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Hyperscaler Capex, Leases and Purchase Obligations
Capital spending over the last twelve months, and commitments disclosed at the latest quarter end, $ billions, by company
Source: SEC EDGAR, each company's 10-Q and 10-K filings. Capex is capital spending over the last twelve months, a flow; leases signed but not yet commenced and purchase obligations are future payments the company has committed to, as each discloses them at its latest quarter end. Filed figures only, no forecasts. Purchase obligations are shown where filings carry a comparable figure (not Microsoft or Alphabet).
What each cloud giant spent on capital over the past year, stacked with the data-center leases it has signed that have not started and the purchases it has committed to: all from filings, no forecasts.
| Item | Capex, last twelve months | Leases signed, not yet commenced | Purchase obligations | Total | Period |
|---|---|---|---|---|---|
| Meta | $89B | $279B | $349B | $718B | Q2 2026 |
| Microsoft | $116B | $329B | — | $445B | Q2 2026 |
| Amazon | $173B | $137B | $130B | $440B | Q2 2026 |
| Oracle | $76B | $288B | $34B | $398B | Q3 2026, 2026 |
| Alphabet | $132B | $85B | — | $218B | Q2 2026 |
What this chart reads·13 series
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- Microsoft capex (trailing 12 months)as “Capex, last twelve months”latest 2026-06-30
- Microsoft Leases Signed, Not Yet Commencedas “Leases signed, not yet commenced”latest 2026-06-30
- Alphabet capex (trailing 12 months)as “Capex, last twelve months”latest 2026-06-30
- Alphabet Leases Signed, Not Yet Commencedas “Leases signed, not yet commenced”latest 2026-06-30
- Amazon capex (trailing 12 months)as “Capex, last twelve months”latest 2026-06-30
- Amazon Leases Signed, Not Yet Commencedas “Leases signed, not yet commenced”latest 2026-06-30
- Amazon Purchase Obligationsas “Purchase obligations”latest 2026-06-30
- Meta capex (trailing 12 months)as “Capex, last twelve months”latest 2026-06-30
- Meta Leases Signed, Not Yet Commencedas “Leases signed, not yet commenced”latest 2026-06-30
- Meta Purchase Obligationsas “Purchase obligations”latest 2026-06-30
- Oracle capex (trailing 12 months)as “Capex, last twelve months”latest 2026-08-31
- Oracle Leases Signed, Not Yet Commencedas “Leases signed, not yet commenced”latest 2026-08-31
- Oracle Purchase Obligationsas “Purchase obligations”latest 2026-08-31
Sources·13 sources
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Microsoft capex (trailing 12 months). Source: Palanor reads XBRL filings from SEC EDGAR, a public-domain repository. The series draws on cash purchases of property and equipment (us-gaap PaymentsToAcquirePropertyPlantAndEquipment or PaymentsToAcquireProductiveAssets) from Microsoft's 10-Q and 10-K filings.
Microsoft Leases Signed, Not Yet Commenced. Source: U.S. Securities and Exchange Commission, EDGAR: the XBRL instance document of each 10-Q and 10-K, which carries the dimensioned and company-extension facts SEC's companyfacts API leaves out; calculated by Palanor. SEC filings are public information: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (sec.gov/privacy).
Alphabet capex (trailing 12 months). Source: Palanor reads XBRL filings from SEC EDGAR (public domain). The series comes from cash-flow statements in Alphabet's 10-Q and 10-K filings.
Alphabet Leases Signed, Not Yet Commenced. Source: U.S. Securities and Exchange Commission, EDGAR: the XBRL instance document of each 10-Q and 10-K, which carries the dimensioned and company-extension facts SEC's companyfacts API leaves out; calculated by Palanor. SEC filings are public information: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (sec.gov/privacy).
Amazon capex (trailing 12 months). Source: Palanor reads XBRL filings from SEC EDGAR, a public-domain repository. The series uses the PaymentsToAcquirePropertyPlantAndEquipment or PaymentsToAcquireProductiveAssets element that Amazon files under US GAAP.
Amazon Leases Signed, Not Yet Commenced. Source: U.S. Securities and Exchange Commission, EDGAR: the XBRL instance document of each 10-Q and 10-K, which carries the dimensioned and company-extension facts SEC's companyfacts API leaves out; calculated by Palanor. SEC filings are public information: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (sec.gov/privacy).
Amazon Purchase Obligations. Source: U.S. Securities and Exchange Commission, EDGAR: the XBRL instance document of each 10-Q and 10-K, which carries the dimensioned and company-extension facts SEC's companyfacts API leaves out; calculated by Palanor. SEC filings are public information: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (sec.gov/privacy).
Meta capex (trailing 12 months). Source: Palanor reads quarterly and annual XBRL filings from SEC EDGAR, extracting cash purchases of property and equipment from the cash-flow statement. Data sync weekly via automated process.
Meta Leases Signed, Not Yet Commenced. Source: U.S. Securities and Exchange Commission, EDGAR: the XBRL instance document of each 10-Q and 10-K, which carries the dimensioned and company-extension facts SEC's companyfacts API leaves out; calculated by Palanor. SEC filings are public information: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (sec.gov/privacy).
Meta Purchase Obligations. Source: U.S. Securities and Exchange Commission, EDGAR: the XBRL instance document of each 10-Q and 10-K, which carries the dimensioned and company-extension facts SEC's companyfacts API leaves out; calculated by Palanor. SEC filings are public information: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (sec.gov/privacy).
Oracle capex (trailing 12 months). Source: Palanor reads XBRL filings from SEC EDGAR, a public-domain repository. The figure comes from the company's quarterly and annual cash-flow statements.
Oracle Leases Signed, Not Yet Commenced. Source: U.S. Securities and Exchange Commission, EDGAR: the XBRL instance document of each 10-Q and 10-K, which carries the dimensioned and company-extension facts SEC's companyfacts API leaves out; calculated by Palanor. SEC filings are public information: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (sec.gov/privacy).
Oracle Purchase Obligations. Source: U.S. Securities and Exchange Commission, EDGAR: the XBRL instance document of each 10-Q and 10-K, which carries the dimensioned and company-extension facts SEC's companyfacts API leaves out; calculated by Palanor. SEC filings are public information: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (sec.gov/privacy).
Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.