Alphabet (GOOG) Capital Expenditures (2014 - 2026)
Alphabet (GOOG) posted quarterly Capital Expenditures of $44.9 billion for Q2 2026, up 100.14% year-over-year from $22.4 billion in Q2 2025, and up 25.93% quarter-over-quarter from $35.7 billion in Q1 2026.
Analysis
Alphabet (GOOG) Capital Expenditures (2014 - 2026) Analysis & Trends
Alphabet (GOOG) has reported Capital Expenditures for 13 consecutive years, with $44.9 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Capital Expenditures rose 100.14% year-over-year to $44.9 billion; the TTM figure through Jun 2026 stood at $132.4 billion (up 97.67% YoY), while the FY2025 annual figure was $91.4 billion, up 74.07% from the prior year.
- Capital Expenditures improved to $44.9 billion in Q2 2026 per GOOG's latest filing, from $35.7 billion in the prior quarter.
- Across five years, Capital Expenditures topped out at $44.9 billion in Q2 2026 and bottomed at $6.3 billion in Q1 2023.
- Historically, Capital Expenditures has averaged $16.0 billion across 5 years, with a median of $12.5 billion in 2024.
- Annual changes were most pronounced in 2023 — Capital Expenditures sank 35.73% — and 2026, when it soared 107.44%.
- Alphabet's Capital Expenditures stood at $7.6 billion in 2022, then soared by 45.08% to $11.0 billion in 2023, then climbed by 29.56% to $14.3 billion in 2024, then surged by 95.09% to $27.9 billion in 2025, then soared by 61.3% to $44.9 billion in 2026.
- Business Quant data shows GOOG's Capital Expenditures at $44.9 billion in Q2 2026, $35.7 billion in Q1 2026, and $27.9 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -23.25 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -5.66 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 1.13 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 22.95 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 17.31 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 55.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.92 Bn |
| Jun 30, 2026 | 44.92 Bn |
| Mar 31, 2026 | 35.67 Bn |
| Mar 31, 2026 | 35.67 Bn |
| Dec 31, 2025 | 27.85 Bn |
| Dec 31, 2025 | 27.85 Bn |
| Sep 30, 2025 | 23.95 Bn |
| Sep 30, 2025 | 23.95 Bn |
| Jun 30, 2025 | 22.45 Bn |
| Jun 30, 2025 | 22.45 Bn |
| Mar 31, 2025 | 17.20 Bn |
| Mar 31, 2025 | 17.20 Bn |
| Dec 31, 2024 | 14.28 Bn |
| Dec 31, 2024 | 14.28 Bn |
| Sep 30, 2024 | 13.06 Bn |
| Sep 30, 2024 | 13.06 Bn |
| Jun 30, 2024 | 13.19 Bn |
| Jun 30, 2024 | 13.19 Bn |
| Mar 31, 2024 | 12.01 Bn |
| Mar 31, 2024 | 12.01 Bn |