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Meta Platforms Inc (META) Q2 2026 (USD): EPS 6.18 (exp. 7.19), Revenue 60.8bln (exp. 60.22bln)

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Meta's Q2 results were marked by an EPS miss and raised capex guidance despite strong revenue, as a $2.4 billion legal charge and Reality Labs losses pressured margins.

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Operating Income 18.78bln, -8.2% y/y Advertising Revenue 59.36bln (exp. 59.07bln) Family of Apps Revenue 60.37bln (exp. 59.77bln) Family of Apps Operating Income 23.39bln (exp. 26.11bln) Reality Labs Revenue 431mln (exp. 428.7mln) Reality Labs Operating Loss 4.62bln (exp. loss 4.45bln) Outlook Q3 revenue 61.0-64.0bln (exp. 63.151bln). Outlook to incorporate 2.4bln charges related to legal proceedings recognized in Q2. 2026 capex, including principal payments on finance leases, to be in the range of USD 130-145bln (prev. 125-145). Sees FY total expenses 165bln–169bln (prev. 162bln–169bln)

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