Other

CapEx

Best Buy CapEx decreased by 6.9% to $175.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $178.00M to $175.00M. Over 4 years (FY 2022 to FY 2026), CapEx shows relatively stable performance with a -1.1% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2026Mar 18, 2026

How to read this metric

High levels indicate aggressive growth or maintenance investment, while low levels may signal capital efficiency or underinvestment in infrastructure.

Detailed definition

Capital expenditures represent the cash outflows used to acquire, upgrade, or maintain physical assets such as property,...

Peer comparison

Commonly reported as 'Capital Expenditures' or 'Purchases of Property, Plant, and Equipment' in the investing section of the cash flow statement.

Metric ID: anet_capital_expenditures

Historical Data

20 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$161.00M$162.00M$225.00M$189.00M$215.00M$226.00M$255.00M$234.00M$204.00M$191.00M$217.00M$183.00M$152.00M$183.00M$193.00M$178.00M$166.00M$175.00M$188.00M$175.00M
QoQ Change+0.6%+38.9%-16.0%+13.8%+5.1%+12.8%-8.2%-12.8%-6.4%+13.6%-15.7%-16.9%+20.4%+5.5%-7.8%-6.7%+5.4%+7.4%-6.9%
YoY Change+33.5%+39.5%+13.3%+23.8%-5.1%-15.5%-14.9%-21.8%-25.5%-4.2%-11.1%-2.7%+9.2%-4.4%-2.6%-1.7%
Range$152.00M$255.00M
CAGR+1.8%
Avg YoY Growth+0.6%
Median YoY Growth-3.5%

Frequently Asked Questions

What is Best Buy's capex?
Best Buy (BBY) reported capex of $175.00M in Q4 2025.
How has Best Buy's capex changed year-over-year?
Best Buy's capex decreased by 1.7% year-over-year, from $178.00M to $175.00M.
What is the long-term trend for Best Buy's capex?
Over 4 years (2022 to 2026), Best Buy's capex has grown at a -1.1% compound annual growth rate (CAGR), from $737.00M to $704.00M.
What does capex mean?
Cash spent on purchasing or maintaining long-term physical assets.