capital expenditures, FY2021
Meta Platforms, Inc. expects capital expenditures of $21 billion to $23 billion for FY2021.
Guided $21 to $23 billion on 29 Oct 2020; reported $19.24 billion 461 days later; below the range by 8.4%, better than guided.
01ENRTEW00HQD2GMMW3Q8PDN1J
- Status
- missed better than guided
- Guided
- $21 to $23 billion
- Stated
- 2020-10-29
- Reported
- $19.24 billion
- Outcome date
- 2022-02-02
- Days to falsifiable
- 461
- Acknowledged
- no
The guidance
For 2021, we anticipate capital expenditures to be in the range of $21-23 billion, driven by investments in data centers, servers, network infrastructure, and office facilities.
8-K 0001326801-20-000081, filed 2020-10-29 View on EDGAR
The outcome
Capital expenditures – Capital expenditures, including principal payments on finance leases, were $5.54 billion and $19.24 billion for the fourth quarter and full year 2021, respectively.
8-K 0001326801-22-000015, filed 2022-02-02 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.