Meta Platforms Inc. Reports Strong Q3 2026 Earnings, Raises AI Capex Guidance

Meta Platforms Inc. reported robust third-quarter 2026 earnings, with revenues increasing 26% year-over-year to $64.6 billion, surpassing analyst estimates. Adjusted earnings per share reached $7.40, well above the consensus. The company also raised the lower end of its 2026 AI capital expenditure guidance to $135-145 billion from $130-145 billion, indicating continued significant investment in AI infrastructure.