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four hyperscalers Combined D&A: Dollars and a Mechanical YoY Projection

four hyperscalers Combined D&A: Dollars and a Mechanical YoY Projection#

Combined D&A growth is still rising, and the mechanical projection has it higher again by 2027.Draft, pending review

How to read this chart

Bars are combined D&A; the line is YoY growth. Light bars and dashed lines are a mechanical projection built from CapEx already spent plus analyst CapEx estimates, run through each company's fitted depreciation life; not company guidance.

Source: Company filings and analyst estimates (FinSight compilation and estimates) · Updated 2026-09-03