# Meta reported mixed quarterly results, with revenue of $56.3bn, up 33% y-o-y.

*business · news · 2026-04-30 · MarketScreener*

## Key points

- Meta raised its annual capex forecast to $125–145bn, citing higher component costs and data center expansion.
- Quarterly capex was $19.84bn, below expectations despite the increase in the annual target.
- Daily active users reached 3.56 billion, missing analyst expectations by 60 million.
- Meta invested $14.3bn in Scale AI and launched the Muse Spark model via Meta Superintelligence Labs.

**Companies:** Meta
**Countries:** Iran, Russia, United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/meta-retreats-despite-solid-revenue-weighed-on-by-metrics-and-capex-ce7f58dbd888f221)

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