Top Companies by CapEx in Technology
Largest public companies ranked by capex in Technology on a trailing twelve months basis. Compare top issuers, sector peers and historical context on…
How TTM capex is measured
Trailing twelve months (TTM) capital expenditure (capex) is the cash a company spent on property, plant and equipment over the most recent four fiscal quarters. It comes from the investing section of the cash flow statement and is shown here as a positive amount of cash invested. The rolling window smooths uneven project timing across quarters.
Capex is the price of growth and maintenance: data centers, factories, fleets, networks and stores. Subtract capex from EBITDA for a rough free-cash-flow proxy, and compare against TTM revenue to gauge investment intensity. Semis, telecoms, hyperscalers and utilities typically lead. Values are ranked in USD after period-average FX translation (IAS 21). Rankings USD translation methodology · IFRS IAS 21 (official)
Calculated from each company's four most recent reported quarters, as of .
Sector scopeTechnologyChange sectorChange sector
Top companies by CapEx — Technology
- Microsoft
MSFT
- Sector
- Technology
- CapEx
- $97.22B
- As of
- Oracle
ORCL
- Sector
- Technology
- CapEx
- $48.25B
- As of
- TSMC
TSM
- Sector
- Technology
- CapEx
- $41.98B
- As of
- Sector
- Technology
- CapEx
- $20.37B
- As of
- Intel
INTC
- Sector
- Technology
- CapEx
- $13.10B
- As of
- Apple
AAPL
- Sector
- Technology
- CapEx
- $11.05B
- As of
- CoreWeave
CRWV
- Sector
- Technology
- CapEx
- $10.31B
- As of
- NVIDIA
NVDA
- Sector
- Technology
- CapEx
- $6.04B
- As of
- Sector
- Technology
- CapEx
- $4.10B
- As of
- Sector
- Technology
- CapEx
- $2.63B
- As of
- Sector
- Technology
- CapEx
- $2.52B
- As of
- ASML
ASML
- Sector
- Technology
- CapEx
- $2.47B
- As of
- Fiserv
FISV
- Sector
- Technology
- CapEx
- $1.76B
- As of
- QUALCOMM
QCOM
- Sector
- Technology
- CapEx
- $1.46B
- As of
- Corning
GLW
- Sector
- Technology
- CapEx
- $1.41B
- As of
- Sector
- Technology
- CapEx
- $1.03B
- As of
- Amphenol
APH
- Sector
- Technology
- CapEx
- $996.60M
- As of
- AMD
AMD
- Sector
- Technology
- CapEx
- $974.00M
- As of
- SAP
SAP
- Sector
- Technology
- CapEx
- $934.49M
- As of
- IBM
IBM
- Sector
- Technology
- CapEx
- $904.00M
- As of
- HP
HPQ
- Sector
- Technology
- CapEx
- $828.00M
- As of
- Sector
- Technology
- CapEx
- $819.50M
- As of
- ServiceNow
NOW
- Sector
- Technology
- CapEx
- $804.00M
- As of
- Broadcom
AVGO
- Sector
- Technology
- CapEx
- $773.00M
- As of
- Sector
- Technology
- CapEx
- $682.00M
- As of
- Salesforce
CRM
- Sector
- Technology
- CapEx
- $594.00M
- As of
- Accenture
ACN
- Sector
- Technology
- CapEx
- $583.29M
- As of
- Arm
ARM
- Sector
- Technology
- CapEx
- $552.00M
- As of
- Lam Research
LRCX
- Sector
- Technology
- CapEx
- $503.80M
- As of
- Sector
- Technology
- CapEx
- $493.89M
- As of
- Cisco
CSCO
- Sector
- Technology
- CapEx
- $478.00M
- As of
- KLA
KLAC
- Sector
- Technology
- CapEx
- $386.86M
- As of
- CrowdStrike
CRWD
- Sector
- Technology
- CapEx
- $372.60M
- As of
- Sector
- Technology
- CapEx
- $365.00M
- As of
- Fortinet
FTNT
- Sector
- Technology
- CapEx
- $364.80M
- As of
- Sector
- Technology
- CapEx
- $356.30M
- As of
- Cloudflare
NET
- Sector
- Technology
- CapEx
- $342.55M
- As of
- Uber
UBER
- Sector
- Technology
- CapEx
- $336.00M
- As of
- Roblox
RBLX
- Sector
- Technology
- CapEx
- $322.53M
- As of
- Cognizant
CTSH
- Sector
- Technology
- CapEx
- $288.00M
- As of
- Sector
- Technology
- CapEx
- $285.00M
- As of
- Paycom Software
PAYC
- Sector
- Technology
- CapEx
- $270.90M
- As of
- Garmin
GRMN
- Sector
- Technology
- CapEx
- $270.45M
- As of
- Sector
- Technology
- CapEx
- $265.00M
- As of
- Jabil
JBL
- Sector
- Technology
- CapEx
- $255.00M
- As of
- Trimble
TRMB
- Sector
- Technology
- CapEx
- $253.00M
- As of
- Sector
- Technology
- CapEx
- $226.80M
- As of
- Teradyne
TER
- Sector
- Technology
- CapEx
- $224.01M
- As of
- Affirm Holdings
AFRM
- Sector
- Technology
- CapEx
- $214.20M
- As of
- Trade Desk
TTD
- Sector
- Technology
- CapEx
- $205.41M
- As of
- Corpay
CPAY
- Sector
- Technology
- CapEx
- $200.76M
- As of
- Adobe
ADBE
- Sector
- Technology
- CapEx
- $190.00M
- As of
- Ciena
CIEN
- Sector
- Technology
- CapEx
- $187.80M
- As of
- Sandisk
SNDK
- Sector
- Technology
- CapEx
- $184.00M
- As of
- NetApp
NTAP
- Sector
- Technology
- CapEx
- $183.00M
- As of
- Sector
- Technology
- CapEx
- $174.01M
- As of
- Zscaler
ZS
- Sector
- Technology
- CapEx
- $170.30M
- As of
- Synopsys
SNPS
- Sector
- Technology
- CapEx
- $164.06M
- As of
- Workday
WDAY
- Sector
- Technology
- CapEx
- $162.00M
- As of
- Block
XYZ
- Sector
- Technology
- CapEx
- $155.04M
- As of
- Sector
- Technology
- CapEx
- $154.00M
- As of
- Intuit
INTU
- Sector
- Technology
- CapEx
- $144.00M
- As of
- Sector
- Technology
- CapEx
- $141.87M
- As of
- Sector
- Technology
- CapEx
- $128.40M
- As of
- Sector
- Technology
- CapEx
- $126.00M
- As of
- Leidos Holdings
LDOS
- Sector
- Technology
- CapEx
- $125.00M
- As of
- Arista Networks
ANET
- Sector
- Technology
- CapEx
- $119.50M
- As of
- CDW
CDW
- Sector
- Technology
- CapEx
- $117.10M
- As of
- Gartner
IT
- Sector
- Technology
- CapEx
- $115.14M
- As of
- Sector
- Technology
- CapEx
- $108.87M
- As of
- DocuSign
DOCU
- Sector
- Technology
- CapEx
- $106.44M
- As of
- Fortive
FTV
- Sector
- Technology
- CapEx
- $105.10M
- As of
- Snowflake
SNOW
- Sector
- Technology
- CapEx
- $101.63M
- As of
- Sector
- Technology
- CapEx
- $91.60M
- As of
- Sector
- Technology
- CapEx
- $91.10M
- As of
- Sector
- Technology
- CapEx
- $86.00M
- As of
- Sector
- Technology
- CapEx
- $69.40M
- As of
- Sector
- Technology
- CapEx
- $69.10M
- As of
- Sector
- Technology
- CapEx
- $65.46M
- As of
- Sector
- Technology
- CapEx
- $53.98M
- As of
- Lyft
LYFT
- Sector
- Technology
- CapEx
- $52.82M
- As of
- F5
FFIV
- Sector
- Technology
- CapEx
- $52.75M
- As of
- Atlassian
TEAM
- Sector
- Technology
- CapEx
- $52.40M
- As of
- Autodesk
ADSK
- Sector
- Technology
- CapEx
- $50.00M
- As of
- Datadog
DDOG
- Sector
- Technology
- CapEx
- $49.58M
- As of
- EPAM Systems
EPAM
- Sector
- Technology
- CapEx
- $42.24M
- As of
- Sector
- Technology
- CapEx
- $40.00M
- As of
- Palantir
PLTR
- Sector
- Technology
- CapEx
- $33.88M
- As of
- Fastly
FSLY
- Sector
- Technology
- CapEx
- $33.40M
- As of
- AppLovin
APP
- Sector
- Technology
- CapEx
- $28.32M
- As of
- Shopify
SHOP
- Sector
- Technology
- CapEx
- $26.13M
- As of
- VeriSign
VRSN
- Sector
- Technology
- CapEx
- $24.20M
- As of
- GoDaddy
GDDY
- Sector
- Technology
- CapEx
- $23.90M
- As of
- Gen Digital
GEN
- Sector
- Technology
- CapEx
- $22.00M
- As of
- Sector
- Technology
- CapEx
- $19.02M
- As of
- Sector
- Technology
- CapEx
- $16.02M
- As of
- Badger Meter
BMI
- Sector
- Technology
- CapEx
- $15.49M
- As of
- Fair Isaac
FICO
- Sector
- Technology
- CapEx
- $14.65M
- As of
- Okta
OKTA
- Sector
- Technology
- CapEx
- $14.00M
- As of
- Duolingo
DUOL
- Sector
- Technology
- CapEx
- $11.19M
- As of
| # | Company | Sector | CapEx | As of |
|---|---|---|---|---|
| 1 | Microsoft (MSFT) | Technology | $97.22B | |
| 2 | Oracle (ORCL) | Technology | $48.25B | |
| 3 | TSMC (TSM) | Technology | $41.98B | |
| 4 | Micron Technology (MU) | Technology | $20.37B | |
| 5 | Intel (INTC) | Technology | $13.10B | |
| 6 | Apple (AAPL) | Technology | $11.05B | |
| 7 | CoreWeave (CRWV) | Technology | $10.31B | |
| 8 | NVIDIA (NVDA) | Technology | $6.04B | |
| 9 | Texas Instruments (TXN) | Technology | $4.10B | |
| 10 | Dell Technologies (DELL) | Technology | $2.63B | |
| 11 | Applied Materials (AMAT) | Technology | $2.52B | |
| 12 | ASML (ASML) | Technology | $2.47B | |
| 13 | Fiserv (FISV) | Technology | $1.76B | |
| 14 | QUALCOMM (QCOM) | Technology | $1.46B | |
| 15 | Corning (GLW) | Technology | $1.41B | |
| 16 | TE Connectivity (TEL) | Technology | $1.03B | |
| 17 | Amphenol (APH) | Technology | $996.60M | |
| 18 | AMD (AMD) | Technology | $974.00M | |
| 19 | SAP (SAP) | Technology | $934.49M | |
| 20 | IBM (IBM) | Technology | $904.00M | |
| 21 | HP (HPQ) | Technology | $828.00M | |
| 22 | Akamai Technologies (AKAM) | Technology | $819.50M | |
| 23 | ServiceNow (NOW) | Technology | $804.00M | |
| 24 | Broadcom (AVGO) | Technology | $773.00M | |
| 25 | Hewlett Packard Enterprise (HPE) | Technology | $682.00M | |
| 26 | Salesforce (CRM) | Technology | $594.00M | |
| 27 | Accenture (ACN) | Technology | $583.29M | |
| 28 | Arm (ARM) | Technology | $552.00M | |
| 29 | Lam Research (LRCX) | Technology | $503.80M | |
| 30 | Analog Devices (ADI) | Technology | $493.89M | |
| 31 | Cisco (CSCO) | Technology | $478.00M | |
| 32 | KLA (KLAC) | Technology | $386.86M | |
| 33 | CrowdStrike (CRWD) | Technology | $372.60M | |
| 34 | Western Digital (WDC) | Technology | $365.00M | |
| 35 | Fortinet (FTNT) | Technology | $364.80M | |
| 36 | Marvell Technology (MRVL) | Technology | $356.30M | |
| 37 | Cloudflare (NET) | Technology | $342.55M | |
| 38 | Uber (UBER) | Technology | $336.00M | |
| 39 | Roblox (RBLX) | Technology | $322.53M | |
| 40 | Cognizant (CTSH) | Technology | $288.00M | |
| 41 | Qnity Electronics (Q) | Technology | $285.00M | |
| 42 | Paycom Software (PAYC) | Technology | $270.90M | |
| 43 | Garmin (GRMN) | Technology | $270.45M | |
| 44 | Motorola Solutions (MSI) | Technology | $265.00M | |
| 45 | Jabil (JBL) | Technology | $255.00M | |
| 46 | Trimble (TRMB) | Technology | $253.00M | |
| 47 | Skyworks Solutions (SWKS) | Technology | $226.80M | |
| 48 | Teradyne (TER) | Technology | $224.01M | |
| 49 | Affirm Holdings (AFRM) | Technology | $214.20M | |
| 50 | Trade Desk (TTD) | Technology | $205.41M | |
| 51 | Corpay (CPAY) | Technology | $200.76M | |
| 52 | Adobe (ADBE) | Technology | $190.00M | |
| 53 | Ciena (CIEN) | Technology | $187.80M | |
| 54 | Sandisk (SNDK) | Technology | $184.00M | |
| 55 | NetApp (NTAP) | Technology | $183.00M | |
| 56 | Monolithic Power Systems (MPWR) | Technology | $174.01M | |
| 57 | Zscaler (ZS) | Technology | $170.30M | |
| 58 | Synopsys (SNPS) | Technology | $164.06M | |
| 59 | Workday (WDAY) | Technology | $162.00M | |
| 60 | Block (XYZ) | Technology | $155.04M | |
| 61 | Fidelity National Information Services (FIS) | Technology | $154.00M | |
| 62 | Intuit (INTU) | Technology | $144.00M | |
| 63 | Cadence Design Systems (CDNS) | Technology | $141.87M | |
| 64 | Teledyne Technologies (TDY) | Technology | $128.40M | |
| 65 | Seagate Technology (STX) | Technology | $126.00M | |
| 66 | Leidos Holdings (LDOS) | Technology | $125.00M | |
| 67 | Arista Networks (ANET) | Technology | $119.50M | |
| 68 | CDW (CDW) | Technology | $117.10M | |
| 69 | Gartner (IT) | Technology | $115.14M | |
| 70 | Super Micro Computer (SMCI) | Technology | $108.87M | |
| 71 | DocuSign (DOCU) | Technology | $106.44M | |
| 72 | Fortive (FTV) | Technology | $105.10M | |
| 73 | Snowflake (SNOW) | Technology | $101.63M | |
| 74 | Palo Alto Networks (PANW) | Technology | $91.60M | |
| 75 | Microchip Technology (MCHP) | Technology | $91.10M | |
| 76 | Zebra Technologies (ZBRA) | Technology | $86.00M | |
| 77 | Broadridge Financial Solutions (BR) | Technology | $69.40M | |
| 78 | ON Semiconductor (ON) | Technology | $69.10M | |
| 79 | Zoom Communications (ZM) | Technology | $65.46M | |
| 80 | Jack Henry & Associates (JKHY) | Technology | $53.98M | |
| 81 | Lyft (LYFT) | Technology | $52.82M | |
| 82 | F5 (FFIV) | Technology | $52.75M | |
| 83 | Atlassian (TEAM) | Technology | $52.40M | |
| 84 | Autodesk (ADSK) | Technology | $50.00M | |
| 85 | Datadog (DDOG) | Technology | $49.58M | |
| 86 | EPAM Systems (EPAM) | Technology | $42.24M | |
| 87 | Keysight Technologies (KEYS) | Technology | $40.00M | |
| 88 | Palantir (PLTR) | Technology | $33.88M | |
| 89 | Fastly (FSLY) | Technology | $33.40M | |
| 90 | AppLovin (APP) | Technology | $28.32M | |
| 91 | Shopify (SHOP) | Technology | $26.13M | |
| 92 | VeriSign (VRSN) | Technology | $24.20M | |
| 93 | GoDaddy (GDDY) | Technology | $23.90M | |
| 94 | Gen Digital (GEN) | Technology | $22.00M | |
| 95 | Unity Software (U) | Technology | $19.02M | |
| 96 | Tyler Technologies (TYL) | Technology | $16.02M | |
| 97 | Badger Meter (BMI) | Technology | $15.49M | |
| 98 | Fair Isaac (FICO) | Technology | $14.65M | |
| 99 | Okta (OKTA) | Technology | $14.00M | |
| 100 | Duolingo (DUOL) | Technology | $11.19M |