Amazon capital expenditure

Amazon capex: quarterly spending and annual estimate

Track Amazon’s reported quarterly and year-to-date capital expenditure, current annual capex estimate, source filings, definitions, and coverage gaps.

Latest period: Q1 2026Reviewed snapshotSnapshot generated:Project lead:Aaron Decker

Amazon.com, Inc. (AMZN)

Reported spend and current outlook

Latest quarter
$44.2B

Q1 2026

Latest YTD
$92.3B

Through Sep 30, 2025

Issuer estimate
$200B

Fiscal 2026

Reviewed observations
59

complete expected-slot coverage

Source-reported history

Available quarterly capital expenditure

USD billions

Bar chart showing the latest eight available source-reported Amazon quarterly capital expenditure observations in billions of US dollars

The chart uses only issuer-reported quarterly durations. It leaves gaps where no standalone quarter was disclosed and does not manufacture a fourth-quarter value by subtracting year-to-date spending from the fiscal-year total.

Quarterly observations

PeriodReported capexNative metricSource
Q1 2026$44.2BPayments to Acquire Productive Assets10-Q
Q3 2025$35.1BPayments to Acquire Productive Assets10-Q
Q2 2025$32.2BPayments to Acquire Productive Assets10-Q
Q1 2025$25BPayments to Acquire Productive Assets10-Q
Q3 2024$22.6BPayments to Acquire Productive Assets10-Q
Q2 2024$17.6BPayments to Acquire Productive Assets10-Q
Q1 2024$14.9BPayments to Acquire Productive Assets10-Q
Q3 2023$12.5BPayments to Acquire Productive Assets10-Q

YTD and fiscal-year context

These reporting horizons overlap with the quarterly series. They are useful checkpoints, but they should not be added to the quarterly bars.

Latest year-to-date
$92.3B

Jan 1, 2025 through Sep 30, 2025

Source
Latest fiscal year
$131.8B

Jan 1, 2025 through Dec 31, 2025

Source

Definitions stay attached to the data

Amazon reports companywide cash purchases of productive assets. The total is not an AWS-only number and can include fulfillment, transportation, corporate, and other assets as well as technology infrastructure.

Payments to Acquire Productive Assets

The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets.

Cash capex · companywide · SEC XBRL Company Facts (US GAAP)

Coverage gaps and cautions

  • Standalone fourth-quarter cash capex is not synthesized when the issuer reports only annual and nine-month totals.
  • Companywide capex is not treated as AI-only, cloud-only, or data-center-only spending.
  • Outlooks are forward-looking claims and remain separate from recognized cash spending.
  • This is an approximate point estimate, not a range and not an AWS-only number.
  • The SEC Company Facts duration is preserved exactly; overlapping reporting horizons must not be summed.

Last successful source sync: July 23, 2026. Latest reviewed evidence: April 30, 2026.

Frequently asked questions

What does Amazon capex include?

Amazon reports companywide cash purchases of productive assets. The total is not an AWS-only number and can include fulfillment, transportation, corporate, and other assets as well as technology infrastructure.

Is all Amazon capex AI or data-center spending?

No. The reported figures are companywide and can include data centers, servers, offices, logistics assets, and other property or equipment. The tracker does not relabel the full amount as AI spending.

How is the Amazon annual capex outlook treated?

Amazon’s current annual figure is an approximate issuer estimate, not formal point guidance and not an AWS-only forecast. It stays labeled as an estimate and separate from actual cash spending.

Are quarterly and year-to-date figures added together?

No. Quarterly, year-to-date, and fiscal-year observations are overlapping reporting horizons. They are displayed separately and are never summed.

Publication policy

Published metrics use reviewed observations. Pending review candidates are excluded from values, and missing disclosures stay missing. We preserve source units and distinguish actual spending, guidance, contractual commitments, trade values, weights, and price indices.

Download the public research snapshot (JSON)

The response supports ETag revalidation and shared caching. Errors and incomplete responses are never cached.

Primary sources

  • SEC EDGAR

    Amazon.com, Inc. filings and SEC Company Facts supply source-reported cash capital expenditures.

  • Amazon Investor Relations

    Official investor materials are used for annual outlooks and the issuer’s native definition.