Capital expenditure divided by revenue.
Apple's capital expenditures (capex) intensity was 2.2% for the period ended 2026-06-27, compared with 3.7% for the comparable period ended 2025-06-28. The latest observation ranks at the 33th percentile of 24 available as-filed observations, and the recent direction is increasing. Peer context is withheld because a valid comparable set is not available.
This analysis is tied to SEC accession 0000320193-26-000020; missing or incompatible inputs are withheld.
GrossPattern has 24 comparable as-filed observations from 2023-12-30 through 2026-06-27. Over that available history, the measure changed from 2.0% to 2.2%, a net change of 0.2%.
The highest observed value was 3.7% for the period ended 2025-06-28; the lowest was 1.7% for 2025-12-27. The current observation is 0.1% below the historical median of 2.4%.
Across the latest 4 sequential comparisons, capital expenditures (capex) intensity increased 2 times, decreased 1 time, and was unchanged 1 time. Direction is assigned by the governed multi-period research model, not by a single move.
| Period ended | Fiscal period | Capital Expenditures (Capex) Intensity | SEC evidence |
|---|---|---|---|
| 2026-06-27 | Q3 | 2.2% | 0000320193-26-000020 |
| 2026-03-28 | Q2 | 1.8% | 0000320193-26-000013 |
| 2025-12-27 | Q1 | 1.7% | 0000320193-26-000006 |
| 2025-12-27 | Q1 | 1.7% | 0000320193-26-000006 |
| 2025-09-27 | FY | 3.1% | 0000320193-25-000079 |
| 2025-09-27 | FY | 3.1% | 0000320193-25-000079 |
| 2025-06-28 | Q3 | 3.7% | 0000320193-26-000020 |
| 2025-06-28 | Q3 | 3.7% | 0000320193-25-000073 |
Methodology. Deterministic GrossPattern ratio. Missing, incompatible, or quality-blocked SEC inputs are withheld rather than treated as zero. Percentiles use the displayed as-filed history; peer context appears only when the governed comparison is valid.
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gp.fundamentals.capex_revenue_ratio@1.0.0 · [email protected]