$META Meta Q2 Earnings & Q3 Guidance
- EPS $6.18 vs. $7.14 y/y
- Revenue $60.80B, est. $60.24B
- Sees Q3 Revenue $61B–$64B, est. $63.17B
- Operating Income $18.78B, -8.2% y/y
- Advertising Revenue $59.36B, est. $59.07B
- Family of Apps Revenue $60.37B, est. $59.77B
- Family of Apps Operating Income $23.39B, est. $26.11B
- Reality Labs Revenue $431M, est. $428.7M
- Reality Labs Operating Loss $4.62B, est. loss $4.45B
- Sees FY Total Expenses $165B–$169B vs. prior $162B–$169B
- Sees FY CapEx $130B–$145B vs. prior $125B–$145B
- Raised the lower end of its expense outlook
- Q2 included $1.18B in severance expenses related to May job cuts
- Outlook includes $2.4B of charges related to legal proceedings
- Daily Active People (DAP) averaged 3.60B in June 2026