Meta Platforms (META) Q2 2026 earnings

Published Jul 29, 2026

AI summary

Revenue $60.8B, up 28% from $47.52B a year ago.
GAAP EPS $6.18 missed the $7.22 consensus by $1.04, down from $7.14 a year ago.
Meta reported second quarter revenue of $60.8 billion, a 28% increase compared to the same period last year.
Net income fell 14% to $15.8 billion, driven by a 55% surge in total costs and expenses.
Daily active users across the Family of Apps grew 3% year-over-year to 3.6 billion.

Revenue

Reported

$60.8B

Consensus not captured before release

+28% YoY

EPS · GAAP (street basis)

Reported · Diluted EPS (GAAP, street basis)

$6.18

Consensus $7.22

Missed by $1.04

GAAP EPS: $6.18

Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.

$61.0B–$64.0B

Q3 2026 revenue guidance

Next-quarter consensus not captured before release.

Operating expenses include $2.4 billion in legal charges and $1.18 billion in severance costs.
The company faces ongoing scrutiny regarding youth-related issues that could result in material losses.
Operating margin declined to 31% from 43% in the prior year quarter.

Source: Meta Platforms, Inc. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.