Volkswagen AG annual capital expenditures (capex)
2021
2022
2023
2024
2025
Volkswagen AG Capital Expenditures (CapEx) Growth & History (VOW3)
Volkswagen AG's capital expenditures (capex) was €15.30B for fiscal 2025.
View full Volkswagen AG company overviewVolkswagen AG annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €15.30B | −€1.90B | −11.06% |
| 2024 | 2024-12-31 | €17.20B | €2.55B | +17.40% |
| 2023 | 2023-12-31 | €14.65B | €1.71B | +13.17% |
| 2022 | 2022-12-31 | €12.95B | €2.29B | +21.52% |
| 2021 | 2021-12-31 | €10.65B | — | — |
Volkswagen AG quarterly capital expenditures (capex)
Q1.25
Q2.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €4.80B | −€926.0M | −16.17% |
| Q1 2026 | 2026-03-31 | €5.03B | −€62.0M | −1.22% |
| Q4 2025 | 2025-12-31 | €8.17B | — | — |
| Q2 2025 | 2025-06-30 | €5.73B | — | — |
| Q1 2025 | 2025-03-31 | €5.09B | — | — |
Volkswagen AG capital expenditures (capex) trends
Between the periods ended 2021-12-31 and 2025-12-31, Volkswagen AG's capital expenditures (capex) increased from €10.65B to €15.30B, a change of €4.64B. The latest reported quarter, Q2 2026, shows €4.80B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company official filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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