Apple (AAPL) Capital Expenditures (2009 - 2026)
Apple's Capital Expenditures was $2.46 billion in fiscal Q3 2026 (quarter ended Jun 27, 2026), down 29.1% from $3.46 billion a year earlier but up 24.6% from the prior quarter.
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Analysis
Apple (AAPL) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Apple's Capital Expenditures was $10.04 billion through Jun 27, 2026, down 18.9% year-over-year; for FY2025 (ended Sep 27, 2025), it was $12.72 billion, up 34.6% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- In earlier fiscal years, Capital Expenditures was $9.45 billion in FY2024 (-13.8%), $10.96 billion in FY2023 (+2.3%), $10.71 billion in FY2022 (-3.4%) and $11.09 billion in FY2021 (+51.7%).
- Quarterly Capital Expenditures has moved between $1.97 billion (fiscal Q2 2026) and $3.79 billion (fiscal Q1 2023) over five years.
- Compared with a year earlier, Capital Expenditures has declined for three straight quarters, with growth averaging 12.4% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was fiscal Q4 2021 (growth of 80.7%); the worst was fiscal Q1 2024 (a decline of 36.8%).
- Per Business Quant data, AAPL's Capital Expenditures in the three fiscal quarters before Q3 2026 was $1.97 billion (Q2 2026), $2.37 billion (Q1 2026) and $3.24 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,863.18 Bn | 4,610.67 Bn | 54.77 Bn | 2.46 Bn |
| 2 | Cisco Systems | 445.19 Bn | 381.12 Bn | 11.06 Bn | 390.00 Mn |
| 3 | Dell Technologies | 353.32 Bn | 309.07 Bn | 9.83 Bn | 1.24 Bn |
| 4 | Arista Networks | 261.04 Bn | 214.50 Bn | 1.91 Bn | 29.70 Mn |
| 5 | Sandisk | 248.81 Bn | 237.33 Bn | 7.58 Bn | 43.00 Mn |
| 6 | Seagate Technology Holdings | 201.18 Bn | 196.18 Bn | 1.90 Bn | 187.00 Mn |
| 7 | Western Digital | 159.43 Bn | 147.56 Bn | 2.03 Bn | 108.00 Mn |
| 8 | Sony | 144.77 Bn | 95.16 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 96.72 Bn | 88.53 Bn | 477.30 Mn | 166.80 Mn |
| 10 | Hewlett Packard Enterprise | 90.82 Bn | 68.69 Bn | 4.93 Bn | 745.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 2.46 Bn |
| Mar 28, 2026 | 1.97 Bn |
| Dec 27, 2025 | 2.37 Bn |
| Sep 27, 2025 | 3.24 Bn |
| Jun 28, 2025 | 3.46 Bn |
| Mar 29, 2025 | 3.07 Bn |
| Dec 28, 2024 | 2.94 Bn |
| Sep 28, 2024 | 2.91 Bn |
| Jun 29, 2024 | 2.15 Bn |
| Mar 30, 2024 | 2.00 Bn |
| Dec 30, 2023 | 2.39 Bn |
| Sep 30, 2023 | 2.16 Bn |
| Jul 1, 2023 | 2.09 Bn |
| Apr 1, 2023 | 2.92 Bn |
| Dec 31, 2022 | 3.79 Bn |
| Sep 24, 2022 | 3.29 Bn |
| Jun 25, 2022 | 2.10 Bn |
| Mar 26, 2022 | 2.51 Bn |
| Dec 25, 2021 | 2.80 Bn |
| Sep 25, 2021 | 3.22 Bn |
API Access
Apple Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();