Citigroup CapEx increased by 0.9% to $1.63B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.4%, from $1.69B to $1.63B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 12.2% 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $941.00M | $1.04B | $1.31B | $1.23B | $1.24B | $1.20B | $1.97B | $1.63B | $1.49B | $1.69B | $1.77B | $1.61B | $1.64B | $1.56B | $1.69B | $1.52B | $1.76B | $1.62B | $1.63B |
| QoQ Change | — | +10.5% | +25.8% | -6.0% | +0.6% | -2.8% | +63.5% | -16.8% | -8.8% | +13.5% | +4.3% | -9.0% | +2.3% | -5.0% | +8.1% | -10.1% | +15.7% | -7.9% | +0.9% |
| YoY Change | — | — | — | — | +31.3% | +15.6% | +50.2% | +33.0% | +20.6% | +40.8% | -10.2% | -1.7% | +10.3% | -7.8% | -4.4% | -5.6% | +6.8% | +3.6% | -3.4% |