Meta Revenue Rises 26% as Third-Quarter Costs Jump 68%

Meta Platforms' third-quarter 2026 revenue rose 26% year over year to $64.601 billion, while a sharp increase in costs coincided with a 37% decline in operating income.

Costs and expenses reached $51.613 billion, up 68% from a year earlier. Operating income totaled $12.988 billion for the quarter ended Sept. 30, 2026.

“Our investments are paying off, the core business is strong, and we're seeing velocity across the board,” Meta founder and CEO Mark Zuckerberg said.