Capex tracker
How much does Alphabet spend on capex each quarter?
Alphabet reported $51.4 billion of capex (“purchases of property and equipment”) for the quarter ended Sep 30, 2026, up 114% from $24.0 billion a year earlier. The figure is from its 10-Q filed with the SEC on Oct 29, 2026.
What was Alphabet’s capex in each recent quarter?
Alphabet’s quarterly capex is up 114% from a year earlier
| Quarter ended | Calendar quarter | Purchases of property and equipment | Filing |
|---|---|---|---|
| Sep 30, 2026 | Q3 2026 | $51.4 billion | 10-Q, filed Oct 29, 2026 |
| Jun 30, 2026 | Q2 2026 | $44.9 billion | 10-Q, filed Jul 23, 2026 |
| Mar 31, 2026 | Q1 2026 | $35.7 billion | 10-Q, filed Apr 30, 2026 |
| Dec 31, 2025 | Q4 2025 | $27.9 billion | 10-K, filed Feb 5, 2026 |
| Sep 30, 2025 | Q3 2025 | $24.0 billion | 10-Q, filed Oct 29, 2026 |
| Jun 30, 2025 | Q2 2025 | $22.4 billion | 10-Q, filed Jul 23, 2026 |
| Mar 31, 2025 | Q1 2025 | $17.2 billion | 10-Q, filed Apr 30, 2026 |
Line used: “Purchases of property and equipment”. Cash paid for property and equipment, from the investing section of the cash flow statement. Quarters are placed in the calendar quarter that holds most of the period; the table gives the true period end. Each quarter is the difference between year-to-date totals in the filing linked in the last column.
What capex does Alphabet expect in 2026?
Alphabet’s latest earnings release (Oct 28, 2026) does not state a full-year capex figure, so none is shown. The Census does not use remarks from earnings calls or analyst estimates.
How big are Alphabet’s lease commitments that have not started?
Alphabet reported $130.5 billion of leases not yet commenced as of Sep 30, 2026. Future lease payments on leases, primarily for data centers and energy infrastructure, that had not yet commenced. Expected to commence between 2026 and 2031, with non-cancelable terms of 1 to 26 years. 10-Q filed Oct 29, 2026, Management’s discussion, liquidity and capital resources.
A signed lease that has not begun is not on the balance sheet and is not in capex. Definitions differ by company, so compare with care.
Which data centers is Alphabet building?
14 tracked projects name Alphabet as a developer, operator or tenant in the Census. The largest by published capacity:
- Project Tembo, Wyoming · 2,700 MW published
- Goodnight Campus, Texas · 1,030 MW published
- Project Cannoli, Michigan · 1,000 MW published
- Project Mica, Missouri · 700 MW published
- Google Botetourt County Data Center Campus, Virginia · 300 MW published
- Google Chesterfield County data center campuses, Virginia
- Google Fort Wayne data center, Indiana
- Google Franklin Township data center, Indiana
- Google Hermantown Data Center, Minnesota
- Google Kansas City Data Center (Hunt Midwest Business Center), Missouri
- Google Morgan County Data Center, Indiana
- Google Palo data center campus, Iowa
Alphabet capex: common questions
How much did Alphabet spend on capex last quarter?
Alphabet reported $51.4 billion on “purchases of property and equipment” for the quarter ended Sep 30, 2026, up 114% from $24.0 billion a year earlier. The figure comes from its filing with the SEC.
What capex does Alphabet expect in 2026?
Alphabet’s latest earnings release (Oct 28, 2026) does not state a full-year capex figure, so the Census shows none.
What are Alphabet’s lease commitments that have not started?
Alphabet reported $130.5 billion of leases not yet commenced as of Sep 30, 2026. Future lease payments on leases, primarily for data centers and energy infrastructure, that had not yet commenced. Expected to commence between 2026 and 2031, with non-cancelable terms of 1 to 26 years.
Is Alphabet’s capex all AI spending?
No. The figure is total capex from the cash flow statement. Alphabet does not split it into AI and other spending in the line used here, so the Census does not call it AI capex.
Sources: Alphabet 10-Q for the quarter ended Sep 30, 2026 · Alphabet third-quarter 2026 earnings release (EX-99.1).
Related: All companies · Microsoft · Amazon · Meta · Oracle · CoreWeave
Cite this page
Last updated Oct 31, 2026. Figures may change as records are updated — include the date you retrieved them.
| APA | Data Center Census. (2026). Alphabet capex. Retrieved from https://datacentercensus.com/ai-capex/alphabet |
|---|---|
| MLA | “Alphabet capex.” Data Center Census, Oct 31, 2026, https://datacentercensus.com/ai-capex/alphabet. |
| Link | https://datacentercensus.com/ai-capex/alphabet |
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