SEC annual filings · payments to acquire property, plant and equipment

How much cash have Alphabet, Amazon, Meta Platforms and Microsoft paid for property and equipment?

In 2025 (fiscal years ended by ), Alphabet, Amazon, Meta Platforms and Microsoft together paid $357.5 billion for property, plant and equipment, as they filed it with the SEC.

Cash paid for property and equipment by the four companies together, each fiscal year

16 fiscal years, 2010 to 20252025 drawn open: not final

Cash paid for property and equipment by the four companies together, each fiscal year, 2010 to 2025

Cash paid for property and equipment by all SEC filers together, each fiscal year

16 fiscal years, 2010 to 20252025 drawn open: not final

Cash paid for property and equipment by all SEC filers together, each fiscal year, 2010 to 2025

Each column is one fiscal year, placed in the calendar year it ends in. A year with no column is one in which a company of the four has no value. Pointing at a column shows its year and sum. Every year is under "The numbers behind the chart".

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Observed .

Right now

Alphabet, Amazon, Meta Platforms and Microsoft together paid $357.5 billion for property, plant and equipment in 2025.

The 3,876 SEC filers that give a value paid $1.4 trillion in 2025, the four companies included.

Capital spending here is what a company paid for buildings, equipment and similar assets in its fiscal year, as its cash flow statement reports it, in US dollars. Some large spenders report it in a way these pages do not read, so they can be missing.

See every year

What is counted

It leaves out finance leases and similar additions that pay no cash, which many published figures include, and every forecast or plan: only what a filing reports as paid.

The companies file no line for artificial intelligence. These pages show all of their capital spending, whatever it was for, and make no claim about how much of it was for any one purpose.

The pages give no reason for a rise or a fall: a reason is told only where a filing says it, and none is quoted here.

As filed

Facts as filed with the SEC, and our arithmetic on them. Not investment advice.

Each company's figure is for its own fiscal year, placed in the calendar year the fiscal year ends in, so the figures of the four companies do not end on the same day: the table gives the day each one ends. A year ending in the first week of January is placed in the year before.

A year in which a company has no value is shown as missing, never as zero, and the combined line is drawn for a year only when all four companies have a value for it. A value is missing when the company filed none that these pages read, or when a check refused it.

2025 is not final: some filers have not filed that year yet and some have stopped filing, and a year is shown only when it holds at least four fifths as many filers as the year before. Oracle, Apple, NVIDIA and Tesla are shown beside the four and are not in the combined line.

Understanding the capital spending

Where it stands today

Alphabet, Amazon, Meta Platforms and Microsoft together paid $357.5 billion for property, plant and equipment in 2025.

How are these figures made?

A company that files with the SEC reports the cash it paid for property, plant and equipment in its cash flow statement. The page takes that figure from the SEC's data for each company and each fiscal year, after the checks.

Read more

The sum of all filers counts every SEC filer that gives a value for the year, after the checks and the reviewed lists. The latest fiscal year in it ended on .

The numbers behind the chart

Which fiscal year does each company's figure cover?8 companies
The eight companies, 2025: the day the fiscal year ends and the cash paid (dollars as filed)
CompanyIn the combined lineFiscal year endedPaid, 2025
Alphabet Inc.Yes$91.4B
Amazon.com, Inc.Yes$132B
Meta Platforms, Inc.Yes$69.7B
Microsoft CorpYes$64.6B
Oracle CorpNo$21.2B
Apple Inc.No$12.7B
NVIDIA CorpNo$3.24B
Tesla, Inc.No$8.53B

Alphabet, Amazon, Meta Platforms and Microsoft are the combined line. Oracle, Apple, NVIDIA and Tesla are shown beside them and are not added to it. A company's name that is a link has a page here.

How much did each company pay in each year?16 years, newest first
The four companies by fiscal year, newest first, with the sum of the four and of all SEC filers (dollars as filed)
YearAlphabet Inc.Amazon.com, Inc.Meta Platforms, Inc.Microsoft CorpThe four togetherAll SEC filersFilers
2025$91.4B$132B$69.7B$64.6B$358B$1.42T3,876
2024$52.5B$83.0B$37.3B$44.5B$217B$1.20T4,285
2023$32.3B$52.7B$27.0B$28.1B$140B$1.13T4,576
2022$31.5B$63.6B$31.2B$23.9B$150B$1.06T4,779
2021$24.6B$61.1B$18.7B$20.6B$125B$875B4,835
2020$22.3B$40.1B$15.2B$15.4B$93.0B$801B4,844
2019$23.5B$16.9B$15.1B$13.9B$69.4B$899B4,764
2018$25.1B$13.4B$13.9B$11.6B$64.1B$902B4,669
2017$13.2B$12.0B$6.73B$8.13B$40.0B$802B4,687
2016$10.2B$7.80B$4.49B$8.34B$30.9B$805B4,808
2015$9.95B$4.59B$2.52B$5.94B$23.0B$880B5,023
2014$11.0B$4.89B$1.83B$5.49B$23.2B$948B5,290
2013$7.36B$3.44B$1.36B$4.26B$16.4B$877B5,401
2012–$3.79B$1.24B$2.31B–$882B5,547
2011–$1.81B$606M$2.35B–$779B5,598
2010–$979M$293M$1.98B–$685B4,875

The table scrolls sideways; the first column stays in place.

The other four large technology spenders by fiscal year, newest first (dollars as filed)
YearOracle CorpApple Inc.NVIDIA CorpTesla, Inc.
2025$21.2B$12.7B$3.24B$8.53B
2024$6.87B$9.45B$1.07B$11.3B
2023$8.70B$11.0B$1.83B$8.90B
2022$4.51B$10.7B$976M$7.16B
2021$2.13B$11.1B–$6.48B
2020$1.56B$7.31B–$3.16B
2019$1.66B$10.5B–$1.33B
2018$1.74B$13.3B–$2.10B
2017$2.02B$12.5B–$3.42B
2016$1.19B$12.7B–$1.28B
2015$1.39B$11.2B–$1.63B
2014$580M$9.57B–$970M
2013$650M$8.16B–$264M
2012$648M$8.29B$139M$239M
2011$450M$4.26B$97.9M$184M
2010$230M$2.00B$77.6M$40.2M

The table scrolls sideways; the first column stays in place.

The largest capital spenders of 2025.

What do these figures leave out, and where are they from?Limits and source

What this number cannot tell you

  • Capital spending here is the cash a company paid for property, plant and equipment in its fiscal year, the line of its cash flow statement that the SEC data labels payments to acquire property, plant and equipment, in US dollars as the company filed it.
  • It leaves out finance leases and similar additions that pay no cash, which many published figures include, and every forecast or plan: only what a filing reports as paid.
  • The companies file no line for artificial intelligence. These pages show all of their capital spending, whatever it was for, and make no claim about how much of it was for any one purpose.
  • The SEC data holds this figure under two labels. A company is read under the label for property, plant and equipment, and in a year in which it has none under that label, under the label for productive assets (Amazon files its line under that one). The two are never added.
  • Each company's figure is for its own fiscal year, placed in the calendar year the fiscal year ends in, so the figures of the four companies do not end on the same day: the table gives the day each one ends. A year ending in the first week of January is placed in the year before.
  • A year in which a company has no value is shown as missing, never as zero, and the combined line is drawn for a year only when all four companies have a value for it. A value is missing when the company filed none that these pages read, or when a check refused it.
  • A company that files this figure under a label we do not read is not counted, so some large spenders are missing.
  • A parent and a subsidiary that both file are both counted unless the subsidiary is on a reviewed list, so a subsidiary not on it is counted again inside its parent's figure. A company is counted once when two filing numbers give the same figure for the same period under the same name apart from its legal form (Inc, Corp, plc).
  • A reviewed list of 72 trusts and funds whose shares trade like stocks is left out. A reviewed list of 31 filers whose capital spending is part of another filer's is left out of the years in which that filer has a value.
  • A period is counted only when it is a full year of 350 to 380 days that ends within sixty days of the company's fiscal year end. A value is left out when a check refuses it: the SEC data's own checks, a company whose newest figure is a jump nothing confirms, or a value that is not above zero in the ranking.
  • 2025 is not final: some filers have not filed that year yet and some have stopped filing, and a year is shown only when it holds at least four fifths as many filers as the year before.
  • The number of filers differs from year to year (see the Filers column), so the sum of all filers can move because of the filers counted as well as the amounts.
  • A company's own page can name a year otherwise: a year shown here under one name can carry another name on its company page, and its capital spending there is read under the property label alone.

Observed .

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