Earnings call briefThird-quarter 2026
Meta Platforms narrows 2026 capex outlook to $135 billion to $145 billion
Meta Platforms also expects 2026 Reality Labs losses to fall to $18 billion to $19 billion, with an operating loss of around $15 billion next year.
GetSignal Meta Platforms META
Meta Platforms said on its third-quarter call it now expects 2026 capital expenditures, including principal payments on finance leases, of $135 billion to $145 billion, narrowed from $130 billion to $145 billion.
It expects Reality Labs losses to decline from 2025 to $18 billion to $19 billion in 2026. It expects the operating loss to fall to around $15 billion next year as it reallocates investment toward AI.
Quotes from the call
“For 2026, we anticipate capital expenditures, including principal payments on finance leases, to be in the range of $135 billion to $145 billion narrowed from our prior outlook of $130 billion to $145 billion.”
Key facts from the call
- Expected 2026 capital expenditures
- $135 billion to $145 billion, narrowed from $130 billion to $145 billion
- Expected 2026 Reality Labs losses
- $18 billion to $19 billion
- Expected next-year Reality Labs operating loss
- around $15 billion
Source: Meta Platforms' third-quarter 2026 earnings call, October 21, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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