Meta reported a loss of 20 million "Family daily active people" across its platforms last quarter, which the company attributed to internet disruptions in Iran and WhatsApp restrictions in Russia. Despite the user decline, Meta increased its 2026 capital expenditure projections by $10 billion to $125-145 billion, citing underestimated computing demands and higher component costs, while reporting 33 percent revenue growth to $56.3 billion.
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Meta reported a loss of 20 million "Family daily active people" across its platforms last quarter, which the company attributed to internet disruptions in Iran and WhatsApp restrictions in Russia. Despite the user decline, Meta increased its 2026 capital expenditure projections by $10 billion to $125-145 billion, citing underestimated computing demands and higher component costs, while reporting 33 percent revenue growth to $56.3 billion.