Meta’s Q1 2026 revenue hit $56.31 billion, with EPS of $10.44 beating estimates by 57% for a fifth consecutive quarter.
Meta Platforms reported Q1 2026 revenue of $56.31 billion, driven by a 19% year-over-year increase in ad impressions and a 12% rise in average ad prices. Earnings per share reached $10.44, surpassing consensus estimates of $6.66 for the fifth straight quarter.
The company’s Family of Apps daily active users grew to 3.56 billion, with operating margins at 41.44%. Meta is funding a $125 billion AI buildout entirely from internal cash, contrasting with peers like Alphabet, which posted negative free cash flow and suspended buybacks in Q2.
Despite a recent 8.79% selloff, prediction markets assign a 96% chance of another earnings beat on July 29, reinforcing investor confidence in Meta’s AI-driven growth strategy.