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Prof G Markets · Monday, July 27, 2026

Big Tech Offloading Risk Through Off-Balance Sheet Debt

A Nikkei Asia investigation revealed that major tech companies like Alphabet, Microsoft, Amazon, Meta, and Oracle are carrying more debt off their balance sheets than on them. These companies have approximately $1.65 trillion in off-balance sheet obligations compared to $1.35 trillion in reported debt.

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3 quotes
An investigation from Nikkei Asia revealed something concerning about some of the world's biggest companies. Alphabet, Microsoft, Amazon, Meta, and Oracle are carrying more debt off their balance sheets than on them.
The companies have roughly $1.65 trillion in off balance sheet obligations compared with the roughly $1.35 trillion in debt that they officially report.
The situation with Meta is particularly concerning with an off balance sheet debt load of $420 billion, roughly three times its reported debt.
Heard on Prof G Markets — “How Big Tech Offloaded The Risk Of AI, published Monday, July 27, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Big Tech Offloading Risk Through Off-Balance Sheet Debt — Heardvine