CapEx
Walmart CapEx increased by 34.1% to $6.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.1%, from $4.99B to $6.68B. Over 3 years (FY 2022 to FY 2025), CapEx shows an upward trend with a 22.0% CAGR.
Analysis
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.
capital_expendituresHistorical Data
| 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 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.21B | $5.28B | $4.57B | $1.05B | $3.54B | $5.68B | $5.46B | $2.18B | $4.43B | $6.08B | $6.19B | $3.91B | $4.68B | $6.73B | $7.22B | $5.16B | $4.99B | $6.68B |
| QoQ Change | — | +138.4% | -13.4% | -77.1% | +238.7% | +60.4% | -3.9% | -60.0% | +102.9% | +37.2% | +1.8% | -36.8% | +19.6% | +44.0% | +7.2% | -28.6% | -3.3% | +34.1% |
| YoY Change | — | — | — | — | +59.8% | +7.6% | +19.5% | +108.9% | +25.1% | +7.1% | +13.4% | +79.1% | +5.6% | +10.8% | +16.6% | +31.9% | +6.6% | +34.1% |
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|
| Walmart U.S. | $3.55B | $4.03B | $4.22B | $4.67B | $3.77B | $4.78B | $5.48B | $6.13B |
| Walmart International | $461.00M | $754.00M | $952.00M | $1.01B | $481.00M | $746.00M | $801.00M | $1.17B |
| Total | $4.68B | $6.73B | $7.22B | $5.16B | $4.99B | — | — | — |
Sam's Club is derived from annual filings.
Sam's Club was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
CapEx at Other Companies
Frequently Asked Questions
- What is Walmart 's capex?
- Walmart (WMT) reported capex of $6.68B in Q1 2026.
- How has Walmart 's capex changed year-over-year?
- Walmart 's capex increased by 34.1% year-over-year, from $4.99B to $6.68B.
- What is the long-term trend for Walmart 's capex?
- Over 3 years (2022 to 2025), Walmart 's capex has grown at a 22.0% compound annual growth rate (CAGR), from $13.11B to $23.78B.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.