Hyperscaler capex

Meta capex, CY2026 Q1

Meta reported $19.8B of capex for CY2026 Q1, the quarter covering January to March 2026. That is +45% on the $13.7B of the same quarter a year earlier (CY2025 Q1). Guidance given that day: $125B to $145B 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, CY2026 Q1$19.8B
Year on year+45%
Guided, CY2026$125B to $145B
Announced29 Apr 2026

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Every field, with its source

Source per value
Reported quarter
CY2026 Q1 1
Calendar quarter
2026 Q1 1
Quarter end
2026-03-31 1
Announced
2026-04-29 1
“April 29, 2026”
Capex (USD million)
19,840 1
“$19.84 billion”
Guidance period
CY2026 1
Guidance low (USD million)
125,000 1
“$125-145 billion”
Guidance high (USD million)
145,000 1
“$125-145 billion”
Capex definition
Company-wide capital expenditures including principal payments on finance leases. 1

Sources

  1. Meta investor relations: Meta CY2026 Q1 accessed 2026-11-11

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