Meta reported third-quarter revenue of $64.2 billion, up 26% year over year, its highest quarterly revenue ever. EPS was $7.40 on an adjusted non-GAAP basis excluding a charge of about $10 billion, but $3.57 after including it. The company narrowed its capex range, with the upper end at $145 billion, while overall expenses keep climbing. Commentators said advertising remains the core business, with growth driven by pricing rather than volume, while Meta faces youth-related litigation that it has previously said could materially affect results. The stock rose about 4% in after-hours trading.
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Related tickers and likely impact
META
• NeutralMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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