On April 29 (local time), Meta unveiled its financial performance for the first quarter of 2026, revealing a revenue surge to $56.31 billion, marking a 33% year-on-year increase. Advertising revenue, a key driver, soared to $55.02 billion, also reflecting a 33% uptick from the previous year. The company's operating profit climbed to $22.87 billion, a 30% rise year-on-year, while earnings per share reached $10.44, significantly up from $6.43 in the same period last year. Looking ahead, Meta anticipates its revenue for the second quarter to range between $58 billion and $61 billion.
