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Meta Platforms (META) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 22, 2026
Meta Platforms (META) reported revenue of $64.6B for the third quarter 2026 (Q3 2026), +26% from a year earlier and +6% from the quarter before. Operating margin was 20.1%, net earnings $9.9B (15.3% of revenue).
Meta Platforms, Q3 2026: revenue $64.6B (+26% year over year), operating margin 20.1%, net earnings $9.9B, operating cash flow $32.8B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.6B | +6% | +26% |
| Operating profit | $13.0B | -31% | -37% |
| Net earnings | $9.9B | -38% | +264% |
| Operating cash flow | $32.8B | +3% | +9% |
What changed
Revenue was $64.6B in Q3 2026, up 26% year over year and up 6% from the previous quarter. Family of Apps was the largest line at 99% of revenue. Family of Apps added $13.4B year over year (up 26%), 100% of the total change. Reality Labs declined 6%.
Operating profit was $13.0B, a 20.1% margin (down 20.0 points year over year). Operating profit fell $7.5B even though revenue rose $13.4B versus Q3 2025, so costs grew faster than sales. Total costs grew 68% against revenue growth of 26%. The fastest-growing cost line was General & admin (+323%). Net earnings were $9.9B, up 264% year over year. The effective tax rate was 24.2%.
Operating cash flow was $32.8B (up 9% year over year), 333% of net earnings. Non-cash charges added back $7.2B of depreciation and amortization and $7.4B of share-based compensation. Working capital and other items added $8.4B. Capital expenditures of $33.9B exceeded it, leaving free cash flow of −$1.2B.
Questions
What was Meta Platforms' revenue in the third quarter 2026?
Meta Platforms (META) reported revenue of $64.6B for the third quarter 2026 (Q3 2026), +26% from a year earlier and +6% from the quarter before.
Was Meta Platforms profitable in the third quarter 2026?
Operating profit was $13.0B (20.1% of revenue) and net earnings $9.9B.
Source: Meta Platforms 10-Q on SEC EDGAR.