Monday, 9 November 2026
Silicon Analytica
Every AI story is a chip story.
Chart 6 · World & market

Microsoft, Alphabet, Amazon and Meta Platforms spent $201.9B on property and equipment in Q3 2026, up 108% from a year earlier

Q1 2024 – Q3 2026

US$ per calendar quarter, purchases of property and equipmentMicrosoftAlphabetAmazonMeta Platforms$0$100B$200B$300BQ1 ’24Q3 ’24Q1 ’25Q3 ’25Q1 ’26Q3 ’26Microsoft, Q1 ’24: $11.0B (Reported)Alphabet, Q1 ’24: $12.0B (Reported)Amazon, Q1 ’24: $14.9B (Reported)Meta Platforms, Q1 ’24: $6.4B (Reported)$44BMicrosoft, Q2 ’24: $13.9B (Calculated)Alphabet, Q2 ’24: $13.2B (Calculated)Amazon, Q2 ’24: $17.6B (Reported)Meta Platforms, Q2 ’24: $8.2B (Calculated)$53BMicrosoft, Q3 ’24: $14.9B (Reported)Alphabet, Q3 ’24: $13.1B (Calculated)Amazon, Q3 ’24: $22.6B (Reported)Meta Platforms, Q3 ’24: $8.3B (Calculated)$59BMicrosoft, Q4 ’24: $15.8B (Reported)Alphabet, Q4 ’24: $14.3B (Calculated)Amazon, Q4 ’24: $27.8B (Calculated)Meta Platforms, Q4 ’24: $14.4B (Calculated)$72BMicrosoft, Q1 ’25: $16.7B (Reported)Alphabet, Q1 ’25: $17.2B (Reported)Amazon, Q1 ’25: $25.0B (Reported)Meta Platforms, Q1 ’25: $12.9B (Reported)$72BMicrosoft, Q2 ’25: $17.1B (Calculated)Alphabet, Q2 ’25: $22.4B (Calculated)Amazon, Q2 ’25: $32.2B (Reported)Meta Platforms, Q2 ’25: $16.5B (Calculated)$88BMicrosoft, Q3 ’25: $19.4B (Reported)Alphabet, Q3 ’25: $24.0B (Calculated)Amazon, Q3 ’25: $35.1B (Reported)Meta Platforms, Q3 ’25: $18.8B (Calculated)$97BMicrosoft, Q4 ’25: $29.9B (Reported)Alphabet, Q4 ’25: $27.9B (Calculated)Amazon, Q4 ’25: $39.5B (Calculated)Meta Platforms, Q4 ’25: $21.4B (Calculated)$119BMicrosoft, Q1 ’26: $30.9B (Reported)Alphabet, Q1 ’26: $35.7B (Reported)Amazon, Q1 ’26: $44.2B (Reported)Meta Platforms, Q1 ’26: $19.0B (Reported)$130BMicrosoft, Q2 ’26: $35.8B (Calculated)Alphabet, Q2 ’26: $44.9B (Calculated)Amazon, Q2 ’26: $54.2B (Reported)Meta Platforms, Q2 ’26: $30.1B (Calculated)$165BMicrosoft, Q3 ’26: $39.4B (Reported)Alphabet, Q3 ’26: $51.4B (Calculated)Amazon, Q3 ’26: $77.3B (Reported)Meta Platforms, Q3 ’26: $33.9B (Calculated)$201.9BSource: company filings (10-Q, 10-K cash-flow statements, SEC XBRL) · Silicon Analytica calculationsSilicon Analyticasiliconanalytica.com/data/charts/hyperscaler-capex
  • Calculated where a filing shows only year-to-date cash flows, the quarter is the year-to-date total minus the previous year-to-date total (marked Calculated in the table); totals are sums of the four companies.
View sources (27)
  • Amazon Form 10-Q · Cash flow statement: Purchases of property and equipment, three months ended 2025-09-30 (+1 more) · Q3 2025, Q3 2026 · published 30 Oct 2026
  • Alphabet Form 10-Q · Cash flow statement: Purchases of property and equipment, year-to-date · Q3 2025, Q3 2026 · published 29 Oct 2026
  • Microsoft Form 10-Q · Cash flow statement: Additions to property and equipment, three months ended 2025-09-30 (+1 more) · Q3 2025, Q3 2026 · published 28 Oct 2026
  • Meta Platforms Form 10-Q · Cash flow statement: Purchases of property and equipment, net, year-to-date · Q3 2025, Q3 2026 · published 22 Oct 2026
  • Amazon Form 10-Q · Cash flow statement: Purchases of property and equipment, three months ended 2025-06-30 (+1 more) · Q2 2025, Q2 2026 · published 31 Jul 2026
  • Meta Platforms Form 10-Q · Cash flow statement: Purchases of property and equipment, net, year-to-date · Q2 2025, Q2 2026 · published 30 Jul 2026
  • Microsoft Form 10-K · Cash flow statement: Additions to property and equipment, year-to-date · Q2 2024, Q2 2025, Q2 2026 · published 29 Jul 2026
  • Alphabet Form 10-Q · Cash flow statement: Purchases of property and equipment, year-to-date · Q2 2025, Q2 2026 · published 23 Jul 2026
  • Alphabet Form 10-Q · Cash flow statement: Purchases of property and equipment, three months ended 2025-03-31 (+1 more) · Q1 2025, Q1 2026 · published 30 Apr 2026
  • Amazon Form 10-Q · Cash flow statement: Purchases of property and equipment, three months ended 2025-03-31 (+1 more) · Q1 2025, Q1 2026 · published 30 Apr 2026
  • Meta Platforms Form 10-Q · Cash flow statement: Purchases of property and equipment, net, three months ended 2025-03-31 (+1 more) · Q1 2025, Q1 2026 · published 30 Apr 2026
  • Microsoft Form 10-Q · Cash flow statement: Additions to property and equipment, three months ended 2025-03-31 (+1 more) · Q1 2025, Q1 2026 · published 29 Apr 2026
  • Amazon Form 10-K · Cash flow statement: Purchases of property and equipment, year-to-date · Q4 2024, Q4 2025 · published 6 Feb 2026
  • Alphabet Form 10-K · Cash flow statement: Purchases of property and equipment, year-to-date · Q4 2024, Q4 2025 · published 5 Feb 2026
  • Meta Platforms Form 10-K · Cash flow statement: Purchases of property and equipment, net, year-to-date · Q4 2024, Q4 2025 · published 29 Jan 2026
  • Microsoft Form 10-Q · Cash flow statement: Additions to property and equipment, three months ended 2024-12-31 (+1 more) · Q4 2024, Q4 2025 · published 28 Jan 2026
  • Amazon Form 10-Q · Cash flow statement: Purchases of property and equipment, three months ended 2024-09-30 · Q3 2024 · published 31 Oct 2025
  • Alphabet Form 10-Q · Cash flow statement: Purchases of property and equipment, year-to-date · Q3 2024 · published 30 Oct 2025
  • Meta Platforms Form 10-Q · Cash flow statement: Purchases of property and equipment, net, year-to-date · Q3 2024 · published 30 Oct 2025
  • Microsoft Form 10-Q · Cash flow statement: Additions to property and equipment, three months ended 2024-09-30 · Q3 2024 · published 29 Oct 2025
  • Amazon Form 10-Q · Cash flow statement: Purchases of property and equipment, three months ended 2024-06-30 · Q2 2024 · published 1 Aug 2025
  • Meta Platforms Form 10-Q · Cash flow statement: Purchases of property and equipment, net, year-to-date · Q2 2024 · published 31 Jul 2025
  • Alphabet Form 10-Q · Cash flow statement: Purchases of property and equipment, year-to-date · Q2 2024 · published 24 Jul 2025
  • Amazon Form 10-Q · Cash flow statement: Purchases of property and equipment, three months ended 2024-03-31 · Q1 2024 · published 2 May 2025
  • Meta Platforms Form 10-Q · Cash flow statement: Purchases of property and equipment, net, three months ended 2024-03-31 · Q1 2024 · published 1 May 2025
  • Microsoft Form 10-Q · Cash flow statement: Additions to property and equipment, three months ended 2024-03-31 · Q1 2024 · published 30 Apr 2025
  • Alphabet Form 10-Q · Cash flow statement: Purchases of property and equipment, three months ended 2024-03-31 · Q1 2024 · published 25 Apr 2025

The four companies' combined purchases of property and equipment were $201.9B in Q3 2026, against $97.3B in Q3 2025.

Amazon spent the most in Q3 2026 ($77.3B).

Quarters are calendar quarters; Microsoft's fiscal year ends in June, so its fiscal quarters are shifted by six months but cover the same calendar months shown.

Purchases of property and equipment are cash-flow figures as each company labels them (Meta reports them net of proceeds); finance leases are not included.

Related

Companies:NVIDIABroadcomAMDTSMC
Compare:NVIDIA vs AMDBroadcom vs NVIDIA

More world & market charts