Hyperscaler capex

Alphabet capex, CY2026 Q2

Alphabet reported $44.9B of capex for CY2026 Q2, the quarter covering April to June 2026. That is +100% on the $22.4B of the same quarter a year earlier (CY2025 Q2). Guidance given that day: $195B to $205B for CY2026.

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, CY2026 Q2$44.9B
Year on year+100%
Guided, CY2026$195B to $205B
Announced22 Jul 2026

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Every field, with its source

Source per value
Reported quarter
CY2026 Q2 1
Calendar quarter
2026 Q2 1
Announced
2026-07-22 1
“July 22, 2026”
Capex (USD million)
44,900 1
“$44.9 billion”
Guidance period
CY2026 1
Guidance low (USD million)
195,000 1
“$195‑205 billion”
Guidance high (USD million)
205,000 1
“$195‑205 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 CY2026 Q2 accessed 2026-11-11

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