Capital Expenditures for Alphabet (GOOGL)
According to Alphabet's latest reported financial statements, the company's current capital expenditures (TTM) is $91.45B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
GOOGL
Currently viewingCapital ExpendituresSwitch metric
Latest period
$91.45B
YoY change
+74.1%
5Y CAGR
+32.6%
Peak year (2025)
$91.45B
Cumulative capital expenditures
$374.54B
CapEx history chart for Alphabet (GOOGL) from 2001 to 2025
CapEx history table for Alphabet (GOOGL) from 2001 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $91.45B | +74.1% | ||
| 2024 | $52.53B | +62.9% | ||
| 2023 | $32.25B | +2.4% | ||
| 2022 | $31.48B | +27.8% | ||
| 2021 | $24.64B | +10.6% | ||
| 2020 | $22.28B | -5.4% | ||
| 2019 | $23.55B | -6.3% | ||
| 2018 | $25.14B | +90.7% | ||
| 2017 | $13.18B | +29.1% | ||
| 2016 | $10.21B | +3.0% | ||
| 2015 | $9.91B | -9.5% | ||
| 2014 | $10.96B | +48.9% | ||
| 2013 | $7.36B | +124.8% | ||
| 2012 | $3.27B | -4.8% | ||
| 2011 | $3.44B | -14.4% | ||
| 2010 | $4.02B | +396.1% | ||
| 2009 | $809.89M | -65.7% | ||
| 2008 | $2.36B | -1.8% | ||
| 2007 | $2.40B | +26.3% | ||
| 2006 | $1.90B | +127.0% | ||
| 2005 | $838.22M | +162.8% | ||
| 2004 | $319.00M | +80.4% | ||
| 2003 | $176.80M | +375.3% | ||
| 2002 | $37.20M | +186.1% | ||
| 2001 | $13.00M | — |
CapEx values are taken from Alphabet's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Alphabet (GOOGL) capital expenditures is $91.45B – surged 74.1% year-over-year.
Alphabet capital expenditures compound annual growth for the 2020–2025 (5 years) window is +32.6%, sustaining 5 straight years of year-over-year growth.
2025 marks the peak capital expenditures at $91.45B, with the historical low of $13.00M recorded in 2001.
Alphabet (GOOGL) sits 1st of 8 Communication Services peers we track on this metric, against a peer median of $10.85B.
Alphabet Capital Expenditures by Year
Alphabet Capital Expenditures 2025: $91.45B
Alphabet capital expenditures in 2025 was $91.45B, surged 74.1% from 2024. This figure represents the highest annual value in the available history.
Alphabet Capital Expenditures 2024: $52.53B
Alphabet capital expenditures in 2024 was $52.53B, surged 62.9% from 2023.
Alphabet Capital Expenditures 2023: $32.25B
Alphabet capital expenditures in 2023 was $32.25B, edged up 2.4% from 2022.
Alphabet Capital Expenditures 2022: $31.48B
Alphabet capital expenditures in 2022 was $31.48B, grew 27.8% from 2021.
Alphabet Capital Expenditures 2021: $24.64B
Alphabet capital expenditures in 2021 was $24.64B.
See more financial history for Alphabet (GOOGL).
Sector peers — CapEx
Companies in the same sector as Alphabet, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Meta Platforms, Inc. (META) | $69.69B | Communication Services |
| AT&T Inc. (T) | $20.84B | Communication Services |
| Verizon Communications Inc. (VZ) | $17.01B | Communication Services |
| Comcast Corporation (CMCSA) | $11.75B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $9.96B | Communication Services |
| The Walt Disney Company (DIS) | $8.02B | Communication Services |
| Netflix, Inc. (NFLX) | $688.22M | Communication Services |
| Spotify Technology S.A. (SPOT) | $61.00M | Communication Services |
Frequently asked questions
What is Alphabet's capital expenditures?
- Latest reported capital expenditures for Alphabet (GOOGL) is $91.45B (period ending March 31, 2026).
How has Alphabet capital expenditures changed year-over-year?
- Alphabet (GOOGL) capital expenditures changed +74.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Alphabet capital expenditures?
- Alphabet (GOOGL) capital expenditures compound annual growth rate is +32.6% over the most recent 5 years available.
When did Alphabet capital expenditures hit its highest annual value?
- Alphabet capital expenditures reached its highest annual value of $91.45B in 2025.
What was Alphabet capital expenditures in 2024?
- Alphabet (GOOGL) capital expenditures in 2024 was $52.53B.
What was Alphabet capital expenditures in 2025?
- Alphabet (GOOGL) capital expenditures in 2025 was $91.45B.
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