Hyperscaler capex

Alphabet capex, CY2025 Q3

Alphabet reported $24B of capex for CY2025 Q3, the quarter covering July to September 2025. Guidance given that day: $91B to $93B 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 Q3$24B
Guided, CY2025$91B to $93B
Announced29 Oct 2025

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Every field, with its source

Source per value
Reported quarter
CY2025 Q3 1
Calendar quarter
2025 Q3 1
Announced
2025-10-29 1
“October 29, 2025”
Capex (USD million)
24,000 1
“$24 billion”
Guidance period
CY2025 1
Guidance low (USD million)
91,000 1
“$91 billion to $93 billion”
Guidance high (USD million)
93,000 1
“$91 billion to $93 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 Q3 accessed 2026-11-11

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