Meta Q3 capex hits $34.9B, up 80% YoY; full-year guidance raised to $135-145B

Beth_Kindig · x · 2026-10-22

Meta reported Q3 capital expenditures of $34.9 billion, up 80% year over year. The company raised its full-year capex guidance to $135-145 billion from $130-145 billion, implying Q4 spending of more than $54 billion at the midpoint — a sign its AI infrastructure buildout keeps accelerating.

Related event: Meta Q3 Revenue Beats at $64.6B, Raises Capex Outlook(4 posts)→

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