Meta shares rose 10% in after-market buying and selling Wednesday after the corporate reported better-than-expected fourth-quarter earnings and outlined plans to considerably enhance spending on synthetic intelligence infrastructure.
Meta reported fourth-quarter income of $59.89 billion, up 24% yr over yr, and web earnings of $22.77 billion, up 9%. Earnings for the quarter have been $8.88 per diluted share. Each gross sales and earnings marked quarterly data for the corporate.
Mehta mentioned it plans to extend capital spending to $115 billion to $135 billion in 2026, in comparison with $72.2 billion in 2025. Chief Monetary Officer Susan Lee mentioned the rise will likely be pushed by investments supporting the Meta Superintelligence Lab and the corporate’s core promoting enterprise.
Regardless of the sharp enhance in spending, Meta expects working revenue in 2026 to exceed 2025 ranges. The corporate expects first-quarter 2026 income to be between $53.5 billion and $56.5 billion, with infrastructure prices and expertise hiring being the primary drivers of the expense enhance.
CEO Mark Zuckerberg mentioned Meta is targeted on reaching robust leads to 2025 and evolving private superintelligence globally in 2026.
Meta inventory was buying and selling round $738 in market buying and selling following the announcement.
