Amazon's purchases of property and equipment in the first quarter of 2026 were $44.2 billion in a single quarter
This figure is the "Purchases of property and equipment" line in the cash flow statement of Amazon's 10-Q filing for the first quarter of 2026, which shows $44.2 billion. Amazon's own "cash capital expenditures" measure, which nets out proceeds from property and equipment sales and incentives, was $43.2 billion, up from $24.3 billion a year earlier. The company says it mainly reflects technology infrastructure for AWS.
Verified 2026-10-24
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Capital expenditure is money spent on buildings and equipment; Amazon's goes largely into AI and cloud data centres.
- Price
- $268.22
- 30D
- +4.67%
- AI share of revenue
- Not disclosed
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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
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