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GOOGLEarnings2025-10-29
The CFO raises the 2025 capital spending outlook and comments on the direction of spending for the following year.
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Anat Ashkenazi · Alphabet Investor Relations · Alphabet 2025 Q3 Earnings Call
“We now expect CapEx to be in the range of $91 billion to $93 billion in 2025, up from our previous estimate of $85 billion, keeping in mind that the timing of cash payments can cause variability in the reported CapEx number. Looking out to 2026, we expect a significant increase in CapEx”
Key terms
- CapEx
- — Capital expenditure: money spent on long-lived assets such as buildings, servers and equipment.
Educational summary of a public statement. Not investment advice.