The company said it expects total expenses for 2026 to come to between $165bn and $169bn. Tech giant Meta’s income and operating margin for the second quarter of 2026 were down in comparison to the same time last year amid significant outgoings for the period. Total income fell from $20.4bn to $18.8bn, with operating margin dropping from 43pc to 31pc. It said it expects total expenses for 2026 to come to between $165bn and $169bn. He added: “Meta’s AI spend was easier to celebrate when margins were expanding.