Investing
CapEx
Moody's CapEx increased by 17.3% to $95.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $85.00M to $95.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 23.8% 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 | $30.00M | $33.00M | $62.00M | $59.00M | $74.00M | $71.00M | $79.00M | $73.00M | $54.00M | $71.00M | $73.00M | $78.00M | $93.00M | $72.00M | $74.00M | $85.00M | $75.00M | $85.00M | $81.00M | $95.00M |
| QoQ Change | — | +10.0% | +87.9% | -4.8% | +25.4% | -4.1% | +11.3% | -7.6% | -26.0% | +31.5% | +2.8% | +6.8% | +19.2% | -22.6% | +2.8% | +14.9% | -11.8% | +13.3% | -4.7% | +17.3% |
| YoY Change | — | — | — | — | +146.7% | +115.2% | +27.4% | +23.7% | -27.0% | +0.0% | -7.6% | +6.8% | +72.2% | +1.4% | +1.4% | +9.0% | -19.4% | +18.1% | +9.5% | +11.8% |
Range$30.00M – $95.00M
CAGR+27.5%
Avg YoY Growth+24.3%
Median YoY Growth+9.2%
CapEx at Other Companies
Frequently Asked Questions
- What is Moody's's capex?
- Moody's (MCO) reported capex of $95.00M in Q1 2026.
- How has Moody's's capex changed year-over-year?
- Moody's's capex increased by 11.8% year-over-year, from $85.00M to $95.00M.
- What is the long-term trend for Moody's's capex?
- Over 4 years (2021 to 2025), Moody's's capex has grown at a 23.8% compound annual growth rate (CAGR), from $139.00M to $326.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.