Investing
CapEx
Realty Income CapEx decreased by 46.8% to $26.31M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.9%, from $22.90M to $26.31M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 62.1% 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:
cf_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 | $2.26M | $7.16M | $7.92M | $13.47M | $16.18M | $36.39M | $29.47M | $13.86M | $15.60M | $17.65M | $21.59M | $9.63M | $42.02M | $33.56M | $36.21M | $22.90M | $26.28M | $33.19M | $49.44M | $26.31M |
| QoQ Change | — | +217.5% | +10.6% | +70.1% | +20.1% | +124.9% | -19.0% | -53.0% | +12.5% | +13.1% | +22.3% | -55.4% | +336.4% | -20.1% | +7.9% | -36.8% | +14.7% | +26.3% | +48.9% | -46.8% |
| YoY Change | — | — | — | — | +617.3% | +408.1% | +272.0% | +2.9% | -3.6% | -51.5% | -26.7% | -30.5% | +169.4% | +90.2% | +67.7% | +137.8% | -37.5% | -1.1% | +36.5% | +14.9% |
Range$2.26M – $49.44M
CAGR+67.7%
Avg YoY Growth+104.1%
Median YoY Growth+25.7%
CapEx at Other Companies
Frequently Asked Questions
- What is Realty Income's capex?
- Realty Income (O) reported capex of $26.31M in Q1 2026.
- How has Realty Income's capex changed year-over-year?
- Realty Income's capex increased by 14.9% year-over-year, from $22.90M to $26.31M.
- What is the long-term trend for Realty Income's capex?
- Over 4 years (2021 to 2025), Realty Income's capex has grown at a 62.1% compound annual growth rate (CAGR), from $19.08M to $131.80M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.