Meta up; expects annual capital expenditures to rise

Meta Platforms' META.O shares rise 5% to $703.13 after the bell

Expects capital expenditure in range of $115 billion to 135 billion for 2026 vs $72.22 billion in 2025

META reports Q4 revenue of $59.89 billion, up 24% y-o-y, beating estimates of $58.59 billion, according to data compiled by LSEG

Sees Q1 revenue between $53.5 billion and $56.5 billion, vs estimate of $51.41 billion

META rose over 12.5% in 2025