Apple vs Alphabet — Capital Expenditure Comparison

Apple (AAPL) capital expenditure was $12.7B in FY2025 (+35% YoY); Alphabet (GOOGL) capital expenditure was $91.4B in FY2025 (+74% YoY). The tables below show the complete quarterly and annual capital expenditure history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Apple	Alphabet
2025	$12.7B	$91.4B
2024	$9.4B	$52.5B
2023	$11.0B	$32.3B
2022	$10.7B	$31.5B
2021	$11.1B	$24.6B
2020	$7.3B	$22.3B
2019	$10.5B	$23.5B
2018	$13.3B	$25.1B
2017	$12.8B	$13.2B
2016	$13.5B	$10.2B
2015	$11.5B	$9.9B
2014	$9.8B	$11.0B
2013	$9.1B	$7.4B
2012	$9.4B	$3.3B
2011	$7.5B	$3.4B
2010	$2.1B	$4.0B
2009	$1.2B	$810M
2008	$1.2B	$2.4B
2007	$986M	$2.4B

Apple — Annual Capital Expenditure

Fiscal Year	Capital Expenditure	YoY
2025	$12.7B	+35%
2024	$9.4B	-14%
2023	$11.0B	+2%
2022	$10.7B	-3%
2021	$11.1B	+52%
2020	$7.3B	-30%
2019	$10.5B	-21%
2018	$13.3B	+4%
2017	$12.8B	-6%
2016	$13.5B	+18%
2015	$11.5B	+17%
2014	$9.8B	+8%
2013	$9.1B	-3%
2012	$9.4B	+26%
2011	$7.5B	+251%
2010	$2.1B	+75%
2009	$1.2B	+1%
2008	$1.2B	+22%
2007	$986M

Alphabet — Annual Capital Expenditure

Fiscal Year	Capital Expenditure	YoY
2025	$91.4B	+74%
2024	$52.5B	+63%
2023	$32.3B	+2%
2022	$31.5B	+28%
2021	$24.6B	+11%
2020	$22.3B	-5%
2019	$23.5B	-6%
2018	$25.1B	+91%
2017	$13.2B	+29%
2016	$10.2B	+3%
2015	$9.9B	-10%
2014	$11.0B	+50%
2013	$7.4B	+125%
2012	$3.3B	-5%
2011	$3.4B	-14%
2010	$4.0B	+396%
2009	$810M	-66%
2008	$2.4B	-2%
2007	$2.4B

Source: AAPL on EDGAR · GOOGL on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.