Investing
CapEx
Salesforce CapEx increased by 1.4% to $141.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $154.00M to $141.00M. Over 4 years (FY 2022 to FY 2026), CapEx shows a downward trend with a -3.5% 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 | $171.00M | $213.00M | $166.00M | $167.00M | $179.00M | $203.00M | $198.00M | $218.00M | $243.00M | $180.00M | $166.00M | $147.00M | $163.00M | $137.00M | $204.00M | $154.00M | $179.00M | $135.00M | $139.00M | $141.00M |
| QoQ Change | — | +24.6% | -22.1% | +0.6% | +7.2% | +13.4% | -2.5% | +10.1% | +11.5% | -25.9% | -7.8% | -11.4% | +10.9% | -16.0% | +48.9% | -24.5% | +16.2% | -24.6% | +3.0% | +1.4% |
| YoY Change | — | — | — | — | +4.7% | -4.7% | +19.3% | +30.5% | +35.8% | -11.3% | -16.2% | -32.6% | -32.9% | -23.9% | +22.9% | +4.8% | +9.8% | -1.5% | -31.9% | -8.4% |
Range$135.00M – $243.00M
CAGR-4.0%
Avg YoY Growth-2.2%
Median YoY Growth-3.1%
Current Streak2 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is Salesforce's capex?
- Salesforce (CRM) reported capex of $141.00M in Q1 2026.
- How has Salesforce's capex changed year-over-year?
- Salesforce's capex decreased by 8.4% year-over-year, from $154.00M to $141.00M.
- What is the long-term trend for Salesforce's capex?
- Over 4 years (2022 to 2026), Salesforce's capex has grown at a -3.5% compound annual growth rate (CAGR), from $699.00M to $607.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.