Amazon's purchases of property and equipment across 2025 came to $131.81 billion in one year
This figure is the "Purchases of property and equipment" line in the cash flow statement of Amazon's 2025 Form 10-K, which shows $131.81 billion for the year. Amazon's own "cash capital expenditures" measure, which nets out proceeds from property and equipment sales and incentives, was $128.3 billion. The company says the spending mainly reflects technology infrastructure, the majority of it for AWS.
Verified 2026-10-24
Track with InsiderWhy it matters
Amazon's yearly spending on buildings and equipment is a direct measure of how much it is investing in cloud and AI.
- Price
- $268.22
- 30D
- +4.67%
- AI share of revenue
- Not disclosed
PRICES 15-MIN DELAYED · EODHD
More on Capital
- While Amazon, Microsoft, Meta, Alphabet and Oracle have all sharply increased AI capital spending, Apple's cash paid for property, plant and equipment in the nine months to 27 June 2026 actually fell, to Apple's nine-month capex of $6.8 billion, down 28% from $9.47 billion a year earlier
- A Brookings Papers draft by Columbia's Stijn Van Nieuwerburgh projects that the US AI build-out of 2025 to 2032 will absorb, every year, 3.63% of GDP, versus 2.24% for the railroads of 1870–1890
- Global private investment in AI reached $344.7 billion in 2025, up 127.5% year-over-year, with generative AI companies alone capturing $170.9 billion of that total
The AI boom,with receipts.
6 sourced facts every weekday, plus the Weekly Brief, AI company deep dives and so much more. Free.
Free · No card · Unsubscribe anytime · See today's issue →
Join now and you start with 100 Receipts on The Receipts Ledger — your first step toward a free year of Insider or Pro. How it works →