Alphabet (GOOGL) Capital Expenditures (2014 - 2026)
Alphabet's Capital Expenditures came in at $44.92 billion for Q2 2026, up 100.1% from $22.45 billion a year earlier and up 25.9% from the prior quarter.
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Analysis
Alphabet (GOOGL) Capital Expenditures (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Alphabet reported Capital Expenditures of $132.4 billion, up 97.7% year-over-year; for FY2025, it came in at $91.45 billion, up 74.1% from FY2024.
- Capital Expenditures has increased in each of the last five years, with a five-year compound annual growth rate of 32.6% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $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 represents the highest quarterly Capital Expenditures in data going back to Q4 2014.
- Year-over-year, Capital Expenditures has increased for 13 consecutive quarters, with growth averaging 73.9% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q1 2026 (growth of 107.4%), and the weakest in Q1 2023 (a decline of 35.7%).
- Business Quant data shows GOOGL's Capital Expenditures at $35.67 billion (Q1 2026), $27.85 billion (Q4 2025) and $23.95 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 218.64 Mn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | - |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 4.00 Mn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 70.00 Mn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 76.00 Mn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | -23.25 Mn |
| 10 | Airbnb | 95.83 Bn | 49.06 Bn | 2.98 Bn | - |
Historic Data
Download Data
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 |
API Access
Alphabet 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=GOOGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "GOOGL", "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=GOOGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();