Hyperscaler capex

Apple capex, FY2026 Q2

Apple reported $2B of capex for FY2026 Q2, the quarter covering January to March 2026. That is −36% on the $3.1B of the same quarter a year earlier (FY2025 Q2).

Apple sells devices, software and digital services, including iCloud, to consumers and businesses. These figures cover all company PP&E cash payments, including investments outside cloud infrastructure.

Capex, FY2026 Q2$2B
Year on year−36%

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Verified

Every field, with its source

Source per value
Reported quarter
FY2026 Q2 1
Calendar quarter
2026 Q1 1
Quarter end
2026-03-28 1
Capex (USD million)
1,971 1
“(4,344)”
Capex definition
Company-wide cash payments to acquire property, plant and equipment; later fiscal quarters derived from cumulative cash-flow statements. 1
Calculation
FY2026 Q2 = 4,344 (6-month cumulative) - 2,373 (3-month cumulative) = 1,971 USD million. 2

Sources

  1. Apple newsroom financial statements: Apple FY2026 Q2 accessed 2026-11-11
  2. Apple newsroom financial statements: Apple FY2026 Q2 accessed 2026-11-11

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