Capital · out

~$188B/yr out: ~$132B capex + ~$10B dividends + ~$17B buybacks (TTM); buybacks slowing

high confidence · as of 2026-07-26 · about Google

Sourced figures 1

stockanalysis.com GOOGL cash-flow statement capex $132,402M + dividends $10,303M + buybacks $17,403M (TTM ended Jun 30 2026); FY25 buybacks were $45,709M — repurchases cut sharply as capex rose
2026-06 high

the working

Threads 9

Apple × Gemini developing
Frontier Gatekeeping open
Hyperscaler Capex open
Google Capex developing
Where the Capex Lands open
Compute Spend open
In-House Silicon open
Big Tech into Health open
Google Health open

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