What is Alphabet Inc.'s capex?

Alphabet Inc. (GOOG) reported capex of $35.67B in Q1 2026.

How has Alphabet Inc.'s capex changed year-over-year?

Alphabet Inc.'s capex increased by 107.4% year-over-year, from $17.2B to $35.67B.

What is the long-term trend for Alphabet Inc.'s capex?

Over 4 years (2021 to 2025), Alphabet Inc.'s capex has grown at a 38.8% compound annual growth rate (CAGR), from $24.64B to $91.45B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Alphabet Inc. GOOG CapEx

CapEx at other companies

MicrosoftMSFT

$30.88B+84.4%

AmazonAMZN

$44.2B+76.7%

Meta Platforms, Inc.META

$19B+46.8%

AppleAAPL

$1.97B-35.8%

WYF

WhiteFiber, Inc. Ordinary SharesWYFI

$169.17M+237%

SHA

SharonAI Holdings, Inc. Class A Common StockSHAZ

$66.71K+102%

Other financials

Income statement

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Revenue$109.90B+21.8%

Gross profit$68.6B+27.4%

Operating income$39.7B+29.7%

Net income$62.6B+81.2%

EPS (diluted)$5.11+81.9%

Balance sheet

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Cash & equivalents$38.1B+63.6%

Total debt$97.9B+456%

Total equity$478.75B+38.7%

Total assets$703.92B+48.1%

Cash flow

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Operating cash flow$45.8B+26.7%

Free cash flow$10.1B-46.6%

Valuation

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Market cap$4.18T+105%

Enterprise value$4.24T+109%

P/E26.1×+7.7×

P/S9.9×+4.2×

Profitability

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Gross margin60.4%+1.8pp

Operating margin32.7%0.0pp

Net margin37.9%+7.1pp

FCF margin15.2%-5.6pp

Returns & leverage

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Return on equity38.9%+4.1pp

Debt / equity0.2×+0.2×

Current ratio1.9×+0.2×

Where this comes from

Reported directly by Alphabet Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Alphabet Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alphabet Inc.'s capex?: Alphabet Inc. (GOOG) reported capex of $35.67B in Q1 2026.
How has Alphabet Inc.'s capex changed year-over-year?: Alphabet Inc.'s capex increased by 107.4% year-over-year, from $17.2B to $35.67B.
What is the long-term trend for Alphabet Inc.'s capex?: Over 4 years (2021 to 2025), Alphabet Inc.'s capex has grown at a 38.8% compound annual growth rate (CAGR), from $24.64B to $91.45B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.