What is Meta Platforms, Inc.'s capex?

Meta Platforms, Inc. (META) reported capex of $19B 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 $19B.

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 property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Meta Platforms, Inc. META CapEx

CapEx at other companies

AppleAAPL

$1.97B-35.8%

Stagwell Inc.STGW

$10.67M+84.7%

Match GroupMTCH

$20.38M+32.1%

VeriSignVRSN

$7.2M+24.1%

AmazonAMZN

$44.2B+76.7%

Nexstar Media Group, Inc.NXST

$22M-37.1%

Other financials

Income statement

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Revenue$56.3B+33.1%

Gross profit$46.1B+32.7%

Operating income$22.9B+30.3%

Net income$26.8B+60.9%

EPS (diluted)$10.44+62.4%

Balance sheet

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Cash & equivalents$31.1B+3.4%

Total debt$86.8B+75.2%

Total equity$243.68B+31.7%

Total assets$395.25B+41.1%

Cash flow

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Operating cash flow$32.2B+34.1%

Free cash flow$13.2B+19.3%

Valuation

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Market cap$1.38T-19.7%

Enterprise value$1.43T-17.4%

P/E19.5×-6.2×

P/S6.4×-3.7×

Profitability

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Gross margin81.9%+0.2pp

Operating margin41.2%-1.7pp

Net margin32.8%-6.3pp

FCF margin22.4%-8.3pp

Returns & leverage

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Return on equity32.9%-6.9pp

Debt / equity0.4×+0.1×

Current ratio2.3×-0.3×

Where this comes from

Reported directly by Meta Platforms, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Meta Platforms, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Meta Platforms, Inc.'s capex?: Meta Platforms, Inc. (META) reported capex of $19B 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 $19B.
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 property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.