Meta lost 20 million users last quarter

Meta said its combined daily active user count fell by 20 million quarter over quarter, citing disruptions in Iran and WhatsApp restrictions in Russia.

The company also raised its 2026 capex guidance to $125 billion-$145 billion as it ramps up AI and data center spending.

Despite the user decline and heavier investment plans, Meta posted 33% revenue growth.

The report raised concerns about user erosion, profitability, and investor confidence as AI costs climb.