Meta’s Almost $10 Billion Legal Costs Take Huge Toll on Q3 Earnings, Wall Street Shrugs

News Seconds STORY Breaking 1 of 5 Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter in 2026, missing Wall Street expectations on per-share earnings Wednesday even as its quarterly revenue was up 28%. Source: Variety Tap for next ➜ ✕ Home

The Core Event

News Seconds STORY What Happened 2 of 5 The company’s revenue for the quarter hit $64.6 billion, up 26%, while its net […] Source: Variety Tap for next ➜ ✕ Home

Key Facts

News Seconds STORY Details 3 of 5 Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter in 2026, missing Wall Street expectations on per-share earnings Wednesday even as its quarterly revenue was up 28%. Source: Variety Tap for next ➜ ✕ Home

Context & Significance

News Seconds STORY Entertainment 4 of 5 The company’s revenue for the quarter hit $64.6 billion, up 26%, while its net […] Source: Variety Tap for next ➜ ✕ Home

Outlook

News Seconds STORY Takeaway 5 of 5 Stay updated with continuous reporting from Variety. Source: Variety Tap for next ➜ ✈️ Join Daily News on Telegram Explore More Stories