Meta Platforms Reports Strong Q1 Earnings but Raises Capital Expenditure Guidance and Plans Large Debt Deal
Meta Platforms (META) reported strong Q1 2026 earnings with a 33% YoY revenue increase to $56.3B and $10.44 EPS, but raised its capex guidance to $125-$145B and plans a $25B 40-year debt deal at a 6% coupon. Despite the positive financial results, the stock fell 9.79% following the earnings report, as the market focused on the increased capital spending and debt issuance.
Topics: Advertising Revenue AI Infrastructure Capex Guidance Debt Issuance Earnings