Meta Raises Full-Year Capex to $130 Billion, Misses Second-Quarter Earnings Estimates
Meta reported second-quarter earnings that missed profit estimates and beat revenue forecasts, while raising its full-year capital expenditure and total expense guidance. The company posted earnings per share of $6.18 against a $7.14 estimate, while revenue rose to $60.8B, surpassing expectations of $60.24B.
The company increased its full-year capital expenditure outlook to a range of $130B to $145B from $125B to $145B, and lifted its total expense forecast to $165B to $169B from $162B to $169B. The spending upgrade follows a 27% year-over-year revenue increase, driven by a 12% rise in ad prices and a 14% jump in impressions, as the company guides for third-quarter revenue between $61B and $64B.
From the sources (13 posts)
@stockmktnewzMeta Platforms $META just said it plans to spend between $130B - $145B on CAPEX this year compared to its prior guidance of between $125B-$145B
@rihardjarc$META earnings are out: - Revenue $60.8B, up 27% YoY - Ad prices + 12% YoY, Ad impressions +14% YoY - Q3 revenue guidance $61-$64B
@trendspider$META DUMPS ON AN EARNINGS MISS AND INCREASED CAPEX 🩸 2026 CAPEX $130B - $145B est ❌ Q2 EPS: $6.18 vs $7.13 est ✅ Q2 REV: $60.801B vs $59.495B est 🟥 -7.18%
@stocksavvyshay$META Q2 EARNINGS • Revenue $60.8B vs Est. $60.3B • EPS $6.18 vs Est. $7.22 • FCF $784M vs Est. ($848M) Q3 Guidance • Revenue $63B vs Est. $63B FY26 Guidance • CapEx $138B vs Est. $135B
@kobeissiletterBREAKING: Meta stock, $META, crashes over -9% after reporting weaker than expected earnings.
@zerohedge*META SEES FY CAPEX $130B TO $145B, SAW $125B TO $145B CDS limit up you say?
@financialjuice🔴$META Meta Q2 Earnings & Q3 Guidance EPS $6.18 vs. $7.14 y/y Revenue $60.80B, est. $60.24B Sees Q3 Revenue $61B–$64B, est. $63.17B Operating Income $18.78B, -8.2% y/y Advertising Revenue $59.36B, est. $59.07B Family of Apps Revenue $60.37
@yahoofinance$META Q2 earnings 💵 Revenue: $60.8B vs $60.24B expected 💲 EPS: $6.18 vs $7.14 expected 💸 Full-year capex: $130B to $145B vs $125B to $145B previously
@negligible_cap*META SEES FY CAPEX $130B TO $145B, SAW $125B TO $145B More capex for $META
@tradfi*META SEES FY TOTAL EXPENSES $165B TO $169B, SAW $162B TO $169B $META
@tradfi*META SEES FY CAPEX $130B TO $145B, SAW $125B TO $145B $META
@stockmktnewzMETA PLATFORMS $META JUST REPORTED EARNINGS EPS of $6.18 missing expectations of $7.18🔴 Revenue of $60.8B beating expectations $60.2B🟢
@tradfi*META 2Q EPS $6.18 VS. $7.14 Y/Y *META 2Q REV. $60.80B, EST. $60.24B $META