Block CapEx decreased by 25.8% to $30.57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $31.88M to $30.57M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 3.7% 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 | $32.48M | $31.40M | $36.29M | $41.19M | $44.23M | $36.29M | $49.11M | $32.25M | $29.52M | $37.68M | $51.69M | $32.00M | $38.36M | $56.60M | $26.99M | $31.88M | $31.31M | $50.65M | $41.20M | $30.57M |
| QoQ Change | — | -3.3% | +15.6% | +13.5% | +7.4% | -18.0% | +35.3% | -34.3% | -8.5% | +27.6% | +37.2% | -38.1% | +19.9% | +47.6% | -52.3% | +18.1% | -1.8% | +61.8% | -18.7% | -25.8% |
| YoY Change | — | — | — | — | +36.2% | +15.6% | +35.3% | -21.7% | -33.3% | +3.8% | +5.3% | -0.8% | +29.9% | +50.2% | -47.8% | -0.4% | -18.4% | -10.5% | +52.6% | -4.1% |