Amazon capex by quarter
Amazon reported $77.3B of capex for CY2026 Q3, +120% on the same quarter a year earlier. Latest guidance: about $220B for CY2026, given 29 Oct 2026. The table holds 11 quarters from CY2024 Q1 to CY2026 Q3.
Amazon sells AWS cloud services to enterprises and developers and operates retail and logistics businesses. Its reported capex also includes fulfillment infrastructure, so these figures are not AWS-only. Definition: Gross cash purchases of property and equipment for Amazon as a whole, before proceeds from asset sales and incentives; excludes noncash finance-lease asset acquisitions.
Capex by calendar quarter
USD- Amazon
| Calendar quarter | Amazon |
|---|---|
| Q1 2024 | $14.9B |
| Q2 2024 | $17.6B |
| Q3 2024 | $22.6B |
| Q4 2024 | $27.8B |
| Q1 2025 | $25B |
| Q2 2025 | $32.2B |
| Q3 2025 | $35.1B |
| Q4 2025 | $39.5B |
| Q1 2026 | $44.2B |
| Q2 2026 | $54.2B |
| Q3 2026 | $77.3B |
Every reading
Open in the sortable table| Reported quarter | Calendar | Capex | YoY | Guidance | Announced | Source |
|---|---|---|---|---|---|---|
| CY2026 Q3 | Q3 2026 | $77.3B | +120% | about $220B (CY2026) | 29 Oct 2026 | ir.aboutamazon.com |
| CY2026 Q2 | Q2 2026 | $54.2B | +68% | — | 30 Jul 2026 | ir.aboutamazon.com |
| CY2026 Q1 | Q1 2026 | $44.2B | +77% | — | 29 Apr 2026 | ir.aboutamazon.com |
| CY2025 Q4 | Q4 2025 | $39.5B | +42% | about $200B (CY2026) | 5 Feb 2026 | ir.aboutamazon.com |
| CY2025 Q3 | Q3 2025 | $35.1B | +55% | — | 30 Oct 2025 | ir.aboutamazon.com |
| CY2025 Q2 | Q2 2025 | $32.2B | +83% | — | 31 Jul 2025 | ir.aboutamazon.com |
| CY2025 Q1 | Q1 2025 | $25B | +68% | — | 1 May 2025 | ir.aboutamazon.com |
| CY2024 Q4 | Q4 2024 | $27.8B | — | — | — | ir.aboutamazon.com |
| CY2024 Q3 | Q3 2024 | $22.6B | — | — | — | ir.aboutamazon.com |
| CY2024 Q2 | Q2 2024 | $17.6B | — | — | — | ir.aboutamazon.com |
| CY2024 Q1 | Q1 2024 | $14.9B | — | — | — | ir.aboutamazon.com |
Also in US hyperscalers
- Microsoft$45.2B in FY2027 Q1
- Alphabet$51.4B in CY2026 Q3
- Meta$34.9B in CY2026 Q3
- Oracle$28.5B in FY2027 Q1
- US hyperscalers: all companies togethergroup page
- How we define capex per companymethodology