Meta Platforms’ overseas sales accounted for 42% of total revenue in Q4 2025, up from 38% a year earlier. Growth was driven by double-digit expansion in Europe and Latin America, where advertising demand recovered faster than anticipated. Wall Street analysts have revised full-year 2026 revenue forecasts upward by 3 percentage points, citing the company’s stronger currency-hedged ad yield in markets such as Germany, Brazil and India. However, management cautioned that regulatory scrutiny in the European Union could introduce headwinds to cross-border data flows and ad targeting precision.

In its January earnings release, Meta reported revenue of $59.9 billion, a 24% increase year-over-year, and non-GAAP earnings per share of $3.88, exceeding consensus by $0.15. North American ad impressions accelerated by 16%, offsetting softer pricing trends in the Asia Pacific region where ad revenue growth slowed to 14%. For Q1 2026, the company provided guidance of $61 billion to $63 billion in revenue, implying year-over-year growth of 22% at the midpoint, and outlined capital expenditures of roughly $34 billion for the full year, reflecting continued investment in data centers and AI hardware.

Meta’s capex commitment to artificial intelligence reached $12 billion in 2025, up from $7.5 billion the prior year. The bulk of that spend financed the build-out of three hyperscale data centers in Virginia and Texas, each equipped with next-generation AI accelerators. Management emphasized that these facilities will support the rollout of advanced computer vision models in its Reality Labs division and power real-time translation services across Facebook and Instagram. Analysts note that while these investments position the company as a leader in AI compute, they leave limited margin for execution missteps given the steep depreciation schedules on specialized servers.

In partnership with Zelestra, Meta expanded its US clean energy portfolio with a power purchase agreement for the 176 MWdc Skull Creek Solar Plant in Texas. This marks the seventh US project under contract, bringing the total to 1.2 GWdc of solar capacity scheduled for operation by 2028. The deal follows the commercial launch of an 81 MWdc solar facility in Indiana in late 2025. Company executives highlighted that matching 100% of its electricity consumption with renewable generation remains a strategic priority, and that these long-term PPAs are structured with fixed pricing to hedge against future utility rate increases.