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Meta Platforms, Inc. META Q1 2026 earnings

Reported April 29, 2026 · After market close

Revenue$56.3BBeat by $754.4M
EPS$7.31Beat by $0.61
Revenue estimate$55.6B
EPS estimate$6.70
“We had a milestone quarter with strong momentum across our apps and the release of our first model from Meta Superintelligence Labs, We're on track to deliver personal superintelligence to billions of people.”
Mark Zuckerberg

Next report

Oct 28, 2026 (In 3 weeks)
Revenue estimate$63.3B
EPS estimate$6.77

Financials

Q1 2026

Income statement

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Revenue$56.3B+33.1%
Gross profit$46.1B+32.7%
Operating income$22.9B+30.3%
Net income$26.8B+60.9%
EPS (diluted)$10.44+62.4%

Balance sheet

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Cash & equivalents$31.1B+3.4%
Total debt$86.8B+75.2%
Total equity$243.68B+31.7%
Total assets$395.25B+41.1%

Cash flow

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Operating cash flow$32.2B+34.1%
CapEx$19.0B+46.8%
Free cash flow$13.2B+19.3%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$1.45T-0.9%
Enterprise value$1.5T+1.6%
P/E20.5×-1.4×
P/S6.7×-1.8×

Profitability

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Gross margin81.9%+0.2pp
Operating margin41.2%-1.7pp
Net margin32.8%-6.3pp
FCF margin22.4%-8.3pp

Returns & leverage

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Return on equity32.9%-6.9pp
Debt / equity0.4×+0.1×
Current ratio2.3×-0.3×

Segments

By geography

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US & Canada$21.3B+26.1%
Asia Pacific$15.4B+37.4%
Europe$13.2B+37.6%
Rest Of World$6.4B+38.7%

By segment

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Family of Apps$55.9B+33.4%
Reality Labs$402.0M-2.4%

By product

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Advertising$55.0B+32.9%
Other revenue$885.0M+73.5%

FAQ

When did Meta Platforms, Inc. report Q1 2026 earnings?
Meta Platforms, Inc. (META) reported Q1 2026 earnings on April 29, 2026 after market close.
What were Meta Platforms, Inc.'s Q1 2026 revenue and EPS?
Meta Platforms, Inc. reported revenue of $56.3B and eps of $7.31 for Q1 2026.
Did Meta Platforms, Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $55.6B by $754.4M. EPS beat the consensus estimate of $6.70 by $0.61.
How did Meta Platforms, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 33.1% from $42.3B a year earlier and eps grew 13.7% from $6.43.
Where can I find Meta Platforms, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-028364) and the 10-Q periodic report (0001628280-26-028526) directly on SEC EDGAR. The filing index links above go to sec.gov.