Meta Earns $64.6 Billion but Spends 68% More on AI
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Meta Earns $64.6 Billion but Spends 68% More on AI
Meta earned $64.6 billion in the third quarter of 2026, a 26% increase from the same time last year. However, the company spent 68% more than it did a year ago, mostly on AI technology. The company now has 3.64 billion daily users across Facebook, Instagram, and WhatsApp. India now leads as Meta’s biggest market […]
The company Meta, which owns Facebook, Instagram and WhatsApp, recorded a revenue of as much as 64.6 billion dollars in the third quarter of 2026.
Photo: Bloomberg via Getty Images Meta reported revenue of $64.6 billion in the third quarter of 2026, up 26% from the same period last year. Along with the company's financial results, Meta also announced a stock split, which will see shareholders receive additional Class C (non-voting) shares. The company reported net income of $9.8 billion for the quarter, or $1.1 billion per share.
The operation will allow the ad Mark Zuckerberg to maintain the control of the company, engaged in the expansion of the business of the AI L. Article Meta records 64 billion dollars of revenues in the third trimester. And announces a share split is drawn from Forbes Italy.
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