Meta Platforms (META) Capital Expenditures (2011 - 2026)
Meta Platforms (META) reported Capital Expenditures of $16.0 billion for Q1 2026, up 23.95% year-over-year from $12.9 billion in Q1 2025, and down 73.51% quarter-over-quarter from $60.6 billion in Q4 2025.
Meta Platforms (META) Capital Expenditures (2011 - 2026) Analysis & Trends
Meta Platforms (META) has 16 years of Capital Expenditures data on file, last reported at $16.0 billion in Q1 2026.
- Capital Expenditures for Q1 2026 came in at $16.0 billion, up 23.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $72.8 billion (up 432.56% YoY), and the FY2025 annual result was $69.7 billion, up 877.84% from the prior year.
- Capital Expenditures retreated to $16.0 billion in Q1 2026 per META's latest filing, from $60.6 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $60.6 billion in Q4 2025 and troughed at -$19.1 billion in Q4 2022.
- A 5-year average of $5.9 billion and a median of $5.4 billion in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2022 and 2024: Capital Expenditures surged 2328.76% in 2022, then slumped 3816.21% in 2024.
- A 5-year view of Capital Expenditures shows it stood at -$19.1 billion in 2022, then jumped by 97.9% to -$401.0 million in 2023, then tumbled by 3816.21% to -$15.7 billion in 2024, then surged by 485.6% to $60.6 billion in 2025, then sank by 73.51% to $16.0 billion in 2026.
- Business Quant data shows META's Capital Expenditures at $16.0 billion in Q1 2026, $60.6 billion in Q4 2025, and -$1.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -2.47 Bn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 35.67 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 16.04 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | -5.85 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 1.09 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 16.34 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | - |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 40.77 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 34.00 Mn |
| 10 | Match | 8.04 Bn | 7.01 Bn | 653.28 Mn | 20.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.04 Bn |
| Mar 31, 2026 | 16.04 Bn |
| Dec 31, 2025 | 60.56 Bn |
| Dec 31, 2025 | 60.56 Bn |
| Sep 30, 2025 | -1.48 Bn |
| Sep 30, 2025 | -1.48 Bn |
| Jun 30, 2025 | -2.32 Bn |
| Jun 30, 2025 | -2.32 Bn |
| Mar 31, 2025 | 12.94 Bn |
| Mar 31, 2025 | 12.94 Bn |
| Dec 31, 2024 | -15.70 Bn |
| Dec 31, 2024 | -15.70 Bn |
| Sep 30, 2024 | 19.60 Bn |
| Sep 30, 2024 | 19.60 Bn |
| Jun 30, 2024 | -3.17 Bn |
| Jun 30, 2024 | -3.17 Bn |
| Mar 31, 2024 | 6.40 Bn |
| Mar 31, 2024 | 6.40 Bn |
| Dec 31, 2023 | -401.00 Mn |
| Dec 31, 2023 | -401.00 Mn |