Alphabet vs Meta — Capital Expenditure Comparison

Alphabet (GOOGL) capital expenditure was $91.4B in FY2025 (+74% YoY); Meta (META) capital expenditure was $69.7B in FY2025 (+87% 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	Alphabet	Meta
2025	$91.4B	$69.7B
2024	$52.5B	$37.3B
2023	$32.3B	$27.0B
2022	$31.5B	$31.2B
2021	$24.6B	$18.7B
2020	$22.3B	$15.2B
2019	$23.5B	$15.1B
2018	$25.1B	$13.9B
2017	$13.2B	$6.7B
2016	$10.2B	$4.5B
2015	$9.9B	$2.5B
2014	$11.0B	$1.8B
2013	$7.4B	$1.4B
2012	$3.3B	$1.2B
2011	$3.4B	$606M
2010	$4.0B	$293M
2009	$810M	—
2008	$2.4B	—
2007	$2.4B	—

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

Meta — Annual Capital Expenditure

Fiscal Year	Capital Expenditure	YoY
2025	$69.7B	+87%
2024	$37.3B	+38%
2023	$27.0B	-13%
2022	$31.2B	+67%
2021	$18.7B	+23%
2020	$15.2B	+0%
2019	$15.1B	+9%
2018	$13.9B	+107%
2017	$6.7B	+50%
2016	$4.5B	+78%
2015	$2.5B	+38%
2014	$1.8B	+34%
2013	$1.4B	+10%
2012	$1.2B	+104%
2011	$606M	+107%
2010	$293M

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