0M | −16.50% |
| Q4 2015 | 2015-12-31 | $2.13B | — | — |
| Q3 2015 | 2015-09-30 | $2.38B | — | — |
| Q2 2015 | 2015-06-30 | $2.52B | — | — |
| Q1 2015 | 2015-03-31 | $2.93B | — | — |
Alphabet capital expenditures (capex) trends
Over the last five fiscal years, Alphabet's capital expenditures (capex) increased from $22.28B to $91.45B, a change of $69.17B. The latest reported quarter, Q2 2026, shows $44.92B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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