Other

CapEx

Thermo Fisher Scientific CapEx decreased by 19.1% to $376.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.9%, from $362.00M to $376.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows a downward trend with a -11.8% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 1, 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
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$540.00M$524.00M$831.00M$640.00M$506.00M$547.00M$550.00M$458.00M$284.00M$332.00M$405.00M$347.00M$301.00M$272.00M$480.00M$362.00M$294.00M$404.00M$465.00M$376.00M
QoQ Change-3.0%+58.6%-23.0%-20.9%+8.1%+0.5%-16.7%-38.0%+16.9%+22.0%-14.3%-13.3%-9.6%+76.5%-24.6%-18.8%+37.4%+15.1%-19.1%
YoY Change-6.3%+4.4%-33.8%-28.4%-43.9%-39.3%-26.4%-24.2%+6.0%-18.1%+18.5%+4.3%-2.3%+48.5%-3.1%+3.9%
Range$272.00M$831.00M
CAGR-7.3%
Avg YoY Growth-8.8%
Median YoY Growth-4.7%

Frequently Asked Questions

What is Thermo Fisher Scientific's capex?
Thermo Fisher Scientific (TMO) reported capex of $376.00M in Q1 2026.
How has Thermo Fisher Scientific's capex changed year-over-year?
Thermo Fisher Scientific's capex increased by 3.9% year-over-year, from $362.00M to $376.00M.
What is the long-term trend for Thermo Fisher Scientific's capex?
Over 4 years (2021 to 2025), Thermo Fisher Scientific's capex has grown at a -11.8% compound annual growth rate (CAGR), from $2.52B to $1.53B.
What does capex mean?
Cash spent on purchasing or maintaining long-term physical assets.