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Meta Platforms, Inc. META Q2 2026 earnings

Reported July 29, 2026 · After market close

Revenue$60.8BBeat by $577.4M
EPS$6.18Miss by $1.01
Revenue estimate$60.2B
EPS estimate$7.19
“The results are already showing, and I'm optimistic about the potential ahead.”
Mark Zuckerberg

Earnings data and commentary were extracted with AI from company filings and may contain errors. Verify important details in the filing.

Next report

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

Financials

Q2 2026

Income statement

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Revenue$60.8B+28.0%
Gross profit$49.5B+26.8%
Operating income$18.8B-8.2%
Net income$15.8B-13.6%
EPS (diluted)$6.18-13.4%

Balance sheet

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Cash & equivalents$15.5B+11.8%
Total debt$83.7B+68.8%
Total equity$261.22B+33.9%
Total assets$449.96B+52.7%

Cash flow

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Operating cash flow$31.9B+24.7%
CapEx$30.1B+82.1%
Free cash flow$1.7B-80.6%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$1.85T+1.3%
Enterprise value$1.95T+2.8%
P/E27.2×-4.1×
P/S8.1×-1.5×

Profitability

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Gross margin81.7%-0.2pp
Operating margin38.1%-5.9pp
Net margin29.8%-10.2pp
FCF margin18%-10.1pp

Returns & leverage

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Return on equity29.8%-10.8pp
Debt / equity0.3×+0.1×
Current ratio2.2×+0.3×

Segments

By segment

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Family of Apps$60.4B+28.0%
Reality Labs$431.0M+16.5%

By product

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Advertising$59.4B—

FAQ

When did Meta Platforms, Inc. report Q2 2026 earnings?
Meta Platforms, Inc. (META) reported Q2 2026 earnings on July 29, 2026 after market close.
What were Meta Platforms, Inc.'s Q2 2026 revenue and EPS?
Meta Platforms, Inc. reported revenue of $60.8B and eps of $6.18 for Q2 2026.
Did Meta Platforms, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $60.2B by $577.4M. EPS missed the consensus estimate of $7.19 by $1.01.
How did Meta Platforms, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 28.0% from $47.5B a year earlier and eps declined 13.4% from $7.14.
Where can I find Meta Platforms, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-050596) and the 10-Q periodic report (0001628280-26-050705) directly on SEC EDGAR. The filing index links above go to sec.gov.