Alphabet Inc. (GOOG) Capital Expenditures (2014 - 2026)
Alphabet (GOOG) reported Capital Expenditures of $44.92 billion for Q2 2026, up 100.1% from $22.45 billion a year earlier and up 25.9% from the prior quarter.
Alphabet Inc. (GOOG) Capital Expenditures (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Alphabet's Capital Expenditures came in at $132.4 billion, up 97.7% year-over-year; for FY2025, it was $91.45 billion, up 74.1% from FY2024.
- Capital Expenditures has increased for five consecutive years, with a five-year compound annual growth rate of 32.6% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $52.54 billion in FY2024 (+62.9%), $32.25 billion in FY2023 (+2.4%), $31.49 billion in FY2022 (+27.8%) and $24.64 billion in FY2021 (+10.6%).
- The Q2 2026 figure ranks as the highest quarterly Capital Expenditures in data going back to Q4 2014.
- Year over year, Capital Expenditures has now increased in each of the last 13 quarters, with growth averaging 73.9% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q1 2026 (growth of 107.4%); the low point was Q1 2023 (a decline of 35.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $35.67 billion (Q1 2026), $27.85 billion (Q4 2025) and $23.95 billion (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.92 Bn |
| Mar 31, 2026 | 35.67 Bn |
| Dec 31, 2025 | 27.85 Bn |
| Sep 30, 2025 | 23.95 Bn |
| Jun 30, 2025 | 22.45 Bn |
| Mar 31, 2025 | 17.20 Bn |
| Dec 31, 2024 | 14.28 Bn |
| Sep 30, 2024 | 13.06 Bn |
| Jun 30, 2024 | 13.19 Bn |
| Mar 31, 2024 | 12.01 Bn |
| Dec 31, 2023 | 11.02 Bn |
| Sep 30, 2023 | 8.06 Bn |
| Jun 30, 2023 | 6.89 Bn |
| Mar 31, 2023 | 6.29 Bn |
| Dec 31, 2022 | 7.60 Bn |
| Sep 30, 2022 | 7.28 Bn |
| Jun 30, 2022 | 6.83 Bn |
| Mar 31, 2022 | 9.79 Bn |
| Dec 31, 2021 | 6.38 Bn |
| Sep 30, 2021 | 6.82 Bn |
Alphabet Inc. Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=GOOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "GOOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=GOOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();