Filing Flows › Meta Platforms (META) › Q2 2026
Meta Platforms (META) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Meta Platforms (META) reported revenue of $60.8B for the second quarter 2026 (Q2 2026), +28% from a year earlier and +8% from the quarter before. Operating margin was 30.9%, net earnings $15.8B (26.1% of revenue).
Meta Platforms, Q2 2026: revenue $60.8B (+28% year over year), operating margin 30.9%, net earnings $15.8B, operating cash flow $31.9B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $60.8B | +8% | +28% |
| Operating profit | $18.8B | -18% | -8% |
| Net earnings | $15.8B | -41% | -14% |
| Operating cash flow | $31.9B | -1% | +25% |
| Free cash flow | $784M | — | -91% |
What changed
Revenue was $60.8B in Q2 2026, up 28% year over year and up 8% from the previous quarter. Family of Apps was the largest line at 99% of revenue. Family of Apps added $13.2B year over year (up 28%), 100% of the total change.
Operating profit was $18.8B, a 30.9% margin (down 12.1 points year over year). Operating profit fell $1.7B even though revenue rose $13.3B versus Q2 2025, so costs grew faster than sales. Total costs grew 55% against revenue growth of 28%. The fastest-growing cost line was General & admin (+111%). Net earnings were $15.8B, down 14% year over year. The effective tax rate was 15.5%.
Operating cash flow was $31.9B (up 25% year over year), 201% of net earnings. Non-cash charges added back $6.4B of depreciation and amortization and $7.7B of share-based compensation. Working capital and other items added $2.0B. After purchases of property and equipment ($30.1B) and principal payments on finance leases ($1.0B), free cash flow as the company reports it was $0.78B.
Questions
What was Meta Platforms' revenue in the second quarter 2026?
Meta Platforms (META) reported revenue of $60.8B for the second quarter 2026 (Q2 2026), +28% from a year earlier and +8% from the quarter before.
Was Meta Platforms profitable in the second quarter 2026?
Operating profit was $18.8B (30.9% of revenue) and net earnings $15.8B.
Source: Meta Platforms 10-Q on SEC EDGAR.