Meta anticipates that its capital expenditures will range from $135 billion to $145 billion by 2026. The company stated that its AI investments have already yielded tangible returns by enhancing user engagement, optimizing ad performance, and improving monetization efficiency. Moving forward, Meta will continue to invest in areas such as personal superintelligence, consumer and enterprise-grade AI agents, and AI glasses. Funding sources will include operating cash flow, investment-grade debt, strategic partnerships, and equity capital. In the first three quarters of 2026, Meta's operating cash flow reached $97 billion; as of the end of the third quarter, the company held approximately $82 billion in cash, cash equivalents, and marketable securities.
