Short answer
Meta Platforms Inc (META) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $56.3B (up 33.1% year over year) with net income of $26.8B.
Q1 2026 key financials · XBRL
- Revenue
- $56.3B
- +33.1% YoY
- Net income
- $26.8B
- +60.9% YoY
- Operating margin
- 40.6%
- EPS (diluted)
- $10.44
- +62.4% YoY
Source: XBRL data from the Meta Platforms Inc (META) Q1 2026 10-Q on SEC EDGAR. USD.
Meta Platforms Inc Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $56.31B, up 33% YoY from $42.31B, driven by advertising revenue
- Operating margin 41% vs 41% YoY; net margin 48% vs 39%
- FoA revenue $55.91B, up 33%; RL revenue $402M, down 2%
- Capital expenditures $19.84B; dividends $1.35B; cash and securities $81.18B
- Headwinds from privacy regulation, platform restrictions, macroeconomic uncertainty, and lower Reels monetization
Risk Factors
- Family daily active people declined slightly QoQ in Q1 2026, driven by internet disruptions in Iran and WhatsApp access restrictions in Russia
- European Commission final decision found Meta’s subscription-for-no-ads model noncompliant; appeal remains pending
- Further European model modifications could materially worsen user experience and reduce European revenue
- TikTok competition reduced engagement, threatening near-term ad impressions and advertising performance
- Advertising revenue remains exposed to iOS targeting and measurement changes that reduced marketer budgets since 2021
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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