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Meta Reports Record $59.89 Billion USD Quarterly Revenue
['Joyce Li', 'Zoe Leung', 'Sophie Caraan', 'Hbx Team', 'Felix Zhang', 'Tom Kao', 'Erin Ikeuchi', 'Nico Gavino', 'Hb Team']
Hypebeast
The tech giant reported a staggering $59.89 billion USD in revenue, marking a 24% year-over-year surge, alongside a record-breaking $22.77 billion USD in net income.
Meta plans to accelerate capital expenditures in 2026 to a range of $115 billion to $135 billion USD — a significant jump from the $72.2 billion USD spent in 2025.
CFO Susan Li noted that this capital will primarily fund the Meta Superintelligence Labs, as the company races to outpace rivals like OpenAI and Google.
This infrastructure push is already in motion, evidenced by a recent $6 billion USD partnership with Corning to secure the fiber-optic cables necessary for next-generation data centers.
Reality Labs, despite a $19.2 billion operating loss, is shifting its attention from the metaverse toward AI-integrated wearables like smart glasses.