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Meta, one of the biggest buyers of AI data-centre capacity, paid $34.91 billion for property, equipment and finance leases in the third quarter of 2026, more than its operating cash flow, so Meta's free cash flow was negative $2.12 billion in Q3 2026, even as revenue rose 26% to $64.60 billion
Verified 2026-10-25
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When even a cash machine like Meta spends more on AI build-out than its business brings in, investors start asking how long that pace can be funded.
- Price
- $627.27
- 30D
- -15.28%
- AI share of revenue
- Not disclosed
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Meta’s exposure cardWhat share of the business the AI build-out actually isMeta deep diveRead from its own filings: what it sells, and what could breakThe screener · 72 companiesEvery layer of the AI chain, priced dailyHow this was verifiedEvery figure links to the filing it came from
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- Applied Digital's fiscal first quarter 2027, ended August 31, 2026, brought revenue of $341.9 million, up 322% year-over-year, as the data-center builder's AI capacity buildout for hyperscaler customers ramped
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