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Did Meta Beat Earnings?
Meta (META) reported Q1 '26 revenue of $56.3B, up 33.1% year-over-year, with reported EPS of $7.31. That topped the $6.82 analyst estimate by 7.2% — an earnings beat.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Meta’s job postings, web traffic, and employee business outlook. See the full META stock analysis or the earnings calendar for upcoming reports.
META Earnings Surprise History (EPS vs. Estimate)
| Quarter | Estimated EPS | Reported EPS | Surprise |
|---|---|---|---|
| Q1 '26 | $6.82 | $7.31 | Beat +7.2% |
| Q4 '25 | $8.22 | $8.88 | Beat +8.0% |
| Q3 '25 | $6.71 | $7.25 | Beat +8.0% |
| Q2 '25 | $5.86 | $7.14 | Beat +21.8% |
| Q1 '25 | $5.21 | $6.43 | Beat +23.4% |
| Q4 '24 | $6.68 | $8.02 | Beat +20.1% |
Meta Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 40.6B | 48.4B | 42.3B | 47.5B | 51.2B | 59.9B | 56.3B | — |
| Gross margin | 81.8% | 81.7% | 82.1% | 82.1% | 82.0% | 81.8% | 81.9% | — |
| Operating margin | 42.7% | 48.3% | 41.5% | 43.0% | 40.1% | 41.3% | 40.6% | — |
| Net income | 15.7B | 20.8B | 16.6B | 18.3B | 2.71B | 22.8B | 26.8B | — |
| Net margin | 38.7% | 43.1% | 39.3% | 38.6% | 5.3% | 38.0% | 47.5% | — |
| EPS | $6.03 | $8.02 | $6.43 | $7.14 | $7.25 | $8.88 | $7.31 | — |
Meta Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, Meta’s quarterly revenue moved from $40.6B to $0. Meta has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.
When Is Meta’s Next Earnings Date?
Meta reports earnings on a quarterly schedule. Its most recent report covered Q1 '26. For the confirmed upcoming date — and every other company reporting soon — see the META earnings calendar.
Frequently Asked Questions: Meta Earnings
Meta's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
Meta reported Q1 '26 EPS of $7.31 on revenue of $56.3B (+33.1% YoY). Meta beat estimates, reporting $7.31 vs. the $6.82 estimate.
Meta reported Q1 '26 revenue of $56.3B, up 33.1% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the META AI Score.
