Meta reported record third-quarter revenue of $64 billion, exceeding analyst expectations. Meta Platforms also announced a stock split and raised its 2026 capital expenditure forecast to support artificial intelligence investment.
Key Takeaways
- Third-quarter revenue reached a record $64 billion and exceeded analyst forecasts.
- Meta announced a stock split and increased its 2026 capital spending forecast.
Table of Contents
- Meta earnings accompany split and spending announcements
- Valuation measures offer different comparisons
- Insider share sales
Meta earnings accompany split and spending announcements
Advertising remained Meta’s primary revenue source. The company also faced legal costs tied to a youth mental health settlement.
Valuation measures offer different comparisons
The earnings multiple showed a small premium to Meta’s historical benchmark. Its trailing price-to-earnings ratio was 26.27, compared with a five-year median of 26.09.
Insider share sales
Insiders sold $101,736,677 worth of shares over the preceding three months.
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