Susan Li on cost efficiency
From $META Meta Platforms Q1 2026 Earnings Conference Call · · EARNMOAR
“As we grow our infrastructure spend, we remain committed to operating efficiently, and we recently shared internally that we plan to reduce the size of our employee base in May. We believe a leaner operating model will allow us to move more quickly while also helping to offset the substantial investments we're making.”
On , Susan Li, Chief Financial Officer at Meta , spoke about cost efficiency during $META Meta Platforms Q1 2026 Earnings Conference Call on EARNMOAR.
About Susan Li
During Meta's first quarter 2026 earnings call on April 29, 2026, CFO Susan Li reported that approximately 3.56 billion people used at least one of Meta's family of apps daily in March, a slight decline from December that she attributed to internet disruptions in Iran and a restriction on WhatsApp access in Russia. She stated that the company anticipated 2026 capital expenditures, including principal payments on finance leases, to be in the range of $125 to $145 billion, an increase from the prior range of $115 to $135 billion, citing expectations for higher component pricing and additional data center costs. Li noted that Meta planned to reduce the size of its employee base in May, describing a leaner operating model as a way to move more quickly while offsetting substantial investments. She also said the company had continued to underestimate its compute needs as AI advances and new projects emerged, and that compute was expected to become even more central to the business going forward.