Investing
CapEx
Intel CapEx increased by 49.9% to $3.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 29.8%, from $5.18B to $3.64B. Over 3 years (FY 2021 to FY 2024), CapEx shows an upward trend with a 8.5% 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
19 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.60B | $4.01B | $7.15B | $4.60B | $7.24B | $7.30B | $5.70B | $7.41B | $5.89B | $5.75B | $6.70B | $5.97B | $5.68B | $6.46B | $5.83B | $5.18B | $3.55B | $2.43B | $3.64B |
| QoQ Change | — | +11.2% | +78.6% | -35.6% | +57.3% | +0.8% | -21.9% | +30.1% | -20.6% | -2.3% | +16.4% | -10.8% | -4.8% | +13.7% | -9.7% | -11.2% | -31.5% | -31.7% | +49.9% |
| YoY Change | — | — | — | — | +101.1% | +82.2% | -20.3% | +61.0% | -18.7% | -21.2% | +17.5% | -19.5% | -3.5% | +12.3% | -12.9% | -13.2% | -37.5% | -62.4% | -29.8% |
Range$2.43B – $7.41B
CAGR+0.2%
Avg YoY Growth+2.3%
Median YoY Growth-13.2%
CapEx at Other Companies
Frequently Asked Questions
- What is Intel's capex?
- Intel (INTC) reported capex of $3.64B in Q1 2026.
- How has Intel's capex changed year-over-year?
- Intel's capex decreased by 29.8% year-over-year, from $5.18B to $3.64B.
- What is the long-term trend for Intel's capex?
- Over 3 years (2021 to 2024), Intel's capex has grown at a 8.5% compound annual growth rate (CAGR), from $18.73B to $23.94B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.