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In its third-quarter earnings report released on October 21, Meta forecast 2026 capital expenditures of $135 billion to $145 billion, to continue investing in AI infrastructure and new product development. The company said its AI investments have already generated incremental advertising revenue through stronger user engagement, better recommendations and more efficient monetization, and it expects these investments and new product launches to support revenue growth in 2027. The earnings report showed third-quarter revenue of $64.6 billion, up 26% year over year, including advertising revenue of $63.06 billion; total costs and expenses for the quarter were $51.61 billion, up 68% year over year, including $9.89 billion in charges related to a settlement with 52 U.S. state attorneys general over litigation concerning teen mental health and social media.
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Meta expects 2026 capital expenditures of $135 billion to $145 billion
Source:Analytics India Magazine
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Oct 23
Analytics India Magazine
Meta expects 2026 capital expenditures of up to $145 billion
In its third-quarter financial report released on October 21, Meta estimated 2026 capital expenditures of $135 billion to $145 billion, to continue investing in AI infrastructure and new product development. The company said AI investment has already brought incremental advertising revenue through stronger user engagement, better recommendations and more efficient monetization, and expects these investments and new product launches to support revenue growth in 2027. Third-quarter revenue was $64.6 billion, up 26% year over year, including advertising revenue of $63.06 billion; total costs and expenses for the quarter were $51.61 billion, up 68% year over year, including $9.89 billion in expenses related to a settlement with 52 U.S. state attorneys general over litigation concerning teen mental health and social media.