What is Corvex 's AI platform and services — capex?

Corvex (MOVE) reported AI platform and services — capex of $6.24M in Q1 2026.

What does AI platform and services — capex mean?

This metric measures the cash outflows used to acquire, upgrade, or maintain physical assets within the AI Platform and Services segment. It primarily captures investments in high-performance computing hardware, networking equipment, and data center facilities required to support AI workloads. Tracking this metric is essential for understanding the company's growth strategy and its commitment to expanding its AI infrastructure footprint.

Corvex MOVE AI Platform And Services — CapEx

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Other financials

Income statement

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Revenue$510.0K+148%

Gross profit-$945.0K-107%

Operating income-$4.8M+7.5%

Net income-$5.0M+3.3%

EPS (diluted)-$3.13+41.5%

Balance sheet

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Cash & equivalents$28.9M+4,126%

Total debt$22.8M+3,165%

Total equity$576.0M+17,711%

Total assets$604.5M+7,684%

Cash flow

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Operating cash flow-$4.3M+0.3%

CapEx$6.2M—

Free cash flow-$10.5M—

Valuation

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Market cap$43M+583%

Enterprise value$36.84M+427%

P/S58.3×+45.0×

Profitability

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Gross margin-424.9%-2,244pp

Operating margin-2,050.5%-817pp

Net margin-2,457.5%-909pp

FCF margin-2,175.8%—

Returns & leverage

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Return on equity-6.3%—

Debt / equity0×-0.2×

Current ratio2.1×+0.4×

Where this comes from

Reported directly by Corvex in its filing.

Tagged under the XBRL concept move:CapitalExpenditures.

The official record: Corvex ’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

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What is Corvex 's AI platform and services — capex?: Corvex (MOVE) reported AI platform and services — capex of $6.24M in Q1 2026.
What does AI platform and services — capex mean?: This metric measures the cash outflows used to acquire, upgrade, or maintain physical assets within the AI Platform and Services segment. It primarily captures investments in high-performance computing hardware, networking equipment, and data center facilities required to support AI workloads. Tracking this metric is essential for understanding the company's growth strategy and its commitment to expanding its AI infrastructure footprint.