Meta reports Q3 profit surge and over 10 million Muse AI accounts
+2 new sources since this summary was written
Meta Platforms posted third‑quarter net income of $9.86 billion, or $3.83 per share, a rise from $2.71 billion and $1.05 per share a year earlier. Revenue climbed 26% to $64.60 billion, beating forecasts. CEO Mark Zuckerberg said more than 10 million users in the United States and Canada have created Muse AI accounts since its August launch. The company forecast Q4 revenue of $73 billion‑$76 billion.
Why it matters
The earnings beat and strong Muse adoption could support the higher‑end of the revenue outlook, which may influence investor expectations for the upcoming quarter. Shares rose 2.9% in after‑hours trading following the release.
Key facts
- 1Net income was $9.86 billion, or $3.83 per share, for Q3 2026. finance.yahoo.com
- 2Revenue grew 26% to $64.60 billion, above the $63.34 billion estimate. finance.yahoo.com
- 3More than 10 million users in the United States and Canada have set up Muse AI accounts. finance.yahoo.com
- 4Daily active users across Meta’s apps reached an average of 3.64 billion, up 3% YoY. finance.yahoo.com
- 5Q4 revenue guidance is $73 billion to $76 billion. finance.yahoo.com
- 6Shares rose 2.9% in after‑hours trading after the results were released. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.