Other

CapEx

PayPal Holdings, Inc. CapEx increased by 19.1% to $231.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.9%, from $196.00M to $231.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows relatively stable performance with a -1.6% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

High levels indicate aggressive growth or maintenance investment, while low levels may signal capital efficiency or underinvestment in infrastructure.

Detailed definition

Capital expenditures represent the cash outflows used to acquire, upgrade, or maintain physical assets such as property,...

Peer comparison

Commonly reported as 'Capital Expenditures' or 'Purchases of Property, Plant, and Equipment' in the investing section of the cash flow statement.

Metric ID: anet_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$247.00M$227.00M$213.00M$191.00M$175.00M$182.00M$158.00M$170.00M$150.00M$158.00M$145.00M$154.00M$157.00M$169.00M$203.00M$196.00M$206.00M$256.00M$194.00M$231.00M
QoQ Change-8.1%-6.2%-10.3%-8.4%+4.0%-13.2%+7.6%-11.8%+5.3%-8.2%+6.2%+1.9%+7.6%+20.1%-3.4%+5.1%+24.3%-24.2%+19.1%
YoY Change-29.1%-19.8%-25.8%-11.0%-14.3%-13.2%-8.2%-9.4%+4.7%+7.0%+40.0%+27.3%+31.2%+51.5%-4.4%+17.9%
Range$145.00M$256.00M
CAGR-1.4%
Avg YoY Growth+2.8%
Median YoY Growth-6.3%

CapEx at Other Companies

Frequently Asked Questions

What is PayPal Holdings, Inc.'s capex?
PayPal Holdings, Inc. (PYPL) reported capex of $231.00M in Q1 2026.
How has PayPal Holdings, Inc.'s capex changed year-over-year?
PayPal Holdings, Inc.'s capex increased by 17.9% year-over-year, from $196.00M to $231.00M.
What is the long-term trend for PayPal Holdings, Inc.'s capex?
Over 4 years (2021 to 2025), PayPal Holdings, Inc.'s capex has grown at a -1.6% compound annual growth rate (CAGR), from $908.00M to $852.00M.
What does capex mean?
Cash spent on purchasing or maintaining long-term physical assets.