Hyperscale operator capital expenditure (quarterly)

Over the last three years, quarterly hyperscale operator capex has ballooned, growing by almost 180% and reaching $142 billion in Q3 of this year.

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APA

Synergy Research Group. (2025). Hyperscale Spending Spree is Driving Dramatic Growth in Data Center Capacity. Retrieved September 15, 2026, from https://www.srgresearch.com/articles/hyperscale-spending-spree-is-driving-dramatic-growth-in-data-center-capacity. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XCJ329G1VRE4150CQ0Y

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MLA

Synergy Research Group. "Hyperscale Spending Spree is Driving Dramatic Growth in Data Center Capacity." 2025, https://www.srgresearch.com/articles/hyperscale-spending-spree-is-driving-dramatic-growth-in-data-center-capacity. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XCJ329G1VRE4150CQ0Y.

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Chicago

Synergy Research Group. "Hyperscale Spending Spree is Driving Dramatic Growth in Data Center Capacity." 2025. https://www.srgresearch.com/articles/hyperscale-spending-spree-is-driving-dramatic-growth-in-data-center-capacity. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XCJ329G1VRE4150CQ0Y.

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BibTeX

@misc{synergyresearch2025hyperscale50cq0y, author = {{Synergy Research Group}}, title = {Hyperscale Spending Spree is Driving Dramatic Growth in Data Center Capacity}, year = {2025}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XCJ329G1VRE4150CQ0Y}, note = {Original source: https://www.srgresearch.com/articles/hyperscale-spending-spree-is-driving-dramatic-growth-in-data-center-capacity. Accessed September 15, 2026.} }

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Record last modified 15 September 2026. Value type: actual. Update cadence: quarterly. This page is permanently addressable at statorigin.org/stat/stat_01M2KJ7XCJ329G1VRE4150CQ0Y.