Meta Platforms (META) Capital Expenditures (2011 - 2026)

Meta Platforms (META) posted quarterly Capital Expenditures of $30.1 billion for Q2 2026, up 82.1% year-over-year from $16.5 billion in Q2 2025, and up 58.53% quarter-over-quarter from $19.0 billion in Q1 2026.

Meta Platforms (META) Capital Expenditures (2011 - 2026) Analysis & Trends

Meta Platforms (META) has reported Capital Expenditures for 16 consecutive years, with $30.1 billion the latest figure, recorded in Q2 2026.

  • In Q2 2026, Capital Expenditures rose 82.1% year-over-year to $30.1 billion; the TTM figure through Jun 2026 stood at $89.3 billion (up 71.25% YoY), while the FY2025 annual figure was $69.7 billion, up 87.06% from the prior year.
  • Capital Expenditures climbed to $30.1 billion in Q2 2026 per META's latest filing, from $19.0 billion in the prior quarter.
  • Across five years, Capital Expenditures topped out at $30.1 billion in Q2 2026 and bottomed at $5.4 billion in Q1 2022.
  • Historically, Capital Expenditures has averaged $11.9 billion across 5 years, with a median of $8.5 billion in 2022.
  • Annual changes were most pronounced in 2023 — Capital Expenditures sank 30.71% — and 2025, when it surged 128.01%.
  • Meta Platforms' Capital Expenditures stood at $8.8 billion in 2022, then dropped by 13.71% to $7.6 billion in 2023, then surged by 90.0% to $14.4 billion in 2024, then jumped by 48.24% to $21.4 billion in 2025, then soared by 40.84% to $30.1 billion in 2026.
  • Business Quant data shows META's Capital Expenditures at $30.1 billion in Q2 2026, $19.0 billion in Q1 2026, and $21.4 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Alphabet 4,226.97 Bn 3,797.93 Bn 73.85 Bn 44.92 Bn
2 Meta Platforms 1,534.26 Bn 1,444.00 Bn 49.47 Bn 30.12 Bn
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn -
4 Baidu 289.47 Bn 284.98 Bn 1.88 Mn -857.00 Mn
5 Spotify Technology 102.75 Bn 92.51 Bn 1.75 Bn -5.85 Mn
6 Joyy 77.93 Bn 77.04 Bn 205.64 Mn -
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 -
8 Nebius 49.20 Bn 39.57 Bn 295.20 Mn -2.47 Bn
9 Reddit 30.47 Bn 27.69 Bn 734.60 Mn 1.13 Mn
10 Tencent Music Entertainment 27.09 Bn 24.39 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 30.12 Bn
Jun 30, 2026 30.12 Bn
Mar 31, 2026 19.00 Bn
Mar 31, 2026 19.00 Bn
Dec 31, 2025 195.00 Mn
Dec 31, 2025 195.00 Mn
Sep 30, 2025 -20.34 Bn
Sep 30, 2025 -20.34 Bn
Jun 30, 2025 20.14 Bn
Jun 30, 2025 20.14 Bn
Mar 31, 2025 9.34 Bn
Mar 31, 2025 9.34 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