capital expenditures, FY2025
Meta Platforms, Inc. expects capital expenditures of $66 billion to $72 billion for FY2025.
Guided $66 to $72 billion on 30 Jul 2025; reported $72.22 billion 182 days later; above the range by 0.3%, worse than guided.
01K1CA1X0079GD71X1NRYRFMQ0
- Status
- missed worse than guided
- Guided
- $66 to $72 billion
- Stated
- 2025-07-30
- Reported
- $72.22 billion
- Outcome date
- 2026-01-28
- Days to falsifiable
- 182
- Acknowledged
- no
The guidance
We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion, narrowed from our prior outlook of $64-72 billion and up approximately $30 billion year-over-year at the mid-point.
8-K 0001628280-25-036719, filed 2025-07-30 View on EDGAR
The outcome
Capital expenditures – Capital expenditures, including principal payments on finance leases, were $22.14 billion and $72.22 billion for the fourth quarter and full year 2025, respectively.
8-K 0001628280-26-003832, filed 2026-01-28 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.