Key Facts
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Meta Platforms (NASDAQ: META) reported a 24% year-over-year revenue increase in Q4 2023, alongside an 11% growth in earnings per share, despite a 40% rise in costs.
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For 2026, the company anticipates capital expenditures between $115 billion and $135 billion, projecting a 73% year-over-year growth compared to 2025’s $72.2 billion.
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Meta aims for Q1 2024 revenue growth of 26% to 34%, factoring in a four percentage point boost from foreign exchange rates.
During its fourth-quarter earnings call, Meta emphasized significant growth opportunities, particularly in improving core products and leveraging AI technologies. CFO Susan Li detailed plans for increased investment to support these initiatives, while CEO Mark Zuckerberg identified several major business prospects on the horizon.
