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1 Big Surprise From Meta Platforms' Earnings

The Facebook parent reported one big surprise in its earnings report, and it's not what you might expect.

By Matt Frankel, CFP and Tyler Crowe – Feb 2, 2026 at 2:11PM EST

Meta Platforms (META 2.42%) recently reported earnings that handily beat expectations on both the top and bottom lines, but the expected capital expenditures for 2026 were the real highlight of the company's report. In this video, you'll hear why two Fool.com analysts were not only surprised at the rate of spending, but at how the market reacted to it.

*Stock prices used were the morning prices of Jan 29, 2026. The video was published on Feb.1, 2026.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst and personal finance expert covering financial stocks, REITs, SPACs, and personal finance. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, The National Desk, and other TV networks and publications for his financial, stock market, and investing expertise.
TMFMattFrankel
X@MattFrankelCFP

Matt Frankel, CFP has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Meta Platforms Stock Quote
Meta Platforms
NASDAQ: META
$639.05
(-2.41%)-$15.81

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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