Intuit CapEx increased by 21.1% to $46.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 48.4%, from $31.00M to $46.00M. Over 2 years (FY 2022 to FY 2024), CapEx shows an upward trend with a 11.3% 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| Q1 '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 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $30.00M | $42.00M | $65.00M | $61.00M | $0.00 | $77.00M | $55.00M | $88.00M | $0.00 | $84.00M | $63.00M | $61.00M | $0.00 | $33.00M | $31.00M | $35.00M | $38.00M | $46.00M |
| QoQ Change | — | +40.0% | +54.8% | -6.2% | -100.0% | — | -28.6% | +60.0% | -100.0% | — | -25.0% | -3.2% | -100.0% | — | -6.1% | +12.9% | +8.6% | +21.1% |
| YoY Change | — | — | — | +103.3% | — | +83.3% | -15.4% | +44.3% | — | +9.1% | +14.5% | -30.7% | — | -60.7% | -50.8% | -42.6% | +15.2% | +48.4% |