Investing

CapEx

Meta Platforms, Inc. CapEx decreased by 11.2% to $19.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 46.8%, from $12.94B to $19.00B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 39.0% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.

Detailed definition

This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...

Peer comparison

Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.

Metric ID: capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.64B$4.35B$5.40B$5.44B$7.57B$9.38B$8.80B$6.82B$6.13B$6.50B$7.59B$6.40B$8.17B$8.26B$14.43B$12.94B$16.54B$18.83B$21.38B$19.00B
QoQ Change-6.4%+24.3%+0.8%+39.2%+23.8%-6.2%-22.4%-10.1%+5.9%+16.9%-15.7%+27.7%+1.0%+74.7%-10.3%+27.8%+13.9%+13.6%-11.2%
YoY Change+63.2%+115.7%+62.9%+25.4%-19.0%-30.7%-13.7%-6.2%+33.2%+27.1%+90.0%+102.2%+102.3%+128.0%+48.2%+46.8%
Range$4.35B$21.38B
CAGR+34.5%
Avg YoY Growth+48.5%
Median YoY Growth+47.5%

Frequently Asked Questions

What is Meta Platforms, Inc.'s capex?
Meta Platforms, Inc. (META) reported capex of $19.00B in Q1 2026.
How has Meta Platforms, Inc.'s capex changed year-over-year?
Meta Platforms, Inc.'s capex increased by 46.8% year-over-year, from $12.94B to $19.00B.
What is the long-term trend for Meta Platforms, Inc.'s capex?
Over 4 years (2021 to 2025), Meta Platforms, Inc.'s capex has grown at a 39.0% compound annual growth rate (CAGR), from $18.69B to $69.69B.
What does capex mean?
Cash spent on purchasing or maintaining physical assets like machinery and facilities.