Investing
CapEx
Exxon Mobil CapEx decreased by 13.2% to $6.47B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $5.90B to $6.47B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 23.8% 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:
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 | $2.75B | $2.84B | $4.09B | $3.91B | $3.84B | $4.88B | $5.78B | $5.41B | $5.36B | $4.92B | $6.23B | $5.07B | $6.24B | $6.16B | $6.84B | $5.90B | $6.28B | $8.73B | $7.45B | $6.47B |
| QoQ Change | — | +3.4% | +44.0% | -4.4% | -1.9% | +27.1% | +18.6% | -6.4% | -1.0% | -8.2% | +26.6% | -18.5% | +22.9% | -1.2% | +11.0% | -13.7% | +6.5% | +38.9% | -14.6% | -13.2% |
| YoY Change | — | — | — | — | +39.7% | +71.7% | +41.4% | +38.4% | +39.7% | +0.9% | +7.7% | -6.2% | +16.3% | +25.2% | +9.8% | +16.2% | +0.8% | +41.7% | +9.0% | +9.7% |
Range$2.75B – $8.73B
CAGR+19.8%
Avg YoY Growth+22.6%
Median YoY Growth+16.3%
Current Streak2 quarters decline
CapEx at Other Companies
Frequently Asked Questions
- What is Exxon Mobil's capex?
- Exxon Mobil (XOM) reported capex of $6.47B in Q1 2026.
- How has Exxon Mobil's capex changed year-over-year?
- Exxon Mobil's capex increased by 9.7% year-over-year, from $5.90B to $6.47B.
- What is the long-term trend for Exxon Mobil's capex?
- Over 4 years (2021 to 2025), Exxon Mobil's capex has grown at a 23.8% compound annual growth rate (CAGR), from $12.08B to $28.36B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.