Line
Hyperscalers: Debt Due Within a Year and Cash
Microsoft, Amazon, Alphabet, Meta and Oracle together, at calendar quarter ends, $ billions
Plays the chart through its history. Pauses are where the data set a record or moved most.
Debt due within a year · Continuation · the recent trend, flattening · 1 year
Cash and cash equivalents · Continuation · the recent trend, flattening · 1 year
Dashed: the projection from the latest reading. Shaded: the range about two in three outcomes land in. A projection, not a promise.
Palanor calculation from SEC EDGAR XBRL 10-Q and 10-K filings: current debt (current portion of long-term debt, commercial paper and short-term borrowings) and cash and cash equivalents, carrying amounts as first reported. Marketable securities, which these companies hold in large amounts, are not in cash. A quarter appears when all five have reported it.
How much the five largest cloud spenders must repay within a year against the cash they hold. The gap is the room they have before maturing debt needs refinancing.
What this chart reads
- Hyperscalers' Debt Due Within a Yearas “Debt due within a year”latest 2026-06-30
- Hyperscalers' Cash and Cash Equivalentsas “Cash and cash equivalents”latest 2026-06-30
Sources
Hyperscalers' Debt Due Within a Year. Source: U.S. Securities and Exchange Commission, EDGAR XBRL financial data (companyfacts API, data.sec.gov) from each company's 10-K and 10-Q filings; 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).
Hyperscalers' Cash and Cash Equivalents. Source: U.S. Securities and Exchange Commission, EDGAR XBRL financial data (companyfacts API, data.sec.gov) from each company's 10-K and 10-Q filings; 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.