{
  "id": 15997110,
  "title": "Meta Q3 revenue rises 26% to $64.6 billion, net income jumps 264%",
  "url": "https://urgent.news/2026/10/22/meta-q3-revenue-rises-26-to-64-6-billion-net-income-jumps-264",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T04:09:56.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/info-tech/meta-q3-revenue-rises-26-to-646-billion-net-income-jumps-264/article71610031.ece"
  },
  "original_language": "en",
  "account": "Meta Platforms reported a 26 percent rise in third-quarter revenue to $64.60 billion, while net income jumped 264 percent to $9.86 billion, driven by growth in its advertising business. Despite a major legal charge that impacted operating income, the company's advertising revenue grew 26 percent to $63.06 billion, marking a 10 percent increase in ad impressions across its applications and a 14 percent rise in average price per advertisement. However, operating income fell 37 percent to $12.99 billion, as total costs and expenses increased 68 percent to $51.61 billion. The $9.89 billion legal charge, related to an agreement with 52 US state attorneys general, would have boosted operating income to $22.88 billion without the charge, and diluted earnings per share to $7.40 without it. Looking ahead, Meta anticipates fourth-quarter revenue of $73 billion to $76 billion, with a full-year 2026 expense outlook of $175-179 billion, and a capital expenditure outlook of $135-145 billion, reflecting ongoing investments in AI infrastructure and other strategic priorities.",
  "summary": "Net income increased from $2.71 billion, while diluted earnings per share climbed to $3.83 from $1.05",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}