Investing
CapEx
Kenvue CapEx increased by 26.4% to $139.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 22.3%, from $179.00M to $139.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 12.6% 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:
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 | $73.75M | $73.75M | $73.75M | $37.00M | $76.00M | $103.00M | $159.00M | $55.00M | $77.00M | $114.00M | $223.00M | $153.00M | $90.00M | $59.00M | $132.00M | $179.00M | $88.00M | $98.00M | $110.00M | $139.00M |
| QoQ Change | — | +0.0% | +0.0% | -49.8% | +105.4% | +35.5% | +54.4% | -65.4% | +40.0% | +48.1% | +95.6% | -31.4% | -41.2% | -34.4% | +123.7% | +35.6% | -50.8% | +11.4% | +12.2% | +26.4% |
| YoY Change | — | — | — | — | +3.1% | +39.7% | +115.6% | +48.6% | +1.3% | +10.7% | +40.3% | +178.2% | +16.9% | -48.2% | -40.8% | +17.0% | -2.2% | +66.1% | -16.7% | -22.3% |
Range$37.00M – $223.00M
CAGR+14.3%
Avg YoY Growth+25.4%
Median YoY Growth+13.8%
Current Streak3 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is Kenvue's capex?
- Kenvue (KVUE) reported capex of $139.00M in Q1 2026.
- How has Kenvue's capex changed year-over-year?
- Kenvue's capex decreased by 22.3% year-over-year, from $179.00M to $139.00M.
- What is the long-term trend for Kenvue's capex?
- Over 4 years (2021 to 2025), Kenvue's capex has grown at a 12.6% compound annual growth rate (CAGR), from $295.00M to $475.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.