META Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), META reported revenue of $60.8B, gross profit of $49.5B (81.4% gross margin), operating income of $18.8B, and net income of $15.8B (26.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
META was profitable; revenue grew 8.0% quarter over quarter, and revenue beat consensus by 1.0%.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +8.0% | −40.8% | −21.5 pp |
Consensus revenue estimate was $60.2B; reported revenue was +1.0% versus consensus. EPS was $6.18 versus $7.19 expected.
META Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $60.8B | 100% |
| Cost of Revenue | −$11.3B | 18.6% |
| Gross Profit | $49.5B | 81.4% |
| Research & Development | −$21.7B | 35.6% |
| Selling, General & Administrative | −$9.0B | 14.9% |
| Operating Income | $18.8B | 30.9% |
| Other Income, net | −$19M | 0.0% |
| Income Tax Expense | −$2.9B | 4.8% |
| Net Income | $15.8B | 26.1% |
Source: original SEC filing (filed 2026-07-29). Accession 0001628280-26-050596. Data normalized by EarningsFyi.