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Meta Platforms and Microsoft post earnings amid soaring AI investments
Meta Platforms reported first‑quarter 2026 revenue of $56.311 billion, a 33 % year‑over‑year increase, with ad impressions up 19 % and average ad price up 12 %. The company maintained an operating margin of 41 % despite spending $18.997 billion on AI‑related capital expenditures and raising its AI capex range to $125‑$145 billion. Free cash flow for the quarter was $12.39 billion and the firm guided second‑quarter revenue to $58‑$61 billion. Meta also signed a $21 billion expanded AI‑infrastructure deal with CoreWeave, bringing total commitments to CoreWeave to $35 billion, and a long‑term agreement with Nebius valued at up to $27 billion. It is in talks with Anthropic to lease up to $10 billion of computing power.
Microsoft posted cloud revenue of $54.5 billion, up 29 % YoY, and recorded an operating margin of 45.62 % with a return on equity of 33.28 %. AI‑related annual revenue reached $37 billion, a 123 % increase. Third‑quarter capital spending rose 84.39 % to $30.88 billion, and the company maintains a 2026 capex plan of $190 billion. Shares of Meta slipped below $600, while Microsoft’s stock fell to $390.34 amid market concerns over AI spending.
Entities
Amy Hood · Anthropic · CoreWeave · Mark Zuckerberg · Meta Platforms Inc. · Meta Platforms, Inc. · Microsoft Corp · Microsoft Corp. · Microsoft Corporation · Nebius Group · OpenAI
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Microsoft recorded cloud revenue of $54.5 billion in its latest quarter, up 29% YoY. www.brasilemfolhas.com.br
- [○ 1 SOURCE] Meta invested $18.997 billion in AI‑related capital expenditures during Q1 2026. www.brasilemfolhas.com.br
- [○ 1 SOURCE] Analysts expect Microsoft to raise its 2026 capex forecast to about $238 billion. news-krypto.de
- [○ 1 SOURCE] Microsoft posted an operating margin of 45.62 % and a return on equity of 33.28 % for the reporting period. www.brasilemfolhas.com.br
- [○ 1 SOURCE] Meta's operating margin in Q1 2026 was 41% with ROIC 20.69% and ROE 30.24%. www.brasilemfolhas.com.br
- [○ 1 SOURCE] Microsoft's Q3 capital spending rose 84.39% to $30.88 billion, with a 2026 capex plan of $190 billion. www.brasilemfolhas.com.br
- [○ 1 SOURCE] Meta Platforms reported first‑quarter 2026 revenue of $56.311 billion, a 33.08% increase year‑over‑year. www.brasilemfolhas.com.br
- [○ 1 SOURCE] Microsoft's AI annual revenue run rate reached $37 billion, a 123% increase YoY. www.brasilemfolhas.com.br
- [○ 1 SOURCE] Meta signed a $21 billion expanded AI infrastructure deal with CoreWeave, adding to a prior $14 billion deal for a total of $35 billion. www.fool.com
- [○ 1 SOURCE] Meta signed a long‑term AI infrastructure deal with Nebius valued up to $27 billion over five years. www.fool.com
- [○ 1 SOURCE] Meta is in talks with Anthropic to lease up to $10 billion of computing power over two years. www.fool.com
- [○ 1 SOURCE] Q1 ad impressions grew 19% YoY and the average price per ad rose 12% YoY. www.fool.com