{
  "id": 15970281,
  "title": "Meta Q3 revenue tops estimates and Zuckerberg says Muse accounts have topped 10 million",
  "url": "https://urgent.news/2026/10/21/meta-q3-revenue-tops-estimates-and-zuckerberg-says-muse-accounts-have",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T23:00:11.000Z",
  "source": {
    "name": "The Mainichi",
    "slug": "the-mainichi",
    "url": "https://mainichi.jp/english/articles/20261022/p2g/00m/0bu/004000c"
  },
  "original_language": "en",
  "account": "Meta Platforms reported a significant surge in financial performance during the third quarter, with net income jumping more than threefold to $9.86 billion. Revenue increased by 26% to reach $64.60 billion, surpassing analysts' expectations of $63.34 billion. The company settled a $18 billion agreement with 48 U.S. states to protect children's mental health by restricting Instagram and Facebook access for users under 13, and teens aged 14 to 18 to age-appropriate accounts. Excluding this $9.89 billion charge, Meta's earnings per share would have been $7.40. CEO Mark Zuckerberg highlighted the company's progress in delivering \"personal superintelligence\" through the launch of Muse, an AI agent, which has already attracted over 10 million U.S. and Canadian users. Daily active users across Meta's apps saw a 3% year-over-year growth, averaging 3.64 billion. The Menlo Park, California-based firm now employs 66,775 people, a 15% decrease from the previous year. For the current quarter, Meta anticipates revenue between $73 billion and $76 billion, which is higher than the analysts' projected $73.65 billion. Expenses increased by 68% year-over-year, including the legal settlement charge. Meta's shares experienced a 0.5% increase in regular trading and a 2.9% rise in after-hours trading following the earnings announcement, marking a 5.7% gain for the year.",
  "summary": "(AP) -- Meta Platforms said Wednesday that its third-quarter profit jumped more than threefold, as revenue climbed sharply.The parent company of Faceb",
  "key_points": [
    "Meta's Q3 revenue topped estimates at $64.60 billion, a 26% increase.",
    "CEO Mark Zuckerberg announced Muse AI agent with 10 million U.S. and Canadian users.",
    "Legal settlement with 48 U.S. states for child mental health protection."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Forbes",
        "title": "Meta Posts $64 Billion In Revenue And Announces Stock Split In Q3 Earnings",
        "url": "https://urgent.news/2026/10/21/meta-posts-64-billion-in-revenue-and-announces-stock-split-in-q3",
        "published": "2026-10-21T20:25:17.000Z"
      },
      {
        "outlet": "Deadline",
        "title": "Meta Tops Q3 Revenue Estimates, But Earnings Hit By Teen Lawsuit Settlement; Stock Split Creates Class C Shares",
        "url": "https://urgent.news/2026/10/21/meta-tops-q3-revenue-estimates-but-earnings-hit-by-teen-lawsuit",
        "published": "2026-10-21T20:30:41.000Z"
      },
      {
        "outlet": "Business Insider",
        "title": "Meta creates a new stock class to keep Zuckerberg in control",
        "url": "https://urgent.news/2026/10/21/meta-creates-a-new-stock-class-to-keep-zuckerberg-in-control",
        "published": "2026-10-21T21:58:36.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "Stock futures fall as investors digest earnings from Meta and Tesla: Live updates",
        "url": "https://urgent.news/2026/10/21/stock-futures-fall-as-investors-digest-earnings-from-meta-and-tesla",
        "published": "2026-10-21T22:55:25.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Meta offers Zuckerberg new shares to keep him in California",
        "url": "https://urgent.news/2026/10/21/meta-offers-zuckerberg-new-shares-to-keep-him-in-california",
        "published": "2026-10-21T23:52:00.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Zuckerberg told Meta directors he might leave California, where he could lose billions to a wealth tax. Meta answered with a new class of stock",
        "url": "https://urgent.news/2026/10/21/zuckerberg-told-meta-directors-he-might-leave-california-where-he",
        "published": "2026-10-21T23:59:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}