capital expenditures, FY2023
Meta Platforms, Inc. expects capital expenditures of $30 billion to $33 billion for FY2023.
Guided $30 to $33 billion on 1 Feb 2023; reported $28.1 billion 365 days later; below the range by 6.3%, better than guided.
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- Status
- missed better than guided
- Guided
- $30 to $33 billion
- Stated
- 2023-02-01
- Reported
- $28.1 billion
- Outcome date
- 2024-02-01
- Days to falsifiable
- 365
- Acknowledged
- no
The guidance
We expect capital expenditures to be in the range of $30-33 billion, lowered from our prior estimate of $34-37 billion.
8-K 0001326801-23-000008, filed 2023-02-01 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.