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Meta’s $18 Billion Legal Costs Take Huge Toll on Q3 Earnings, Wall Street Shrugs
Confidence88·multiple reportsImportance92NP-EVT-20261021-D37E85D
Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter in 2026, missing Wall Street expectations even as its quarterly revenue was up 28%. The company‘s revenue for the quarter hit $64.6 billion, up 26%, while its net income was $9.86 billion, […]
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Meta’s $18 Billion Legal Costs Take Huge Toll on Q3 Earnings, Wall Street Shrugs
Corbin Bolies · 10/21/2026, 8:13:30 PM
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