Meta’s revenue for the third quarter of fiscal 2026 rose 26% year on year to approximately $64.6 billion, while net income increased to approximately $9.8 billion. The company is reported to have announced a stock split aimed at maintaining Mark Zuckerberg’s control.
Meta released its third-quarter results on 21 October 2026, U.S. Eastern Time, reporting revenue of $64.6 billion (approximately ¥10.2 trillion) and net income of approximately $9.8 billion. Earnings per share were $3.83. The decline in the year-earlier period was attributed to a one-off tax burden in the previous fiscal year.
The company also announced a stock split. Shareholders holding Class A shares will receive the same number of Class C shares as the number of Class A shares they hold. Class C shares carry no voting rights. After the earnings announcement, Meta shares rose more than 3% to $723.
Meta also provided its capital expenditure outlook. Capital expenditures were $34.9 billion in the third quarter and are expected to total $135 billion-$145 billion for the full year. The lower end of the range was raised from the previous outlook.
Meta was also reported to have been ordered to pay approximately $25 billion in litigation concerning personal information. A jury found that the company had misled consumers.