Meta Platforms, Inc. (META) Earnings Call Transcripts
Meta Platforms, Inc.'s Latest Earnings Call - Q2 FY2026
In Q2 2026, Meta Platforms, Inc. reported total revenue of $60.8 billion, up 28% year-over-year, driven by strong ad revenue growth and increased engagement across its platforms. The company achieved a net income of $15.8 billion, translating to $6.18 per share. Management raised its revenue guidance for Q3 2026 to a range of $61 billion to $64 billion, indicating continued momentum in its advertising business and AI-driven initiatives, which are expected to enhance user engagement and monetization.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $60.8 billion (beat) |
| Net Income | $15.8 billion (inline) |
| Ad Revenue | $59.4 billion (beat) |
| Operating Income | $18.8 billion (miss) |
| Total Expenses | $42 billion (negative) |
| Family of Apps Other Revenue | $1 billion (positive) |
Guidance from management
Management expects Q3 2026 total revenue to be in the range of $61 billion to $64 billion, raising the lower end of their expense outlook to incorporate legal charges recognized in Q2.
What analysts pressed on
Analysts expressed concerns regarding the rising expenses and legal scrutiny impacting future profitability. There were questions about how effectively Meta can manage costs while continuing to invest in AI and infrastructure.
Main topics on the call
- Strong Revenue Growth — Meta's Q2 total revenue reached $60.8 billion, representing a 28% increase year-over-year. Management noted, "Q2 total Family of Apps revenue was $60.4 billion, up 28% year-over-year," highlighting robust performance acr...
- AI Investments Driving Performance — Management emphasized that investments in AI are significantly enhancing ad performance and user engagement. Zuckerberg stated, "AI is improving our core business. It's making our apps more relevant and delivering better...
- Increased Expenses — Total expenses for Q2 were $42 billion, up 55% year-over-year, driven by legal charges and severance expenses. Li mentioned, "Year-over-year growth was primarily driven by increases in employee compensation, infrastructu...
- New Product Launches — Meta launched several new products, including AI-powered creative tools and Meta One, a subscription offering. Zuckerberg noted, "We're rolling out new end-to-end creative solutions that help advertisers translate perfor...
Read the full Meta Platforms, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Meta Platforms, Inc.
Meta Platforms, Inc. (META) is a publicly listed company in the Interactive Media and Services industry, within the Communication Services sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 40 calls on record spanning January 29, 2020 to July 29, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 40 Meta Platforms, Inc. earnings call transcripts on record, spanning January 29, 2020 to July 29, 2026. Based on this history, Meta Platforms, Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- META
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Communication Services
- Industry
- Interactive Media and Services
- Calls on record
- 40
- First call
- January 29, 2020
- Most recent
- July 29, 2026
- Reporting cadence
- quarterly