Meta Q3 results: Net income jumps 264% to $9.86 bn, but legal charge limit profits

Meta Platforms reported a net income of $9.86 billion in Q3 2026, tripling from the previous year. Overall revenue increased to $64.60 billion, primarily driven by higher advertising earnings. However, operating income declined due to a significant legal charge linked to teen mental health litigation. The company plans to invest heavily in artificial intelligence infrastructure to support future revenue growth.