Meta Platforms (META) reported $56.31 billion in revenue for Q1 2026, a 33.1% increase year-over-year, exceeding the Zacks Consensus Estimate of $55.49 billion by 1.47%. Earnings per share (EPS) were $7.31, surpassing the consensus estimate of $6.71 by 8.89%.
Key metrics included: Family daily active people at 3.56 billion (average estimate: 3.61 billion), total headcount at 77,986 (average estimate: 80,647), and U.S. & Canada advertising revenue at $23.67 billion (average estimate: $24.18 billion), marking a 29.6% year-over-year change. Other geographical revenue figures included $24.08 billion (U.S. & Canada) versus an estimate of $23.89 billion (+29.4%), and $13.3 billion (Europe) versus an estimate of $12.87 billion (+39.6%).
Shares of Meta have gained 17.3% in the past month, compared to the S&P 500’s 12.2% increase, positioning the stock with a Zacks Rank #3 (Hold).
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