Overview
- Meta beat expectations with roughly $59.9 billion in Q4 revenue and $24.7 billion in operating profit, and guided current-quarter revenue up to $56.5 billion.
- Capital expenditures are forecast at $115–$135 billion this year, up from about $72.2 billion in 2025, largely to expand AI data centers and compute.
- Reality Labs’ revenue fell to $955 million as operating losses widened to about $6 billion in Q4, and reporting indicates roughly 10% of roles in the unit will be cut with resources shifting toward wearables.
- Meta is building gigawatt-scale U.S. data centers, including a project in Louisiana, and has energy partnerships with Vistra, Oklo and TerraPower to bolster power supply.
- Across Big Tech, AI demand lifted results—Microsoft and Samsung also topped forecasts—even as companies ramp heavy spending on chips and cloud infrastructure.