Did the combined purchases of property and equipment of Microsoft, Alphabet, Amazon and Meta for the quarter ended September 30, 2026 exceed their combined net cash provided by operating activities for the same quarter?
Read each company's statement of cash flows for the quarter; where a Form 10-Q gives only year-to-date figures, the quarter is the later cumulative figure less the earlier one from the same fiscal year (for Microsoft, the first quarter of its fiscal 2027).
- The cash still covers it Cloud sales grow fast enough, and contracts arrive early enough, that the spenders' own cash carries the build and services the debt.
- The bill has moved to debt Capital spending now exceeds the cash the spenders earn; bonds, leases and commitments kept off the balance sheet fill the gap.
Put your number from 1 to 99 in the app; the readers, the Call and the machines appear only after you save.