Hyperscaler capex

Alphabet capex, CY2025 Q2

Alphabet reported $22.4B of capex for CY2025 Q2, the quarter covering April to June 2025. Guidance given that day: about $85B for CY2025.

Alphabet sells Google Cloud infrastructure and enterprise software, alongside search and digital advertising services. Capex is reported for the whole group, including its consumer and AI businesses.

Capex, CY2025 Q2$22.4B
Guided, CY2025about $85B
Announced23 Jul 2025

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Verified

Every field, with its source

Source per value
Reported quarter
CY2025 Q2 1
Calendar quarter
2025 Q2 1
Announced
2025-07-23 1
“July 23, 2025”
Capex (USD million)
22,400 1
“$22.4 billion”
Guidance period
CY2025 1
Guidance point (USD million)
85,000 1
“$85 billion”
Capex definition
Reported Alphabet-wide capital expenditures, predominantly technical infrastructure; includes investment supporting Google Services, Google Cloud and AI. 1

Sources

  1. Alphabet investor relations: Alphabet CY2025 Q2 accessed 2026-11-11

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