product · May 18, 2026
Meta Increases FY26 CapEx Guidance to $125 Billion-$145 Billion
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Meta increased FY26 CapEx guidance to $125 billion-$145 billion, an increase from the prior $115 billion-$135 billion range. Q1 revenue climbed 33% YoY to $56.3 billion while ad impressions rose 19% and average ad prices increased 12%. Reality Labs revenue declined 2% YoY to $402 million. Meta AI adoption accelerated across Facebook, Instagram, WhatsApp, and Ray-Ban devices as Business AI conversations surged 10x YTD. On risks, Meta has increased FY26 CapEx forecasts to $125 billion-$145 billion and this revision moved the range up from $115 billion-$135 billion.
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