Discontinued — last reported Q2 '16

Other

CapEx

American Express CapEx increased by 75.7% to $1.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 167.2%, from $430.00M to $1.15B.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ2 2016

How to read this metric

High levels signal aggressive investment in future growth, while low levels may indicate a focus on cash preservation or asset-light strategy.

Detailed definition

Represents cash outflows for the acquisition or maintenance of long-term physical assets such as property, plants, and e...

Peer comparison

Standard metric for capital-intensive industries.

Metric ID: is_anet_capital_expenditures

Historical Data

13 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$447.00M$452.00M$443.00M$360.00M$376.00M$401.00M$396.00M$565.00M$455.00M$430.00M$619.00M$654.00M$1.15B
QoQ Change+1.1%-2.0%-18.7%+4.4%+6.6%-1.2%+42.7%-19.5%-5.5%+44.0%+5.7%+75.7%
YoY Change-19.5%-16.8%-9.5%+10.0%+50.3%+13.5%+8.6%+9.6%+43.7%+167.2%
Range$360.00M$1.15B
CAGR+37.0%
Avg YoY Growth+25.7%
Median YoY Growth+9.8%
Current Streak3 quarters growth

Frequently Asked Questions

What is American Express's capex?
American Express (AXP) reported capex of $1.15B in Q1 2026.
How has American Express's capex changed year-over-year?
American Express's capex increased by 167.2% year-over-year, from $430.00M to $1.15B.
What does capex mean?
Cash spent on purchasing or upgrading long-term physical assets.

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