Meta reports $12B free cash flow with 40% operating margins, while Intel burns $3.87B amid foundry losses and restructuring charges.
Meta generated $12 billion in free cash flow at a 40% operating margin in Q1 2026, contrasting with Intel’s $3.87 billion cash burn and negative earnings per share. Intel’s foundry division remains unprofitable despite a $5 billion investment from NVIDIA for its DGX Rubin systems.
Meta’s ad revenue climbed to $55.02 billion, driven by a 19% increase in ad impressions and a 12% rise in average ad prices, fueled by AI-driven targeting. The company’s daily active users across its apps reached 3.56 billion. Meanwhile, Intel absorbed a $4.07 billion restructuring charge tied to Mobileye, further straining its finances.
Meta trades at 22 times trailing earnings, reflecting 33% revenue growth, while Intel’s valuation stretches to 158 times forward earnings amid ongoing losses.