The five hyperscalers' debt less their cash, in years of their profit. Below zero they hold more cash than debt.
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5 companies counted for Q2 2026. Dollar figures are the trailing twelve months, or at the period end for balance-sheet items.
| Company | Net income | Net debt | Its own figure | Share of market cap |
|---|---|---|---|---|
| AlphabetGOOGL | $244.12B | −$129.72B | -0.5× | 36.9% |
| MicrosoftMSFT | $133.75B | −$20.02B | -0.1× | 23.6% |
| AmazonAMZN | $135.28B | $100.24B | 0.7× | 21.8% |
| Meta PlatformsMETA | $68.10B | $22.06B | 0.3× | 12.2% |
| OracleORCL | $16.98B | $124.30B | 7.3× | 5.5% |