How much of the five hyperscalers' operating cash flow goes straight back out as capital spending. Above 100% they spend more than they make.
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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 | Operating cash flow | Capex | Its own figure | Share of market cap |
|---|---|---|---|---|
| AlphabetGOOGL | $185.68B | $132.40B | 71.3% | 36.9% |
| MicrosoftMSFT | $182.94B | $115.95B | 63.4% | 23.6% |
| AmazonAMZN | $161.40B | $169.01B | 104.7% | 21.8% |
| Meta PlatformsMETA | $130.30B | $89.33B | 68.6% | 12.2% |
| OracleORCL | $31.98B | $55.66B | 174.1% | 5.5% |