Meta’s Almost $10 Billion Legal Costs Take Huge Toll on Q3 Earnings, Wall Street Shrugs
Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter…
Variety reports: 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 on Wednesday 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.
This business story centres on the United States. Names and organisations mentioned in the coverage include Meta’s Almost, Billion Legal Costs Take and Huge Toll.
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- United States · Americas
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- Meta’s Almost, Billion Legal Costs Take, Huge Toll, Wall Street Shrugs
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