capital expenditures, FY2023
Meta Platforms, Inc. expects capital expenditures of $34 billion to $39 billion for FY2023.
Guided $34 to $39 billion on 26 Oct 2022; reported $28.1 billion 463 days later; below the range by 17.4%, better than guided.
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- Status
- missed better than guided
- Guided
- $34 to $39 billion
- Stated
- 2022-10-26
- Reported
- $28.1 billion
- Outcome date
- 2024-02-01
- Days to falsifiable
- 463
- Acknowledged
- no
The guidance
For 2023, we expect capital expenditures to be in the range of $34-39 billion, driven by our investments in data centers, servers, and network infrastructure.
8-K 0001326801-22-000105, filed 2022-10-26 View on EDGAR
The outcome
Capital expenditures – Capital expenditures, including principal payments on finance leases, were $7.90 billion and $28.10 billion for the fourth quarter and full year 2023, respectively.
8-K 0001326801-24-000010, filed 2024-02-01 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.