Investing
CapEx
GE Vernova CapEx decreased by 40.8% to $397.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 113.4%, from $186.00M to $397.00M. Over 3 years (FY 2022 to FY 2025), CapEx shows an upward trend with a 35.5% 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
17 periods
| 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 | $128.25M | $128.25M | $128.25M | $128.25M | $124.00M | $159.00M | $181.00M | $280.00M | $217.00M | $157.00M | $159.00M | $350.00M | $186.00M | $173.00M | $247.00M | $671.00M | $397.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -3.3% | +28.2% | +13.8% | +54.7% | -22.5% | -27.6% | +1.3% | +120.1% | -46.9% | -7.0% | +42.8% | +171.7% | -40.8% |
| YoY Change | — | — | — | — | -3.3% | +24.0% | +41.1% | +118.3% | +75.0% | -1.3% | -12.2% | +25.0% | -14.3% | +10.2% | +55.3% | +91.7% | +113.4% |
Range$124.00M – $671.00M
CAGR+32.6%
Avg YoY Growth+40.2%
Median YoY Growth+25.0%
CapEx at Other Companies
Frequently Asked Questions
- What is GE Vernova's capex?
- GE Vernova (GEV) reported capex of $397.00M in Q1 2026.
- How has GE Vernova's capex changed year-over-year?
- GE Vernova's capex increased by 113.4% year-over-year, from $186.00M to $397.00M.
- What is the long-term trend for GE Vernova's capex?
- Over 3 years (2022 to 2025), GE Vernova's capex has grown at a 35.5% compound annual growth rate (CAGR), from $513.00M to $1.28B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.