
Meta Q3 2026 Earnings: $64.6B of Revenue Meets a $9.9B Settlement
Meta's Q3 2026 revenue rose 26% to $64.6B, but a $9.89B state AG settlement cut operating income 37% and free cash flow swung to -$2.1B.
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Financial analysis and earnings reports for Meta Platforms Inc

Meta's Q3 2026 revenue rose 26% to $64.6B, but a $9.89B state AG settlement cut operating income 37% and free cash flow swung to -$2.1B.

Since July 1, 2026, Meta adds 2%–5% location fees on ads delivered to users in the UK, France, Italy, Spain, Austria and Türkiye, billed on top of campaign budgets and never shown in Ads Manager. Learn how to compute your blended fee rate, book the fees as their own ledger line, and reconcile from the invoice rather than the dashboard.

Meta Platforms' Q2 2026 revenue grew 28% to $60.8 billion but net income fell 14% to $15.8 billion — the first year-over-year profit decline of its AI-capex era — as total costs rose 55%, operating margin dropped from 43% to 31%, and capital expenditures nearly doubled to $31.1 billion.

Meta Platforms' Q1 2026 revenue grew 33% to $56.3 billion and net income rose 61% to $26.8 billion, yet the stock fell about 7% after Meta raised full-year 2026 capex guidance to $125-145 billion, a $10 billion increase from the prior quarter's range.