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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 1.09 Mn
6 Pinterest 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
DateValue
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