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Meta's Q3 revenue rises 26 pct, operating profit falls 37 pct amid legal costs

NAMPA / Xinhua
2026-10-22
SAN FRANCISCO, Oct. 21 (Xinhua) -- U.S. technology giant Meta Platforms reported a 26 percent year-on-year increase in third-quarter revenue on Wednesday, while operating profit fell 37 percent largely due to a multi-billion-dollar charge related to a legal settlement over teen mental health and social media. According to the company's latest financial report, revenue rose to 64.60 billion U.S. dollars in the quarter ended Sept. 30, compared w......
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