Meta Q2 FY26 net income drops 14% to $15.85 billion; revenue rises 28% to $60.8 billion
Complete. Here is the key summaryMeta reported Q2 FY26 revenue of $60.8 billion, up 28% year-over-year, while net income fell 14% to $15.85 billion due to a 55% surge in costs and expenses. Operating income declined 8%, and free cash flow dropped significantly amid heavy capital spending. Despite lower profitability, daily active users rose 3%, and ad impressions increased 14%. CEO Mark Zuckerberg highlighted AI's positive impact on the core business, forecasting Q3 revenue between $61-64 billion.
- Meta Q2 revenue rose 28% year over year to USD 60.8 billion; diluted EPS fell 13% to USD 6.18. * Operating income slipped 8% to USD 18.78 billion as costs and expenses jumped 55% to USD 42.03 billion, including USD 2.4 billion in legal charges. * Operating margin narrowed 12 percentage points to 31%; free cash flow dropped to USD 784 million from heavier capital spending. * Family daily active people increased 3% to 3.6 billion; ad impressions climbed 14% as average price per ad rose 12%. * Zuckerberg said AI is accelerating the core business; Q3 revenue is forecast at USD 61-64 billion with full-year expenses seen at USD 165-169 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meta Platforms Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607291601PR_NEWS_USPR_____SF12744) on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)