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 39.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.61B | $4.31B | $5.37B | $5.44B | $7.57B | $9.38B | $9.04B | $6.84B | $6.22B | $6.54B | $7.67B | $6.40B | $8.17B | $8.26B | $14.43B | $12.94B | $16.54B | $18.83B | $21.38B | $19.00B |
| QoQ Change | — | -6.5% | +24.5% | +1.3% | +39.2% | +23.8% | -3.5% | -24.3% | -9.1% | +5.3% | +17.1% | -16.5% | +27.7% | +1.0% | +74.7% | -10.3% | +27.8% | +13.9% | +13.6% | -11.2% |
| YoY Change | — | — | — | — | +64.2% | +117.3% | +68.4% | +25.7% | -17.9% | -30.2% | -15.2% | -6.5% | +31.5% | +26.2% | +88.2% | +102.2% | +102.3% | +128.0% | +48.2% | +46.8% |
Range$4.31B – $21.38B
CAGR+34.7%
Avg YoY Growth+48.7%
Median YoY Growth+47.5%
CapEx at Other Companies
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 39.2% compound annual growth rate (CAGR), from $18.57B to $69.69B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.