Meta GAAP EPS of $3.83 misses by $1.63, revenue of $64.6B beats by $1.19B

What happened: Meta reported Q3 GAAP EPS of $3.83, missing by $1.63, while revenue of $64.6B beat by $1.19B. Key numbers: Revenue $64.6B, up 26.1% Y/Y. Costs and expenses $51.61B, up 68% Y/Y, including a $9.9B legal charge. Capital expenditures $34.91B. DAP 3.64B, up 3%. Ad impressions up 10%, average price per ad up 14%. Q4 revenue guidance $73-76B vs $73.75B consensus. Why it matters: Meta raised its expense outlook to absorb the $9.9B legal charge, and its Q4 revenue guidance range brackets the consensus figure while assuming a currency headwind. Market: +1.9% today ($707.53), +9.0% YTD, 1.2x vol — as of 20:17 UTC Verified: Q3_2026 (Oct 21) EPS $6.54 vs $6.54 est; next print ~Jan 20 Coverage: 5 outlets in 24h

Meta reported Q3 GAAP EPS of $3.83, missing by $1.63, while revenue of $64.6B beat by $1.19B.

Meta raised its expense outlook to absorb the $9.9B legal charge, and its Q4 revenue guidance range brackets the consensus figure while assuming a currency headwind. Market: +1.9% today ($707.53), +9.0% YTD, 1.2x vol — as of 20:17 UTC Verified: Q3_2026 (Oct 21) EPS $6.54 vs $6.54 est; next print ~Jan 20