Meta Platforms reported a 37% year-over-year decline in third-quarter operating income to $12.988 billion, as costs and expenses grew faster than revenue in the quarter ended Sept. 30, 2026.
Revenue reached $64.601 billion, up from $51.242 billion a year earlier. Costs and expenses totaled $51.613 billion, compared with $30.707 billion. Operating income was $20.535 billion in the year-earlier quarter, according to Meta.
Revenue growth was 26%, while costs and expenses rose 68%. Meta founder and CEO Mark Zuckerberg said, “The core business is strong.” EconoTimes previously covered Meta’s operating margin and cost growth.
