GOOG · 10-Q · 2026Q1 · Full report
Datacenter Capacity Expansion
Alphabet Inc. · 2026-04-30 · Importance 89 · Surprise 82 · Matches filing data
Capital expenditures surged as Alphabet increased investment in servers, network equipment and data centers — capital spending was $35.7 billion in the three months ended March 31, 2026 versus $17.2 billion a year earlier. The company has entered into leases primarily related to data centers that have not yet commenced with future lease payments of $75.6 billion, with those leases set to commence between 2026 and 2031. Assets not yet in service may take months to years to come online, consistent with multi‑year data center construction projects, and the company’s purchase commitments and long‑term supplier agreements primarily relate to technical infrastructure. These capacity additions support growth in Google Services and Google Cloud, including increased AI infrastructure needs.
Key facts
- As of March 31, 2026, Alphabet had entered into leases primarily related to data centers that have not yet commenced with future lease payments of $75.6 billion that will commence between 2026 and 2031. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | -9.1% | As of March 31, 2026, Alphabet had entered into leases primarily related to data centers that have not yet commenced with future lease… |