Discontinued — last reported Q4 '25
NetApp CapEx decreased by 6.1% to $46.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $47.00M to $46.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows relatively stable performance with a 0.9% CAGR.
High levels indicate aggressive growth or maintenance investment, while low levels may signal capital efficiency or underinvestment in infrastructure.
Capital expenditures represent the cash outflows used to acquire, upgrade, or maintain physical assets such as property,...
Commonly reported as 'Capital Expenditures' or 'Purchases of Property, Plant, and Equipment' in the investing section of the cash flow statement.
anet_capital_expenditures| Q1 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $38.00M | $51.00M | $46.00M | $61.00M | $68.00M | $65.00M | $77.00M | $58.00M | $39.00M | $35.00M | $38.00M | $36.00M | $46.00M | $41.00M | $45.00M | $47.00M | $35.00M | $53.00M | $49.00M | $46.00M |
| QoQ Change | — | +34.2% | -9.8% | +32.6% | +11.5% | -4.4% | +18.5% | -24.7% | -32.8% | -10.3% | +8.6% | -5.3% | +27.8% | -10.9% | +9.8% | +4.4% | -25.5% | +51.4% | -7.5% | -6.1% |
| YoY Change | — | — | — | — | +78.9% | +27.5% | +67.4% | -4.9% | -42.6% | -46.2% | -50.6% | -37.9% | +17.9% | +17.1% | +18.4% | +30.6% | -23.9% | +29.3% | +8.9% | -2.1% |