Meta Q3 revenue rises 26% to $64.6 billion; $9.9 billion legal charge cuts profit
Meta reported third quarter 2026 revenue of $64.60 billion, up 26% year over year, and diluted EPS of $3.83 versus $1.05. A $9.89 billion charge tied to an agreement with 52 attorneys general cut operating income 37% to $12.99 billion. The company also approved a non-voting Class C stock, a one-time stock dividend, and a Founder Alignment Agreement with Mark Zuckerberg that limits his sales of the new shares, with the new class effective January 19, 2027.
Key points
- Revenue $64.60 billion, up 26%; income from operations $12.99 billion, down 37%, including the $9.89 billion charge
- Diluted EPS $3.83 reported; the company says it would have been $7.40 excluding the charge
- Fourth quarter 2026 revenue guidance $73-76 billion; full-year 2026 total expenses now expected at $175-179 billion
- Board approved non-voting Class C stock effective January 19, 2027, with a one-time stock dividend of one Class C share per Class A and Class B share
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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