Meta Platforms expects to record approximately $10 billion in legal expenses in Q3 2026, primarily due to a lawsuit filed by 29 attorneys general accusing the company of designing Facebook and Instagram to be addictive to minors. The company already recorded a $2.4 billion charge in Q2 2026, bringing total quarterly expenses to $42.03 billion, a 55% increase compared to the same period last year. Potential penalties in this case could reach $1.4 trillion, while a New Mexico jury ordered Meta to pay approximately $942 million for related claims. Full-year 2026 expense guidance has been raised to $165-169 billion, accounting for these anticipated legal charges. Despite these financial pressures, Meta generated $60.8 billion in revenue in Q2 2026, up 28% year-over-year.
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