Meta (META) Raises 2026 Capex Guidance to $130-$145 Billion

Meta Platforms (META) increased its 2026 capital expenditure guidance to between $130 billion and $145 billion from a previous range of $125 billion to $145 billion. This increase nearly doubles its total 2025 spending of $72.215 billion. In Q2 2026, Meta reported a 91% drop in free cash flow and an operating margin decrease from 43% to 31%. With $90.3 billion in cash and marketable securities and $83.7 billion in debt, Meta aims to position itself as a significant AI infrastructure operator, indicating potential long-term growth opportunities for investors.

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