Tech & AI1 min read
Meta Q3 Ad Revenue Hits $63.1B While AI Capital Expenditures Expand
Meta generated $63.06 billion in Q3 ad revenue, up 26% year-over-year, while total costs rose 68% due to heavy investments in AI computing infrastructure.
Meta Records $63.1B in Ad Revenue as AI Infrastructure CapEx Climbs
Meta Platforms, Inc. (NASDAQ: META) reported third-quarter 2026 financial results, showcasing continued momentum in ad monetization alongside rising infrastructure expenditures.
Financial Summary
- Ad Revenue: Advertising revenue reached $63.06 billion, representing a 26% year-over-year increase, bringing Meta's ad revenues within striking distance of search competitors.
- Total Revenue & Expenses: Total revenue increased 26% to $64.60 billion, while total costs and expenses rose 68% to $51.61 billion.
- Net Income: Net income came in at $9.86 billion, reflecting margin pressure from extensive AI