
Meta Revenue Climbs to $60.8 Billion Despite Soaring Expenses
Meta Platforms reported $60.8 billion in revenue for the second quarter of 2026, marking a 28% year-over-year increase. Despite this growth, net income fell 14% to $15.8 billion as the company grapples with a 55% surge in costs driven by legal charges, severance payouts, and massive capital expenditures.























