Meta Platforms, Inc.

capital expenditures, FY2021

Meta Platforms, Inc. expects capital expenditures of $21 billion to $23 billion for FY2021.

Guided $21 to $23 billion on 27 Jan 2021; reported $19.24 billion 371 days later; below the range by 8.4%, better than guided.

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Status
missed better than guided
Guided
$21 to $23 billion
Stated
2021-01-27
Reported
$19.24 billion
Outcome date
2022-02-02
Days to falsifiable
371
Acknowledged
no

The guidance

We continue to expect 2021 capital expenditures to be in the range of $21-23 billion, driven by data centers, servers, network infrastructure, and office facilities.

8-K 0001326801-21-000011, filed 2021-01-27 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.