Meta Reports Q3 2026 Revenue Growth Amid Legal Settlement and Massive AI Infrastructure Investment
Meta Platforms reported strong third-quarter results for 2026, with revenue rising 26% year-over-year to $64.6 billion. This growth was primarily driven by a 26% increase in Family of Apps ad revenue and improved ad pricing. Despite the top-line strength, GAAP diluted EPS was impacted by a significant $9.89 billion charge related to a multistate attorneys general settlement. The company is aggressively pivoting toward artificial intelligence, evidenced by $34.9 billion in quarterly capital expenditures for servers and data centers. While this investment led to negative free cash flow of $2.1 billion, Meta reported rapid adoption of its Muse AI platform and significant engagement gains on Threads. Looking ahead, the company provided Q4 revenue guidance between $73 billion and $76 billion.
Tickers: $META
Topics: ad revenue AI infrastructure investment legal settlement reality labs revenue growth user engagement
Read the full article at Motley Fool
Part of the story Meta Reports Q3 2026 Revenue Growth Amid Legal Settlement and Massive AI Infrastructure Investment (16 articles)