10-Q quarterly report · filed Jul 30, 2026

Meta Platforms Inc (META) Q2 2026 10-Q Quarterly Report

Short answer

Meta Platforms Inc (META) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $60.8B (up 28.0% year over year) with net income of $15.8B.

Q2 2026 key financials · XBRL

Revenue
$60.8B
+28.0% YoY · +8.0% QoQ
Net income
$15.8B
−13.6% YoY · −40.8% QoQ
Operating margin
30.9%
EPS (diluted)
$6.18
−13.3% YoY · −40.8% QoQ

Source: XBRL data from the Meta Platforms Inc (META) Q2 2026 10-Q on SEC EDGAR. USD.

Meta Platforms Inc Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $60.80B, up 28% YoY from $47.52B, driven by advertising
  • Operating margin 31% vs 43% YoY; net margin 26% vs 39%
  • FoA revenue $60.37B, up 28%; RL revenue $431M, up 16%, with $4.62B operating loss
  • Capital expenditures $31.08B; cash, equivalents, and marketable securities $90.26B
  • Headwinds from privacy regulation, platform changes, macroeconomic uncertainty, and lower Reels monetization

Risk Factors

  • Newly highlighted user-growth disruption: internet outages in Iran and WhatsApp access restrictions in Russia drove a slight Q1 2026 decline in Family daily active people
  • Most material regulatory update: European Commission’s April 2025 decision found the “subscription for no ads” model noncompliant, requiring significant LPA modifications
  • Advertising compliance risk: further GDPR, DMA, or EU consumer-law changes could worsen European user experience and materially reduce European revenue
  • Competitive risk: TikTok has reduced engagement with Meta products, threatening ad impressions and near-term monetization
  • Financial concentration risk: substantially all revenue depends on advertising on Facebook and Instagram, with marketers lacking long-term commitments

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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