Who is on this page
This industry starts with four companies: Alphabet, Microsoft, Amazon, and Meta. Each one files its own results, and each one sells both a consumer franchise and a large infrastructure business. Alphabet's latest quarter was $119.8 billion of revenue. Microsoft's latest fiscal year was $331.8 billion. Amazon's latest quarter was $200.6 billion of net sales. Meta's latest quarter was $60.80 billion. Those are company figures, not a combined industry total.
The businesses that pay for the buildout
The consumer and advertising lines are still the bulk of reported revenue. Alphabet's Google Services revenue was $94.5 billion in the quarter, against Google Cloud at $24.8 billion. Meta's Family of Apps revenue was $60.37 billion, against Reality Labs at $431 million. Amazon's North America segment was $116.2 billion, against AWS at $42.2 billion. Microsoft does not print a standalone Azure dollar line; Nadella said Azure revenue surpassed $100 billion in the fiscal year, and Intelligent Cloud was $39.3 billion in the quarter.
What they spent in the latest reported period
Alphabet's purchases of property and equipment were $44,924 million in the quarter ended June 30, 2026. Meta's capital expenditures, including finance-lease principal, were $31.08 billion in the same quarter, and the July 29 outlook put 2026 capex, on that same definition, at $130 billion to $145 billion. Microsoft's release used here states revenue and operating income, not a full-year capital-expenditure total. Amazon's release used here states the sales and operating-income lines, not a revised 2026 cash capital-expenditure guide.
What this page is not
AI Labs remains the page for frontier model labs, including Google DeepMind and OpenAI. These four companies are not added to that industry by this package. Semiconductors and the datacenters tracker are also unchanged. Apple is not a member. Google DeepMind, Waymo, and Amazon Leo keep their own pages, and this package does not set parent links.
What is still open
None of the four had reported the quarter ended September 30, 2026 in the filings opened for this page. Alphabet has scheduled that call for October 28, 2026. Logos, product photos, fuller product lines, and the parent links from DeepMind, Waymo, and Amazon Leo are follow-up work, not part of this first industry record.