Meta Platforms, Inc. Class A Common Stock (META) Financials
Key financial figures for Meta Platforms, Inc. Class A Common Stock (Q2 2026).
Meta's Q2 2026 revenue grew 28% year-over-year to $60.80 billion, but R&D expense grew 67% to $21.66 billion, pushing operating income down 8% and diluted EPS down 13% YoY to $6.18, while free cash flow collapsed to $784 million from $8.55 billion a year ago as capital expenditures ramped to $30.12 billion for the quarter. Revenue rose 28% year-over-year to $60.80 billion, but operating income fell 8% YoY to $18.78 billion and net income fell 14% YoY to $15.85 billion (diluted EPS $6.18, down 13% YoY) as R&D expense grew 67% YoY to $21.66 billion. Advertising revenue reached $59.36 billion (+27.5% YoY); the Family of Apps segment posted $23.39 billion in operating income, down 6.3% YoY despite the revenue growth, while Reality Labs posted a $4.62 billion operating loss on $431 million of revenue. Family daily active people (DAP) averaged 3.60 billion for June 2026, up 3% year-over-year. On the outlook: Meta guided Q3 2026 total revenue to $61-64 billion (assuming an approximately 1% FX headwind), full-year 2026 total expenses to $165-169 billion, and full-year 2026 capital expenditures including finance lease principal payments to $130-145 billion. Figures are for Q2 2026, as Meta Platforms Inc. reported them.
- Revenue
- $60.8B
- Net Income
- $15.8B
- EPS
- $6.23
- Total Assets
- $450.0B
- Operating Cash Flow
- $31.9B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $60.8B | $15.8B | $6.18 | 30.88% | $1.7B |
| Q1 FY2026 | $56.3B | $26.8B | $10.44 | 40.62% | $13.2B |
| Q4 FY2025 | $59.9B | $22.8B | $8.87 | 41.31% | $14.8B |
| Q3 FY2025 | $51.2B | $2.7B | $1.05 | 40.07% | $11.2B |
| Q2 FY2025 | $47.5B | $18.3B | $7.14 | 43.02% | $9.0B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $201.0B | $60.5B | $23.49 | 41.44% | $46.1B |
| FY2024 | $164.5B | $62.4B | $23.86 | 42.18% | $54.1B |
| FY2023 | $134.9B | $39.1B | $14.87 | 34.66% | $43.8B |
Frequently asked questions
What was Meta Platforms Inc.'s revenue last quarter?
Meta Platforms Inc. reported revenue of $60.80 billion for Q2 FY2026, up 28.0% from the same period a year earlier.
Is Meta Platforms Inc. profitable?
Yes. Meta Platforms Inc. reported net income of $15.85 billion for Q2 FY2026, a net margin of 26.07% on revenue.
How has Meta Platforms Inc.'s margin trended?
Operating margin was 30.88% in Q2 FY2026, compared with 43.02% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Meta Platforms Inc. generate?
Meta Platforms Inc. generated free cash flow of $1.75 billion in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Meta Platforms, Inc. Class A Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.