META Q2 FY2026 earnings: EPS missed by 14.0%
Meta Platforms, Inc. reported Q2 FY2026. EPS came in at $6.18 against a $7.19 consensus, missed by 14.0%. Gross margin was 81.4%, down 50 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $6.18 | $7.19 | missed by 14.0% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $60.8B | +8.0% | +28.0% |
| Gross profit | $49.5B | +7.3% | +26.8% |
| Operating income | $18.8B | -17.9% | -8.2% |
| Net income | $15.8B | -40.8% | -13.6% |
| Diluted EPS | $6.18 | -40.8% | -13.4% |
| Gross margin: 81.4%. |
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The trend
Revenue is up 28.0% from the same quarter last year. Gross margin sits at 81.4%, 70 bps off its 8-quarter high.
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How it stacks up
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