Alphabet since 2022: revenue +42%, employees +0%, capital spending ×2.9
This chart follows Alphabet from its fiscal 2022 along three lines, each set to 100 in that year: revenue, fiscal year-end employees, and cash purchases of property and equipment. It shows how much of the company's growth since 2022 came from machines rather than people, one point per filed annual report, and refreshes as each new 10-K lands.
What does it show?
From fiscal 2022 to fiscal 2025, Alphabet's revenue changed +42% and its capital spending ×2.9, while its year-end headcount changed +0%.
Methodology
Three annual series for Alphabet, each divided by its own fiscal-2022 value and multiplied by 100, one point per filed fiscal year from 2022 to 2025. Revenue and purchases of property and equipment are the latest-filed annual 10-K facts from the SEC companyfacts API (revenue: RevenueFromContractWithCustomerExcludingAssessedTax, Revenues or SalesRevenueNet; capital spending: PaymentsToAcquirePropertyPlantAndEquipment or its variants), keyed by period end. Employees are the fiscal year-end workforce disclosure extracted from each 10-K found through the SEC submissions API, using the same company-specific patterns as the Big Tech scale chart. Capital spending is cash purchases of property and equipment; assets acquired under finance leases are not included, which understates Microsoft's and Amazon's datacenter build-out. Headcount is a year-end count, not an annual average, and company definitions differ (Amazon counts full- and part-time staff; Apple full-time equivalents). Fiscal years end in December. The chart compares growth paths; it does not attribute the gap between them to AI, interest rates or any other cause.
