Capex tracker
How much does Meta spend on capex each quarter?
Meta reported $33.9 billion of capex (“purchases of property and equipment”) for the quarter ended Sep 30, 2026, up 80% from $18.8 billion a year earlier. The figure is from its 10-Q filed with the SEC on Oct 22, 2026.
What was Meta’s capex in each recent quarter?
Meta’s quarterly capex is up 80% from a year earlier
| Quarter ended | Calendar quarter | Purchases of property and equipment | Including finance-lease principal payments | Filing |
|---|---|---|---|---|
| Sep 30, 2026 | Q3 2026 | $33.9 billion | $34.9 billion | 10-Q, filed Oct 22, 2026 |
| Jun 30, 2026 | Q2 2026 | $30.1 billion | $31.1 billion | 10-Q, filed Jul 30, 2026 |
| Mar 31, 2026 | Q1 2026 | $19.0 billion | $19.8 billion | 10-Q, filed Apr 30, 2026 |
| Dec 31, 2025 | Q4 2025 | $21.4 billion | $22.1 billion | 10-K, filed Jan 29, 2026 |
| Sep 30, 2025 | Q3 2025 | $18.8 billion | $19.4 billion | 10-Q, filed Oct 22, 2026 |
| Jun 30, 2025 | Q2 2025 | $16.5 billion | $17.0 billion | 10-Q, filed Jul 30, 2026 |
| Mar 31, 2025 | Q1 2025 | $12.9 billion | $13.7 billion | 10-Q, filed Apr 30, 2026 |
Line used: “Purchases of property and equipment”. Cash paid for property and equipment, from the investing section of the cash flow statement. Meta’s own capital expenditures figure also includes principal payments on finance leases; the chart shows that sum as a second marker. Quarters are placed in the calendar quarter that holds most of the period; the table gives the true period end. Each quarter is the difference between year-to-date totals in the filing linked in the last column.
What capex does Meta expect in 2026?
Meta anticipates 2026 capital expenditures, including principal payments on finance leases, of $135 billion to $145 billion. The release says this narrows its prior outlook of $130 billion to $145 billion. Meta third-quarter 2026 earnings release (EX-99.1), Oct 21, 2026.
The company’s wording is “capital expenditures, including principal payments on finance leases”. Compare it only with figures defined the same way.
How big are Meta’s lease commitments that have not started?
Meta reported $355.7 billion of leases not yet commenced as of Sep 30, 2026. Operating and finance leases not yet commenced, for data centers, energy-related infrastructure, colocations and certain network infrastructure. Expected to commence from the rest of 2026 through 2036, with terms from more than 1 year to 30 years. 10-Q filed Oct 22, 2026, Note 10, Commitments and contingencies.
A signed lease that has not begun is not on the balance sheet and is not in capex. Definitions differ by company, so compare with care.
Which data centers is Meta building?
8 tracked projects name Meta as a developer, operator or tenant in the Census.
- Meta Hyperion, Louisiana · 5,000 MW published
- Meta Maysville campus, Kentucky · 2,200 MW published
- Meta El Paso Data Center, Texas · 1,000 MW published
- Meta Lebanon Data Center, Indiana · 1,000 MW published
- Meta Prometheus, Ohio · 1,000 MW published
- Meta Beaver Dam Data Center, Wisconsin · 220 MW published
- Meta Cheyenne Data Center, Wyoming
- Meta Rosemount Data Center, Minnesota
Meta capex: common questions
How much did Meta spend on capex last quarter?
Meta reported $33.9 billion on “purchases of property and equipment” for the quarter ended Sep 30, 2026, up 80% from $18.8 billion a year earlier. The figure comes from its filing with the SEC.
What capex does Meta expect in 2026?
Meta anticipates 2026 capital expenditures, including principal payments on finance leases, of $135 billion to $145 billion. The release says this narrows its prior outlook of $130 billion to $145 billion. Source: Meta third-quarter 2026 earnings release (EX-99.1), Oct 21, 2026.
What are Meta’s lease commitments that have not started?
Meta reported $355.7 billion of leases not yet commenced as of Sep 30, 2026. Operating and finance leases not yet commenced, for data centers, energy-related infrastructure, colocations and certain network infrastructure. Expected to commence from the rest of 2026 through 2036, with terms from more than 1 year to 30 years.
Is Meta’s capex all AI spending?
No. The figure is total capex from the cash flow statement. Meta does not split it into AI and other spending in the line used here, so the Census does not call it AI capex.
Sources: Meta 10-Q for the quarter ended Sep 30, 2026 · Meta third-quarter 2026 earnings release (EX-99.1).
Related: All companies · Microsoft · Alphabet · Amazon · Oracle · CoreWeave
Cite this page
Last updated Oct 31, 2026. Figures may change as records are updated — include the date you retrieved them.
| APA | Data Center Census. (2026). Meta capex. Retrieved from https://datacentercensus.com/ai-capex/meta |
|---|---|
| MLA | “Meta capex.” Data Center Census, Oct 31, 2026, https://datacentercensus.com/ai-capex/meta. |
| Link | https://datacentercensus.com/ai-capex/meta |
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