Meta Platforms, Inc. (META) stock
METANasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 22, 2026Score 19/305% below fair value
$614.99−9.53 (-1.53%)
Close on Oct 30, 2026Market cap $1.57TP/E 23.2Yield 0.34%
Earnings
Meta Platforms's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
Jan 27, 2027
Q4 FY2026 · estimated, after the close
Revenue, Q3 FY2026
$64.60B
+26.1% on a year earlier
Diluted EPS, Q3 FY2026
$7.40
$7.25 a year earlier
Latest guidance
Lowered
Oct 21, 2026 · 6 items
Quarterly results
Revenue and earnings per share from each of Meta Platforms's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Jan 27, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 21, 2026after the close | $64.60B | +26.1% | $3.83 | $7.40 | Release |
| Q2 FY2026ended Jun 30, 2026 | Jul 29, 2026after the close | $60.80B | +28.0% | $6.18 | – | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 29, 2026after the close | $56.31B | +33.1% | $10.44 | – | Release |
| Q4 FY2025ended Dec 31, 2025 | Jan 28, 2026after the close | $59.89B | +23.8% | $8.88 | – | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 29, 2025after the close | $51.24B | +26.2% | $1.05 | $7.25 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 30, 2025after the close | $47.52B | +21.6% | $7.14 | – | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 30, 2025after the close | $42.31B | +16.1% | $6.43 | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Jan 29, 2025after the close | $48.39B | +20.6% | $8.02 | – | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 30, 2024after the close | $40.59B | +18.9% | $6.03 | – | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 31, 2024after the close | $39.07B | +22.1% | $5.16 | – | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 24, 2024after the close | $36.46B | +27.2% | $4.71 | – | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 1, 2024after the close | $40.11B | +24.7% | $5.33 | – | Release |
| Q3 FY2023ended Sep 30, 2023 | Oct 25, 2023after the close | $34.15B | +23.2% | $4.39 | – | Release |
| Q2 FY2023ended Jun 30, 2023 | Jul 26, 2023after the close | $32.00B | +11.0% | $2.98 | – | Release |
| Q1 FY2023ended Mar 31, 2023 | Apr 26, 2023after the close | $28.65B | +2.7% | $2.20 | – | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 1, 2023after the close | $32.17B | -4.5% | $1.76 | – | Release |
| Q3 FY2022ended Sep 30, 2022 | Oct 26, 2022after the close | $27.71B | -4.5% | $1.64 | – | Release |
| Q2 FY2022ended Jun 30, 2022 | Jul 27, 2022after the close | $28.82B | – | $2.46 | – | Release |
| Q1 FY2022ended Mar 31, 2022 | Apr 27, 2022after the close | $27.91B | – | $2.72 | – | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 2, 2022after the close | $33.67B | – | $3.67 | – | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 25, 2021after the close | $29.01B | – | $3.22 | – | Release |
| Q2 FY2021ended Jun 30, 2021 | Jul 28, 2021after the close | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | Apr 28, 2021after the close | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Jan 27, 2021after the close | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Oct 29, 2020after the close | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Meta Platforms's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| total revenue | Q4 FY2026 | $73.00B – $76.00B | – | New | Oct 21, 2026 |
| tax rate | Q4 FY2026 | 15% – 17% | – | New | Oct 21, 2026 |
| capital expenditures | FY2026 | $130.00B – $145.00B | $125.00B – $145.00B | Raised | Jul 29, 2026 |
| capital expenditures, including principal payments on finance leases | FY2026 | $135.00B – $145.00B | – | New | Oct 21, 2026 |
| Reality Labs losses | FY2026 | $18.00B – $19.00B | – | Lowered | Oct 21, 2026 |
| tax rate | FY2026 | 15% – 17% | – | New | Jul 29, 2026 |
| tax rate | FY2026 | 13% – 16% | 13% – 16% | Reaffirmed | Apr 29, 2026 |
| total expenses | FY2026 | $175.00B – $179.00B | – | New | Oct 21, 2026 |
| total expenses | FY2026 | $165.00B – $169.00B | $162.00B – $169.00B | Raised | Jul 29, 2026 |
| losses | FY2027 | $15.00B | – | New | Oct 21, 2026 |
Guidance vs results
The last range Meta Platforms gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q3 FY2026 | Revenue | $61.00B – $64.00B | $64.60B | Above range |
| Q2 FY2026 | Revenue | $58.00B – $61.00B | $60.80B | Within range |
| Q1 FY2026 | Revenue | $53.50B – $56.50B | $56.31B | Within range |
| Q4 FY2025 | Revenue | $56.00B – $59.00B | $59.89B | Above range |
| Q3 FY2025 | Revenue | $47.50B – $50.50B | $51.24B | Above range |
| Q2 FY2025 | Revenue | $42.50B – $45.50B | $47.52B | Above range |
| Q1 FY2025 | Revenue | $39.50B – $41.80B | $42.31B | Above range |
| Q1 FY2025 | Revenue growth | +8% – +15% | +16.07% | Above range |
| Q4 FY2024 | Revenue | $45.00B – $48.00B | $48.39B | Above range |
| Q3 FY2024 | Revenue | $38.50B – $41.00B | $40.59B | Within range |
| Q2 FY2024 | Revenue | $36.50B – $39.00B | $39.07B | Above range |
| Q1 FY2024 | Revenue | $34.50B – $37.00B | $36.46B | Within range |
| Q4 FY2023 | Revenue | $36.50B – $40.00B | $40.11B | Above range |
| Q3 FY2023 | Revenue | $32.00B – $34.50B | $34.15B | Within range |
| Q2 FY2023 | Revenue | $29.50B – $32.00B | $32.00B | Within range |
| Q1 FY2023 | Revenue | $26.00B – $28.50B | $28.65B | Above range |
| Q4 FY2022 | Revenue | $30.00B – $32.50B | $32.17B | Within range |
| Q3 FY2022 | Revenue | $26.00B – $28.50B | $27.71B | Within range |
| Q2 FY2022 | Revenue | $28.00B – $30.00B | $28.82B | Within range |
| Q1 FY2022 | Revenue | $27.00B – $29.00B | $27.91B | Within range |
| Q4 FY2021 | Revenue | $31.50B – $34.00B | $33.67B | Within range |
Guidance history
Every forecast Meta Platforms put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 21, 2026 | capital expenditures, including principal payments on finance leases | FY2026 | $135.00B – $145.00B | New |
| Oct 21, 2026 | losses | FY2027 | $15.00B | New |
| Oct 21, 2026 | total expenses | FY2026 | $175.00B – $179.00B | New |
| Oct 21, 2026 | Reality Labs losses | FY2026 | $18.00B – $19.00B | Lowered |
| Oct 21, 2026 | tax rate | Q4 FY2026 | 15% – 17% | New |
| Oct 21, 2026 | total revenue | Q4 FY2026 | $73.00B – $76.00B | New |
| Jul 29, 2026 | capital expenditures | FY2026 | $130.00B – $145.00B | Raised |
| Jul 29, 2026 | total expenses | FY2026 | $165.00B – $169.00B | Raised |
| Jul 29, 2026 | tax rate | FY2026 | 15% – 17% | New |
| Jul 29, 2026 | total revenue | Q3 FY2026 | $61.00B – $64.00B | New |
| Apr 29, 2026 | capital expenditures | FY2026 | $125.00B – $145.00B | Raised |
| Apr 29, 2026 | total expenses | FY2026 | $162.00B – $169.00B | Reaffirmed |
| Apr 29, 2026 | tax rate | FY2026 | 13% – 16% | Reaffirmed |
| Apr 29, 2026 | total revenue | Q2 FY2026 | $58.00B – $61.00B | New |
| Jan 28, 2026 | capital expenditures, including principal payments on finance leases | FY2026 | $115.00B – $135.00B | New |
| Jan 28, 2026 | total expenses | FY2026 | $162.00B – $169.00B | New |
| Jan 28, 2026 | tax rate | FY2026 | 13% – 16% | New |
| Jan 28, 2026 | total revenue | Q1 FY2026 | $53.50B – $56.50B | New |
| Oct 29, 2025 | capital expenditures, including principal payments on finance leases | FY2025 | $70.00B – $72.00B | Raised |
| Oct 29, 2025 | tax rate | Q4 FY2025 | 12% – 15% | New |
| Oct 29, 2025 | total expenses | FY2025 | $116.00B – $118.00B | Raised |
| Oct 29, 2025 | total expenses growth rate | FY2025 | +22% – +24% | Raised |
| Oct 29, 2025 | total revenue | Q4 FY2025 | $56.00B – $59.00B | New |
| Jul 30, 2025 | capital expenditures, including principal payments on finance leases | FY2025 | $66.00B – $72.00B | New |
| Jul 30, 2025 | total expenses | FY2025 | $114.00B – $118.00B | New |
| Jul 30, 2025 | total expenses growth rate | FY2025 | +20% – +24% | New |
| Jul 30, 2025 | total revenue | Q3 FY2025 | $47.50B – $50.50B | New |
| Apr 30, 2025 | capital expenditures | FY2025 | $64.00B – $72.00B | Raised |
| Apr 30, 2025 | total expenses | FY2025 | $113.00B – $118.00B | Lowered |
| Apr 30, 2025 | tax rate | FY2025 | 12% – 15% | Reaffirmed |
| Apr 30, 2025 | total revenue | Q2 FY2025 | $42.50B – $45.50B | New |
| Jan 29, 2025 | capital expenditures | FY2025 | $60.00B – $65.00B | New |
| Jan 29, 2025 | total expenses | FY2025 | $114.00B – $119.00B | New |
| Jan 29, 2025 | tax rate | FY2025 | 12% – 15% | New |
| Jan 29, 2025 | year-over-year growth | Q1 FY2025 | +8% – +15% | New |
| Jan 29, 2025 | growth on a constant currency basis | Q1 FY2025 | +11% – +18% | New |
| Jan 29, 2025 | total revenue | Q1 FY2025 | $39.50B – $41.80B | New |
| Oct 30, 2024 | capital expenditures | FY2024 | $38.00B – $40.00B | Raised |
| Oct 30, 2024 | total expenses | FY2024 | $96.00B – $98.00B | Lowered |
| Oct 30, 2024 | total revenue | Q4 FY2024 | $45.00B – $48.00B | New |
| Jul 31, 2024 | capital expenditures | FY2024 | $37.00B – $40.00B | Raised |
| Jul 31, 2024 | total expenses | FY2024 | $96.00B – $99.00B | Reaffirmed |
| Jul 31, 2024 | total revenue | Q3 FY2024 | $38.50B – $41.00B | New |
| Apr 24, 2024 | capital expenditures | FY2024 | $35.00B – $40.00B | Raised |
| Apr 24, 2024 | total expenses | FY2024 | $96.00B – $99.00B | Raised |
| Apr 24, 2024 | total revenue | Q2 FY2024 | $36.50B – $39.00B | New |
| Feb 1, 2024 | capital expenditures | FY2024 | $30.00B – $37.00B | Raised |
| Feb 1, 2024 | total expenses | FY2024 | $94.00B – $99.00B | Reaffirmed |
| Feb 1, 2024 | total revenue | Q1 FY2024 | $34.50B – $37.00B | New |
| Oct 25, 2023 | capital expenditures | FY2024 | $30.00B – $35.00B | New |
| Oct 25, 2023 | capital expenditures | FY2023 | $27.00B – $29.00B | Lowered |
| Oct 25, 2023 | total expenses | FY2024 | $94.00B – $99.00B | New |
| Oct 25, 2023 | total expenses | FY2023 | $87.00B – $89.00B | Lowered |
| Oct 25, 2023 | total revenue | Q4 FY2023 | $36.50B – $40.00B | New |
| Jul 26, 2023 | capital expenditures | FY2023 | $27.00B – $30.00B | Lowered |
| Jul 26, 2023 | total expenses | FY2023 | $88.00B – $91.00B | Raised |
| Jul 26, 2023 | total revenue | Q3 FY2023 | $32.00B – $34.50B | New |
| Apr 26, 2023 | capital expenditures | FY2023 | $30.00B – $33.00B | Reaffirmed |
| Apr 26, 2023 | tax rate percentage | FY2023 | 20% | New |
| Apr 26, 2023 | total expenses | FY2023 | $86.00B – $90.00B | Raised |
| Apr 26, 2023 | restructuring costs | FY2023 | $3.00B – $5.00B | Lowered |
| Apr 26, 2023 | total revenue | Q2 FY2023 | $29.50B – $32.00B | New |
| Feb 1, 2023 | capital expenditures | FY2023 | $30.00B – $33.00B | Lowered |
| Feb 1, 2023 | total expenses | FY2023 | $89.00B – $95.00B | Lowered |
| Feb 1, 2023 | restructuring charges | FY2023 | $1.00B | Lowered |
| Feb 1, 2023 | total revenue | Q1 FY2023 | $26.00B – $28.50B | New |
| Oct 26, 2022 | capital expenditures, including principal payments on finance leases | FY2022 | $32.00B – $33.00B | Narrowed |
| Oct 26, 2022 | capital expenditures | FY2023 | $34.00B – $39.00B | New |
| Oct 26, 2022 | total expenses | FY2023 | $96.00B – $101.00B | New |
| Oct 26, 2022 | total expenses | FY2022 | $85.00B – $87.00B | Lowered |
| Oct 26, 2022 | total revenue | Q4 FY2022 | $30.00B – $32.50B | New |
| Jul 27, 2022 | capital expenditures, including principal payments on finance leases | FY2022 | $30.00B – $34.00B | Raised |
| Jul 27, 2022 | total expenses | FY2022 | $85.00B – $88.00B | Lowered |
| Jul 27, 2022 | total revenue | Q3 FY2022 | $26.00B – $28.50B | New |
| Apr 27, 2022 | capital expenditures, including principal payments on finance leases | FY2022 | $29.00B – $34.00B | Reaffirmed |
| Apr 27, 2022 | total expenses | FY2022 | $87.00B – $92.00B | Lowered |
| Apr 27, 2022 | total revenue | Q2 FY2022 | $28.00B – $30.00B | New |
| Feb 2, 2022 | capital expenditures, including principal payments on finance leases | FY2022 | $29.00B – $34.00B | Reaffirmed |
| Feb 2, 2022 | total expenses | FY2022 | $90.00B – $95.00B | Lowered |
| Feb 2, 2022 | total revenue | Q1 FY2022 | $27.00B – $29.00B | New |
| Oct 25, 2021 | capital expenditures | FY2021 | $19.00B | New |
| Oct 25, 2021 | capital expenditures | FY2022 | $29.00B – $34.00B | New |
| Oct 25, 2021 | total expenses | FY2022 | $91.00B – $97.00B | New |
| Oct 25, 2021 | total expenses | FY2021 | $70.00B – $71.00B | New |
| Oct 25, 2021 | total revenue | Q4 FY2021 | $31.50B – $34.00B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Meta Platforms filed with the SEC as exhibits to Form 8-K or 6-K
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