Big Tech Capital Expenditures
Quarterly capital expenditures of Microsoft, Alphabet, Amazon and Meta, exactly as reported in their SEC cash-flow statements — a combined $610.9B over the trailing twelve months (through Q3 2026, 99% vs the prior year). Updated
Quarterly capital expenditures
| Quarter (period end) | MSFT | GOOGL | AMZN | META | Combined |
|---|---|---|---|---|---|
| Q3 2026 (2026-09-30) | $39.4B | $51.4B | $77.3B | $33.9B | $201.9B |
| Q2 2026 (2026-06-30) | $35.8B | $44.9B | $54.2B | $30.1B | $165.1B |
| Q1 2026 (2026-03-31) | $30.9B | $35.7B | $44.2B | $19.0B | $129.8B |
| Q4 2025 (2025-12-31) | $29.9B | $27.9B | — | $21.4B | — |
| Q3 2025 (2025-09-30) | $19.4B | $24.0B | $35.1B | $18.8B | $97.3B |
| Q2 2025 (2025-06-30) | $17.1B | $22.4B | $32.2B | $16.5B | $88.2B |
| Q1 2025 (2025-03-31) | $16.7B | $17.2B | $25.0B | $12.9B | $71.9B |
| Q4 2024 (2024-12-31) | $15.8B | $14.3B | — | $14.4B | — |
| Q3 2024 (2024-09-30) | $14.9B | $13.1B | $22.6B | $8.3B | $58.9B |
| Q2 2024 (2024-06-30) | $13.9B | $13.2B | $17.6B | $8.2B | $52.9B |
| Q1 2024 (2024-03-31) | $11.0B | $12.0B | $14.9B | $6.4B | $44.3B |
| Q4 2023 (2023-12-31) | $9.7B | $11.0B | — | $7.6B | — |
Methodology
“Capital expenditures” is each company’s as-reported payments to acquire property, plant and equipment from the quarterly cash-flow statement (SEC EDGAR / XBRL) — we do not estimate, adjust, or attribute spending to any purpose. Quarters are aligned by the calendar quarter each fiscal period ends in; Microsoft’s fiscal year ends in June, so its March quarter is fiscal Q3. Trailing-12-month figures sum each company’s own latest four reported quarters. New quarters appear as 10-Q/10-K filings are processed. Missing cells mean the figure was not yet reported or not tagged in the filing.
Source: SEC EDGAR / XBRL cash-flow statements (reported facts). Informational only — not financial advice.