Meta earnings put Big Tech’s AI spending bet under the microscope
Photo: Crypto Briefing
Revenue is expected to grow strongly, but soaring capex and a potential $10 billion legal charge have investors questioning the AI payoff Meta Platforms is scheduled to report third-quarter 2026 results on October 21, 2026, after the market closes. Analysts expect quarterly revenue of approximately $63.3 billion to $63.4 billion. That would mark year-over-year growth of roughly 23% to 24%. Net income is expected to decline to about $15.44 billion, squeezed by two very large line items. The first is capital expenditure.
Source: Crypto Briefing
