Meta Platforms: capex was 78% of operating cash flow over the last four quarters to 2026 Q3, up from 58% a year earlier
Free cash flow after capex $28.6B · Capex up 66% and operating income down 3% on the four quarters before
Companies/Indices · What the spending is buying · SEC 10-Q and 10-K filings (cash flow statements) · 29 Sep 2026
Companies named: META