Meta has signed up to about $825bn in future leases and contracts, most of them for the data centres and computing power behind its AI push. The figures are in its quarterly filing with US regulators, dated October 22, 2026.

Bloomberg reported the total by adding together three items in the filing. In July, the news agency put Meta’s commitments at almost $700bn.

The largest item is $454.5bn in contracts that Meta cannot cancel. According to the filing, these mostly cover cloud capacity bought from other companies, plus servers and network equipment. They also include energy supply for data centres and hardware for Reality Labs, its virtual reality unit.

About $45.9bn of those contracts fall due in the rest of 2026, and $121.4bn in 2027.

Meta also has $355.7bn in leases that have not started yet, so they do not appear on its balance sheet. They cover data centres, energy infrastructure, shared server space and network equipment.…