Investing

CapEx

Oracle CapEx increased by 54.9% to $18.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 217.9%, from $5.86B to $18.64B. Over 4 years (FY 2022 to FY 2026), CapEx shows an upward trend with a 88.7% 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: cf_capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$717.00M$1.06B$925.00M$1.10B$1.42B$1.72B$2.44B$2.63B$1.91B$1.31B$1.08B$1.67B$2.80B$2.30B$3.97B$5.86B$9.08B$8.50B$12.03B$18.64B
QoQ Change+48.1%-12.9%+19.0%+29.2%+20.8%+41.7%+7.9%-27.2%-31.3%-17.8%+55.0%+67.1%-17.7%+72.4%+47.7%+54.9%-6.4%+41.5%+54.9%
YoY Change+98.5%+61.9%+163.2%+138.7%+34.4%-23.6%-55.6%-36.3%+46.3%+75.3%+267.6%+250.2%+224.5%+269.2%+203.1%+217.9%
Range$717.00M$18.64B
CAGR+98.5%
Avg YoY Growth+120.9%
Median YoY Growth+118.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Oracle's capex?
Oracle (ORCL) reported capex of $18.64B in Q1 2026.
How has Oracle's capex changed year-over-year?
Oracle's capex increased by 217.9% year-over-year, from $5.86B to $18.64B.
What is the long-term trend for Oracle's capex?
Over 4 years (2022 to 2026), Oracle's capex has grown at a 88.7% compound annual growth rate (CAGR), from $3.81B to $48.25B.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.

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