Published Oct 21, 2026, 4:13 PM ET · Updated 23 days ago · 3 sources
Meta’s $18 Billion Legal Costs Take Huge Toll on Q3 Earnings, Wall Street Shrugs
Variety
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Original Report
INFERY
Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter in 2026, missing Wall Street expectations even as its quarterly revenue was up 28%. The company‘s revenue for the quarter hit $64.6 billion, up 26%, while its net income was $9.86 billion, […]