Meta Reports Q2 GAAP EPS Miss and Revenue Beat
In its second-quarter financial results, Meta (NASDAQ: META) reported a GAAP earnings per share of $6.18, which fell short of expectations by $1.04. However, the company's revenue came in at $60.8 billion, exceeding forecasts by $510 million and growing 27.9% year-over-year. Meta also reported an increase in its Family daily active people (DAP) to an average of 3.60 billion for June 2026, representing a 3% annual growth rate. The company's ad impressions were highlighted as part of the performance metrics but specific figures or changes weren't detailed. The mixed results reflect both challenges in meeting earnings expectations and strong revenue momentum driven by advertising demand.
Tickers: $META
Topics: Earnings Report GAAP EPS Miss Meta Revenue Beat