Meta Raises 2026 Capital Expenditure Outlook to $125 Billion–$145 Billion

Mark Zuckerberg said most of the increase is driven by higher component costs, particularly memory pricing, pointing to rising infrastructure expenses.

Summary

Meta increased its 2026 capital expenditure outlook to a range of $125 billion to $145 billion. Mark Zuckerberg said most of the higher spending is due to increased component costs, particularly memory pricing. The update points to rising costs for hardware and infrastructure, which are key inputs for large-scale computing systems used across major technology platforms.

Terms & Concepts
  • Capital expenditure: Long-term spending on physical assets such as data centers, servers, and other infrastructure used to support operations and growth.
  • Memory pricing: The cost of memory components used in computing hardware, which can materially affect budgets for servers and large-scale infrastructure.