Investing

CapEx

Salesforce CapEx increased by 1.4% to $141.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 31.2%, from $205.00M to $141.00M. Over 4 years (FY 2022 to FY 2026), CapEx shows a downward trend with a -3.6% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2026Mar 2, 2026

How to read this metric

An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.

Detailed definition

This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...

Peer comparison

Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.

Metric ID: 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$171.00M$213.00M$166.00M$137.00M$179.00M$203.00M$198.00M$209.00M$243.00M$180.00M$166.00M$232.00M$163.00M$137.00M$204.00M$205.00M$179.00M$135.00M$139.00M$141.00M
QoQ Change+24.6%-22.1%-17.5%+30.7%+13.4%-2.5%+5.6%+16.3%-25.9%-7.8%+39.8%-29.7%-16.0%+48.9%+0.5%-12.7%-24.6%+3.0%+1.4%
YoY Change+4.7%-4.7%+19.3%+52.6%+35.8%-11.3%-16.2%+11.0%-32.9%-23.9%+22.9%-11.6%+9.8%-1.5%-31.9%-31.2%
Range$135.00M$243.00M
CAGR-4.0%
Avg YoY Growth-0.6%
Median YoY Growth-3.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Salesforce's capex?
Salesforce (CRM) reported capex of $141.00M in Q4 2025.
How has Salesforce's capex changed year-over-year?
Salesforce's capex decreased by 31.2% year-over-year, from $205.00M to $141.00M.
What is the long-term trend for Salesforce's capex?
Over 4 years (2022 to 2026), Salesforce's capex has grown at a -3.6% compound annual growth rate (CAGR), from $687.00M to $594.00M.
What does capex mean?
Cash spent on purchasing or maintaining physical assets like machinery and facilities.