Meta Q3 Revenue Tops Estimates at $64.6B, Q4 Outlook Above Consensus
META sits 37% above its 52-week low of $520.26.
Summary
Meta beat on both lines: Q3 revenue of $64.60 billion rose 26% and cleared the $63.37 billion consensus, while EPS jumped to $3.83 from $1.05 a year earlier and net income nearly quadrupled to $9.86 billion. The quarter absorbed a $9.89 billion charge tied to the settlement with 52 state attorneys general over teen mental health claims, so the profit beat came despite that hit. Q4 guidance of $73 billion to $76 billion (midpoint $74.5 billion) topped the $73.73 billion consensus, and management said 2026 operating income should exceed 2025 excluding the legal charge. Capex for 2026 was nudged to $135 billion to $145 billion from $130 billion to $145 billion, and free cash flow was negative $2.12 billion as infrastructure spending ran at $34.91 billion for the quarter. Reality Labs losses are expected to narrow to about $15 billion in 2027 from $18 billion to $19 billion in 2026. Shares rose about 2.5% after hours. This follows the October 21 8-K and PRE 14C on the Class C non-voting stock dividend effective January 2027, which the company says will support capital raising, employee comp and acquisitions.
At the time of this announcement, META was trading at $712.65 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.8T. The 52-week trading range was $520.26 to $779.82. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: CNBC TV18.