Nasdaq, Inc. CapEx decreased by 32.6% to $60.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.4%, from $49.00M to $60.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 13.0% CAGR.
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
capital_expenditures| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $39.00M | $32.00M | $50.00M | $35.00M | $42.00M | $41.00M | $34.00M | $40.00M | $39.00M | $37.00M | $42.00M | $39.00M | $52.00M | $56.00M | $60.00M | $49.00M | $59.00M | $69.00M | $89.00M | $60.00M |
| QoQ Change | — | -17.9% | +56.3% | -30.0% | +20.0% | -2.4% | -17.1% | +17.6% | -2.5% | -5.1% | +13.5% | -7.1% | +33.3% | +7.7% | +7.1% | -18.3% | +20.4% | +16.9% | +29.0% | -32.6% |
| YoY Change | — | — | — | — | +7.7% | +28.1% | -32.0% | +14.3% | -7.1% | -9.8% | +23.5% | -2.5% | +33.3% | +51.4% | +42.9% | +25.6% | +13.5% | +23.2% | +48.3% | +22.4% |