Chart TimelapseBig Tech capital spending, 2007–2025
Together Amazon, Alphabet, Meta, Microsoft and Oracle spent $413B on property and equipment in 2025, up from $95B in 2020. Amazon alone spent $132B.
▶ From the Short: Big Tech’s infrastructure spending is up 4× since 2020
Capital spending, US$. Tap the chart to read values for a year. Add up to 8 companies.
Ranking in 2025
| # | Company | Capital spending, US$ |
|---|---|---|
| 1 | Amazon | $132B |
| 2 | Alphabet | $91.4B |
| 3 | Meta | $69.7B |
| 4 | Microsoft | $64.6B |
| 5 | Oracle | $55.7B |
| 6 | Apple | $12.7B |
Cash spent on property and equipment. Microsoft and Oracle have non-calendar fiscal years, which the SEC maps to the nearest calendar year.
Source: Company 10-K filings via SEC EDGAR (XBRL, calendar-year frames). Public domain. Values are as published; gaps mean the source has no figure for that year.
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