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Meta reports Q3 results as it moves to establish new Class C shares

Meta reported third-quarter 2026 results and announced plans to establish a new Class C common stock. The filing links an earnings update to a capital-structure change that could alter shareholder voting and ownership mechanics.

PR NEWSWIRE / FILE

The story

Meta said it reported results for the quarter ended Sept. 30, 2026, alongside an announcement that it will establish a new Class C common stock. The company described the quarter as a period in which it reached major milestones toward delivering personal artificial intelligence products, according to CEO Mark Zuckerberg’s statement.

The announcement covers current third-quarter results, while the available company figures for comparison are from Meta’s fiscal year ended Dec. 31, 2025. Those older figures show $201.0 billion in revenue, 22.2% year-over-year growth, a 30.1% net margin and diluted EPS of $23.49.

The new Class C shares connect the earnings release to Meta’s existing multi-class ownership structure. Meta’s Class A and Class B shares already carry different voting rights; the announcement of another class introduces a new securities and governance element for shareholders to assess.

The specific third-quarter financial figures and the terms of the new Class C stock are not established by the announcement excerpt. Key follow-ups are Meta’s full quarterly filing, the rights attached to the new class, and any shareholder or regulatory steps required before the change takes effect.

Our read · Wed, Oct 21

Meta reported third-quarter results and announced plans to establish a new Class C common stock.

Why. The immediate read is split between a strong historical operating base and a new governance variable whose economic and voting effects are not yet clear. Meta’s FY2025 revenue was $201.0 billion, up 22.2% year over year, with a 30.1% net margin and $23.49 diluted EPS; the next decisive evidence is the full Q3 filing and the rights attached to the Class C shares.

Both cases

The case it holdsMeta enters the announcement with $201.0 billion of FY2025 revenue, 22.2% year-over-year growth and a 30.1% net margin, giving the new structure a strong operating foundation.
The case it breaksThe Class C announcement adds governance and dilution uncertainty, while the current quarter’s detailed results and share terms remain unsettled in the announcement excerpt.

What could change this view: The read fails if the full filing shows materially different current-quarter performance or if the Class C structure carries terms that sharply change shareholder economics.

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Who reported it · 12

PR NewswireoriginalWed, Oct 21 · 4:01 PM ETMeta Reports Third Quarter 2026 Results
Bloomberg TelevisionThu, Oct 22 · 4:06 AM ETThe Takeaways From Meta's Earnings and AI Spending Plans
Financial TimesreactionThu, Oct 22 · 10:21 AM ETMeta sell-off drags US tech stocks lower as AI spending fears flare up
Bloomberg TelevisionThu, Oct 22 · 12:36 PM ETMeta Stock Falls After Making Huge Bet on AI Spending
Bloomberg TelevisionThu, Oct 22 · 4:37 PM ETMeta Slides 7% as AI Spending Fuels Credit Fears
Investing.comreactionThu, Oct 22 · 7:18 PM ETStocks drop as Meta fans AI worries, Treasuries gain

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About this report

Reported by PR Newswire as Meta Reports Third Quarter 2026 Results, . Who answers for this

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