Investing
CapEx
Comcast CapEx decreased by 37.3% to $2.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $2.25B to $2.35B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 6.4% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
20 periods
| 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 | $2.14B | $2.14B | $3.03B | $1.86B | $2.41B | $2.79B | $3.57B | $2.66B | $2.96B | $3.30B | $3.32B | $2.63B | $2.72B | $2.91B | $3.91B | $2.25B | $2.68B | $3.07B | $3.75B | $2.35B |
| QoQ Change | — | -0.1% | +41.4% | -38.7% | +30.1% | +15.6% | +27.7% | -25.3% | +11.2% | +11.2% | +0.8% | -20.8% | +3.6% | +6.9% | +34.4% | -42.5% | +18.9% | +14.7% | +22.1% | -37.3% |
| YoY Change | — | — | — | — | +12.6% | +30.3% | +17.7% | +43.5% | +22.7% | +18.1% | -6.9% | -1.3% | -8.1% | -11.6% | +17.9% | -14.4% | -1.7% | +5.4% | -4.2% | +4.4% |
Range$1.86B – $3.91B
CAGR+2.0%
Avg YoY Growth+7.8%
Median YoY Growth+4.9%
CapEx at Other Companies
Frequently Asked Questions
- What is Comcast's capex?
- Comcast (CMCSA) reported capex of $2.35B in Q1 2026.
- How has Comcast's capex changed year-over-year?
- Comcast's capex increased by 4.4% year-over-year, from $2.25B to $2.35B.
- What is the long-term trend for Comcast's capex?
- Over 4 years (2021 to 2025), Comcast's capex has grown at a 6.4% compound annual growth rate (CAGR), from $9.17B to $11.75B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.