Capital Expenditures for Meta (META)
According to Meta's latest reported financial statements, the company's current capital expenditures (TTM) is $75.75B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
META
Currently viewingCapital ExpendituresSwitch metric
Latest period
$75.75B
YoY change
+87.1%
5Y CAGR
+35.8%
Peak year (2025)
$69.69B
Cumulative capital expenditures
$247.45B
CapEx history chart for Meta (META) from 2009 to 2025
CapEx history table for Meta (META) from 2009 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $69.69B | +87.1% | ||
| 2024 | $37.26B | +36.6% | ||
| 2023 | $27.27B | -13.3% | ||
| 2022 | $31.43B | +69.3% | ||
| 2021 | $18.57B | +22.8% | ||
| 2020 | $15.12B | +0.1% | ||
| 2019 | $15.10B | +8.5% | ||
| 2018 | $13.91B | +106.7% | ||
| 2017 | $6.73B | +49.9% | ||
| 2016 | $4.49B | +78.0% | ||
| 2015 | $2.52B | +37.8% | ||
| 2014 | $1.83B | +34.4% | ||
| 2013 | $1.36B | +10.3% | ||
| 2012 | $1.24B | +103.8% | ||
| 2011 | $606.00M | +106.8% | ||
| 2010 | $293.00M | +787.9% | ||
| 2009 | $33.00M | — |
CapEx values are taken from Meta's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Meta (META) reported capital expenditures of $69.69B – surged 87.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Meta capital expenditures compounded at +35.8% per year, sustaining 2 straight years of year-over-year growth.
$69.69B stands as the all-time-high annual capital expenditures, posted in 2025, against a low of $33.00M during 2009.
Within Communication Services, Meta (META) ranks 2nd among 8 peers we track. The peer median for capital expenditures is $10.85B.
Meta Capital Expenditures by Year
Meta Capital Expenditures 2025: $69.69B
Meta capital expenditures in 2025 was $69.69B, surged 87.1% from 2024. This figure represents the highest annual value in the available history.
Meta Capital Expenditures 2024: $37.26B
Meta capital expenditures in 2024 was $37.26B, surged 36.6% from 2023.
Meta Capital Expenditures 2023: $27.27B
Meta capital expenditures in 2023 was $27.27B, declined 13.3% below 2022.
Meta Capital Expenditures 2022: $31.43B
Meta capital expenditures in 2022 was $31.43B, surged 69.3% from 2021.
Meta Capital Expenditures 2021: $18.57B
Meta capital expenditures in 2021 was $18.57B.
See more financial history for Meta (META).
Sector peers — CapEx
Companies in the same sector as Meta, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $91.45B | Communication Services |
| AT&T Inc. (T) | $20.84B | Communication Services |
| Verizon Communications Inc. (VZ) | $17.01B | Communication Services |
| Comcast Corporation (CMCSA) | $11.75B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $9.96B | Communication Services |
| The Walt Disney Company (DIS) | $8.02B | Communication Services |
| Netflix, Inc. (NFLX) | $688.22M | Communication Services |
| Spotify Technology S.A. (SPOT) | $61.00M | Communication Services |
Frequently asked questions
What is Meta's capital expenditures?
- Latest reported capital expenditures for Meta (META) is $75.75B (period ending March 31, 2026).
How has Meta capital expenditures changed year-over-year?
- Meta (META) capital expenditures changed +87.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Meta capital expenditures?
- Meta (META) capital expenditures compound annual growth rate is +35.8% over the most recent 5 years available.
When did Meta capital expenditures hit its highest annual value?
- Meta capital expenditures reached its highest annual value of $69.69B in 2025.
What was Meta capital expenditures in 2024?
- Meta (META) capital expenditures in 2024 was $37.26B.
What was Meta capital expenditures in 2025?
- Meta (META) capital expenditures in 2025 was $69.69B.
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