Facebook (META) Q1 2026 earnings results beat EPS and revenue expectations

Facebook's parent company has published its latest round of quarterly earnings.

Markets have closed for the day, and Meta is out with its earnings report. The company behind Facebook and Instagram beat EPS and revenue expectations to start its 2026 fiscal year.

Meta’s Q1 2026 earnings report was published this afternoon. The company reported $56.311 billion in revenue, beating the $55.49 Billion expectations. In terms of earnings-per-share, Meta reported $10.44/share, though this includes a $8.03 billion income tax benefit recognized in the first quarter of 2026. Removing that from the equation, Meta’s EPS was $7.31/share, which still beats the expectation of $7.11/share.

Despite the beats, Meta stock was down in after-hours trading. It fell as low as $625.04 after ending the day at $669.12. "We had a milestone quarter with strong momentum across our apps and the release of our first model from Meta Superintelligence Labs," said Mark Zuckerberg, Meta founder and CEO. "We're on track to deliver personal superintelligence to billions of people."

In addition to Meta, today sees Google and Microsoft also reporting their quarterly earnings. Stick with Shacknews for more financial news out of the tech industry.

Shacknews staff does not use generative artificial intelligence (AI) in their content. Shacknews strictly prohibits the use of its content for AI training or to generate text, including text in the style or format used for this publication. Shacknews reserves all rights to this work.