Meta Platforms reported third-quarter 2026 revenue of $64.6 billion, up 26.1% year on year and above analyst estimates of $63.35 billion, while adjusted EPS of $7.40 beat estimates by 8.8%. Midpoint revenue guidance for the next quarter is $74.5 billion, above estimates of $73.61 billion. Operating margin fell to 20.1% from 40.1% a year earlier, weighed by a $9.9 billion legal charge tied to a multi-state attorneys general agreement and higher spending on data centers, cloud infrastructure and third-party AI tokens. Management said the Muse personal agent has more than 10 million users in the US and Canada, with about 25% of those who set it up using it on any given day, mainly for shopping. The company plans to expand Muse globally, sell AI services to businesses and shift Reality Labs investment toward AI-powered hardware such as Meta Glasses.
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METAearningsartificial intelligenceadvertisingdata centers
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Related tickers and likely impact
META
▲ Likely positiveMeta Platforms
Relevance: high
| 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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