Meta Revenue Rises 26% as Legal Costs Cut Operating Profit
Photo: TokenPost
Meta's third-quarter revenue jumped 26% to $64.6 billion, but a $9.9 billion legal expense helped push operating income down 37%, while the company lifted the low end of its 2026 spending outlook. Operating income was $12.99 billion. Net income reached $9.86 billion, up 264% from a year earlier, and diluted earnings per share were $3.83. Meta's September daily active people (DAP) averaged 3.64 billion, an increase of 3% year over year. The company projected fourth-quarter revenue of $73 billion to $76 billion.
Source: TokenPost
