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-0.000744579008950176 -5.6783146762153E-05 -0.000928524413953985 -0.00189623719680007 -0.00109647456634878 0.00858065326211184 0.00362212495331385 -0.000440669209378601
Stock impact report

Meta Q1 2026 earnings: AI capex raised to $145B [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
estimate of $115 billion to $135 billion alongside a first-quarter earnings beat. Meta stock fell in extended trading following the announcement. Revenue for the quarter reached $56.31 billion, up 33% from the same period a year earlier. Net income was $26.77 billion, or $10.44 per diluted share. That figure included an $8.03 billion income tax benefit tied to U.S. Treasury guidance on the Corporate Alternative Minimum Tax. Without it, diluted earnings per share would have been $3.13 lower, or $7.31, the company said. Analysts had projected revenue of $55.45 billion and earnings of $6.79 per share, according to Variety CFO Susan Li cited two drivers behind the upward revision: anticipated rises in the cost of components and, to a lesser degree, additional spending on data center infrastructure to accommodate demand in future years. The company's overall expense guidance for the year was left intact, with full-year costs still expected to land between $162 billion and $169 billio Show less Read more
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