Meta Platforms reported third-quarter 2026 revenue of $64.6 billion, up 26 % year over year, above Wall Street’s consensus estimate of approximately $63.37 billion. Advertising revenue rose 26 % to $63.1 billion, while the stock gained more than 4 % in after-hours trading and the company forecast fourth-quarter revenue of $73 billion to $76 billion. The Muse AI agent reached more than 10 million accounts in the United States and Canada within six weeks, and chief executive Mark Zuckerberg said AI could become a major source of revenue. Meta raised its 2026 capital expenditure outlook to $135 billion to $145 billion, pushing free cash flow negative at -$2.12 billion, and announced a new class of non-voting Class C shares.
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