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Economy · India

Meta Q3 results: Net income jumps 264% to $9.86 bn, but legal charge limit profits

Outlet: The Times of India · SHIVANGHI PAYAL · Published 22/10/2026 08:51 UTC

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Meta Platforms reported a net income of $9.86 billion in Q3 2026, tripling from the previous year. Overall revenue increased to $64.60 billion, primarily driven by higher advertising earnings. However, operating income declined due to a significant legal charge linked to teen mental health litigation. The company plans to invest heavily in artificial intelligence infrastructure to support future revenue growth.

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Source
https://timesofindia.indiatimes.com/business/international-business/meta-q3-results-net-income-jumps-264-to-9-86-billion-but-legal-charge-hits-operating-income/articleshow/135113125.cms
Published
22/10/2026 08:51 UTC
Captured
22/10/2026 09:10 UTC
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1972d84766026c39 · 446 words
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