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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -23.25 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -5.66 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 1.13 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 22.95 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 17.31 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 55.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 21.38 Bn |
| Dec 31, 2025 | 21.38 Bn |
| Sep 30, 2025 | 18.83 Bn |
| Sep 30, 2025 | 18.83 Bn |
| Jun 30, 2025 | 16.54 Bn |
| Jun 30, 2025 | 16.54 Bn |
| Mar 31, 2025 | 12.94 Bn |
| Mar 31, 2025 | 12.94 Bn |
| Dec 31, 2024 | 14.43 Bn |
| Dec 31, 2024 | 14.43 Bn |
| Sep 30, 2024 | 8.26 Bn |
| Sep 30, 2024 | 8.26 Bn |
| Jun 30, 2024 | 8.17 Bn |
| Jun 30, 2024 | 8.17 Bn |
| Mar 31, 2024 | 6.40 Bn |
| Mar 31, 2024 | 6.40 Bn |