Meta Forecasts $115B-$135B Capex and $169B Expenses for 2026
Meta Platforms forecasts 2026 capital expenditures of $115 billion to $135 billion and total annual expenses up to $169 billion, placing it among the highest spenders in Big Tech. The guidance highlights Meta’s ramp-up in AI infrastructure and data-center expansion over the next year.
1. Meta’s 2026 Capex Guidance
Meta Platforms has guided 2026 capital expenditures between $115 billion and $135 billion, marking a significant increase from prior years and underscoring its commitment to scaling infrastructure.
2. Expense Projections
The company projects total annual operating expenses of up to $169 billion in 2026, reflecting rising costs associated with expanded data-center operations and AI development.
3. Industry Capex Comparison
Meta’s planned outlay ranks behind Amazon’s $200 billion AI-focused capex and Alphabet’s $175 billion-$185 billion range, yet far exceeds Microsoft’s $37.5 billion AI spending in the latest quarter.
4. Strategic Investment Focus
The elevated capex and expense outlook highlights Meta’s strategic push into advanced AI servers, networking hardware and global data-center builds to support its next-generation services.