Meta Q1 2026: Revenue Up 33% to $56.3B, AI Capex Guidance Raised to $125B–$145B
CNBC·high signal
Meta beat Q1 estimates with $56.3B revenue (up 33% YoY) and reported that AI-driven ad tools boosted conversion rates by 6% — the first quarter with a quantified AI ad performance gain. Capex guidance was raised to $125B–$145B from $115B–$135B, spooking investors and sending shares lower despite strong results. Weekly Business AI conversations on WhatsApp/Messenger hit 10 million.