Hyperscaler capex

Meta capex, CY2025 Q4

Meta reported $22.1B of capex for CY2025 Q4, the quarter covering October to December 2025. Guidance given that day: $115B to $135B for CY2026.

Meta operates social and messaging apps and sells advertising to businesses. Its company-wide infrastructure spending supports its consumer services and AI development.

Capex, CY2025 Q4$22.1B
Guided, CY2026$115B to $135B
Announced28 Jan 2026

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Every field, with its source

Source per value
Reported quarter
CY2025 Q4 1
Calendar quarter
2025 Q4 1
Quarter end
2025-12-31 1
Announced
2026-01-28 1
“January 28, 2026”
Capex (USD million)
22,140 1
“$22.14 billion”
Guidance period
CY2026 1
Guidance low (USD million)
115,000 1
“$115-135 billion”
Guidance high (USD million)
135,000 1
“$115-135 billion”
Capex definition
Company-wide capital expenditures including principal payments on finance leases. 1

Sources

  1. Meta investor relations: Meta CY2025 Q4 accessed 2026-11-11

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