Capital Expenditures for Apple (AAPL)
According to Apple's latest reported financial statements, the company's current capital expenditures (TTM) is $11.45B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
AAPL
Currently viewingCapital ExpendituresSwitch metric
Latest period
$11.45B
YoY change
+34.6%
5Y CAGR
+11.7%
Peak year (2016)
$13.55B
Cumulative capital expenditures
$168.53B
CapEx history chart for Apple (AAPL) from 1989 to 2025
CapEx history table for Apple (AAPL) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $12.71B | +34.6% | ||
| 2024 | $9.45B | -13.8% | ||
| 2023 | $10.96B | +2.3% | ||
| 2022 | $10.71B | -3.4% | ||
| 2021 | $11.09B | +51.7% | ||
| 2020 | $7.31B | -30.4% | ||
| 2019 | $10.49B | -21.2% | ||
| 2018 | $13.31B | +4.0% | ||
| 2017 | $12.79B | -5.6% | ||
| 2016 | $13.55B | +17.9% | ||
| 2015 | $11.49B | +17.1% | ||
| 2014 | $9.81B | +8.1% | ||
| 2013 | $9.08B | -3.5% | ||
| 2012 | $9.40B | +26.2% | ||
| 2011 | $7.45B | +251.3% | ||
| 2010 | $2.12B | +74.9% | ||
| 2009 | $1.21B | +1.2% | ||
| 2008 | $1.20B | +21.6% | ||
| 2007 | $986.00M | +50.1% | ||
| 2006 | $657.00M | +152.7% | ||
| 2005 | $260.00M | +47.7% | ||
| 2004 | $176.00M | +7.3% | ||
| 2003 | $164.00M | -5.7% | ||
| 2002 | $174.00M | -25.0% | ||
| 2001 | $232.00M | +116.8% | ||
| 2000 | $107.00M | +127.7% | ||
| 1999 | $47.00M | -16.1% | ||
| 1998 | $56.00M | +5.7% | ||
| 1997 | $53.00M | -20.9% | ||
| 1996 | $67.00M | -57.9% | ||
| 1995 | $159.00M | -0.4% | ||
| 1994 | $159.59M | -25.1% | ||
| 1993 | $213.10M | +9.3% | ||
| 1992 | $194.90M | -10.7% | ||
| 1991 | $218.30M | -2.7% | ||
| 1990 | $224.30M | -6.2% | ||
| 1989 | $239.00M | — |
CapEx values are taken from Apple's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Apple (AAPL) capital expenditures totalled $12.71B – surged 34.6% year-over-year.
Apple capital expenditures compound annual growth for the 2020–2025 (5 years) window is +11.7%, with the latest reading among the more recent periods of the dataset.
Apple capital expenditures declined from $13.55B in 2016 to $12.71B in 2025, a 6.1% drawdown.
2016 marks the peak capital expenditures at $13.55B, with the historical low of $47.00M recorded in 1999.
Within Technology, Apple (AAPL) ranks 5th among 8 peers we track. The peer median for capital expenditures is $10.95B.
Apple Capital Expenditures by Year
Apple Capital Expenditures 2025: $12.71B
Apple capital expenditures in 2025 was $12.71B, surged 34.6% from 2024.
Apple Capital Expenditures 2024: $9.45B
Apple capital expenditures in 2024 was $9.45B, declined 13.8% below 2023.
Apple Capital Expenditures 2023: $10.96B
Apple capital expenditures in 2023 was $10.96B, edged up 2.3% from 2022.
Apple Capital Expenditures 2022: $10.71B
Apple capital expenditures in 2022 was $10.71B, edged down 3.4% below 2021.
Apple Capital Expenditures 2021: $11.09B
Apple capital expenditures in 2021 was $11.09B.
See more financial history for Apple (AAPL).
Sector peers — CapEx
Companies in the same sector as Apple, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.29T | Technology |
| Microsoft Corporation (MSFT) | $64.55B | Technology |
| Oracle Corporation (ORCL) | $21.21B | Technology |
| Micron Technology, Inc. (MU) | $15.86B | Technology |
| NVIDIA Corporation (NVDA) | $6.04B | Technology |
| ASML Holding N.V. (ASML) | $1.51B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $974.00M | Technology |
| Broadcom Inc. (AVGO) | $623.00M | Technology |
Frequently asked questions
What is Apple's capital expenditures?
- Latest reported capital expenditures for Apple (AAPL) is $11.45B (period ending March 28, 2026).
How has Apple capital expenditures changed year-over-year?
- Apple (AAPL) capital expenditures changed +34.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Apple capital expenditures?
- Apple (AAPL) capital expenditures compound annual growth rate is +11.7% over the most recent 5 years available.
When did Apple capital expenditures hit its highest annual value?
- Apple capital expenditures reached its highest annual value of $13.55B in 2016.
What was Apple capital expenditures in 2024?
- Apple (AAPL) capital expenditures in 2024 was $9.45B.
What was Apple capital expenditures in 2025?
- Apple (AAPL) capital expenditures in 2025 was $12.71B.
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