Meta plans massive increase in capital spending to build superintelligence infrastructure
Meta Platforms, Inc. announced a 73 percent increase in its 2026 capital expenditure plan to build AI infrastructure. Advertising revenue grew significantly as shares rose after hours.
Insights:
Meta Platforms, Inc. announced on January 28, 2026, that it expects its capital expenditure for 2026 to reach between $115 billion and $135 billion. This new guidance represents a 73% increase over previous comparisons and follows the $72.22 billion the company spent in capital expenditures during the prior year. The planned budget significantly exceeds the $109.9 billion in spending that analysts at Visible Alpha had anticipated for the company.
This announcement coincided with strong financial results for the quarter ended December 31. Meta Platforms, Inc.reported fourth-quarter advertising revenue of $58.14 billion, marking a 24% increase from $46.78 billion reported a year earlier. The company successfully beat profit and revenue estimates for the quarter and provided a first-quarter revenue guide of $53.5 billion to $56.5 billion, which sits above the $51.41 billion average estimate from analysts according to LSEG data.
