META · 10-K · 2025A · Full report

Capital Expenditure Guidance

Meta Platforms, Inc. · 2026-01-29 · Importance 100 · Surprise 100

Management provides explicit capital expenditure guidance of approximately $115 billion to $135 billion for 2026 to support its AI efforts and core business. The guidance is global and tied to continued investments in servers, data centers, and network infrastructure. This 2026 capex outlook follows $69.69 billion of purchases of property and equipment in 2025 and signals materially higher near-term investment intensity. The company states the spend is intended to support AI initiatives and core operations across its business segments.