Meta Platforms, Inc. 8K

Meta Platforms, Inc. announced second quarter 2026 results showing strong revenue growth but lower profitability due to higher expenses, significant legal and severance charges, elevated capex, higher leverage, and updated 2026 guidance and risk disclosures.

On July 29, 2026, Meta Platforms, Inc. reported its financial results for the quarter ended June 30, 2026, highlighting 28% year-over-year revenue growth to $60.8 billion driven by higher ad impressions and pricing, but an 8% decline in operating income and a 13% decline in diluted EPS to $6.18 due to a 55% increase in costs and expenses, including $2.4 billion of legal charges and $1.18 billion of severance tied to a May 2026 headcount reduction. Operational metrics showed 3% growth in family daily active people to 3.60 billion and continued strength in advertising, while free cash flow for the quarter fell sharply to $784 million amid very high capital expenditures of $31.08 billion and long-term debt rising to $83.66 billion. Management provided third quarter 2026 revenue guidance of $61–64 billion, raised the full-year 2026 expense outlook to $165–169 billion, narrowed capital expenditure guidance to $130–145 billion, and increased its expected tax rate to 15–17%, while cautioning that active legal and regulatory matters, including youth-related trials in the U.S., could result in a material loss.

Filing Facts

CIK

1326801

Ticker

META

Form

8K

Source Type

sec

Accession

0001628280-26-050596

Alert Tier

9