09:23 - 22.10.2026

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October 22, Fineko/abc.az. Meta, the parent company of Facebook, Instagram, and WhatsApp, reported its Q3 2026 financial results, with revenue rising 26% year-on-year to $64.6 billion and net profit soaring 264% to $9.9 billion.

Earnings per share rose from $1.05 in Q3 2025 (when net profit stood at $2.7 billion) to $3.83. Meta expects Q4 revenue to land between $73 billion and $76 billion. Results included a $9.89 billion legal settlement expense related to youth mental health lawsuits involving state attorneys general (excluding this charge, EPS would have reached $7.40).

Meta CEO Mark Zuckerberg highlighted the impact of AI investments, pointing to the launch of advanced models like Muse and Muse Wonder, noting strong acceleration across core business segments.