Questions

Each page answers one plain question with a rule printed in full, applied to the five hyperscalers on their shared calendar. The verdict is a count of companies meeting the rule, never a blended score, so every input can be checked against its company page.

Latest quarter complete for all five: Sep 2026. Filings through October 30, 2026.

• Are the hyperscalers spending more than they make?

  In the quarter ended Sep 2026, 4 of the 5 spent more than their operations generated.

• Is AI capex being funded with debt?

  In the quarter ended Sep 2026, 2 of the 4 that could be judged both outspent operations and added long-term debt.

• Is hyperscaler capex still accelerating?

  In the quarter ended Sep 2026, all 5 spent at least 25% more than a year earlier.