Investing
CapEx
Johnson & Johnson CapEx decreased by 42.9% to $1.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.9%, from $795.00M to $1.05B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 7.3% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
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:
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 | $813.00M | $747.00M | $1.42B | $607.00M | $863.00M | $952.00M | $1.59B | $863.00M | $1.12B | $967.00M | $1.59B | $807.00M | $976.00M | $1.03B | $1.61B | $795.00M | $1.04B | $1.16B | $1.84B | $1.05B |
| QoQ Change | — | -8.1% | +89.4% | -57.1% | +42.2% | +10.3% | +66.7% | -45.6% | +30.2% | -14.0% | +64.3% | -49.2% | +20.9% | +5.4% | +56.7% | -50.7% | +31.2% | +10.9% | +58.8% | -42.9% |
| YoY Change | — | — | — | — | +6.2% | +27.4% | +12.2% | +42.2% | +30.2% | +1.6% | +0.1% | -6.5% | -13.2% | +6.4% | +1.4% | -1.5% | +6.9% | +12.4% | +14.0% | +31.9% |
Range$607.00M – $1.84B
CAGR+5.5%
Avg YoY Growth+10.7%
Median YoY Growth+6.6%
CapEx at Other Companies
Frequently Asked Questions
- What is Johnson & Johnson's capex?
- Johnson & Johnson (JNJ) reported capex of $1.05B in Q1 2026.
- How has Johnson & Johnson's capex changed year-over-year?
- Johnson & Johnson's capex increased by 31.9% year-over-year, from $795.00M to $1.05B.
- What is the long-term trend for Johnson & Johnson's capex?
- Over 4 years (2021 to 2025), Johnson & Johnson's capex has grown at a 7.3% compound annual growth rate (CAGR), from $3.65B to $4.83B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.