Meta shares jumped 10% in post-market trading on Wednesday after the company reported stronger-than-expected fourth-quarter earnings and outlined plans to sharply increase spending on artificial intelligence infrastructure.
Meta reported fourth quarter revenue of $59.89 billion up 24% year over year and net income of $22.77 billion up 9%. Earnings came in at $8.88 per diluted share for the quarter. Both revenue and profit marked quarterly records for the company.
Meta said it plans to increase capital expenditures in 2026 to between $115 billion and $135 billion, compared with $72.2 billion in 2025. Chief Financial Officer Susan Li said the increase would be driven by investments supporting Meta Superintelligence Labs and the company’s core advertising business.
Despite the jump in spending, Meta expects operating income in 2026 to exceed 2025 levels. The company forecast first-quarter 2026 revenue of $53.5 billion to $56.5 billion, with infrastructure costs and technical hiring as the main drivers of expense growth.
Chief Executive Officer Mark Zuckerberg said Meta delivered strong business performance in 2025 and is focused on advancing personal superintelligence globally in 2026.
Meta stock was trading near $738 in post-market action following the release.