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Earnings · on the rundown Wednesday, July 29, 2026

Meta Q2 profit falls on legal and severance costs

Covered by 5 outlets over 5 hours. They ran 3 distinct reports; the most widely run, a syndicated copy, appeared on 3 sites. First reported by clickorlando.com at 21:00 UTC on July 29, 2026.

5 outlets

What happened?

  1. Revenue grew 28% to $60.8 billion from $47.52 billion, according to Meta.
  2. Meta said daily active users on its family of apps grew 3% from a year earlier to 3.6 billion.

Meta Platforms reported second-quarter profit of $15.85 billion, or $6.18 per share, down 14% from a year earlier, while revenue rose 28% to $60.8 billion. Meta shares fell 4.2% to $560.85 in after-hours trading.

A machine summary written from the reports listed below; read them for the full account. How summaries are made and what is checked.

Who reported it, and when?

3 distinct reports run by 5 outlets, earliest first (UTC); a syndicated report lists every site that ran it
TimeReportRun by
Jul 29 21:00Meta shares drop as Q2 profit declines due to legal expenses and severance costs
Jul 29 21:45Report by bgnes.com
  • bgnes.com
Jul 29 22:06Report by today.rtl.lu
  • today.rtl.lu

A report's title is shown once our automated legal check has read it and passed it; 2 reports are named by outlet, and the links lead to each report.

Who was named?

More news naming Meta

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  2. Oct 6 · AI Meta announces AI ad tools at Advertising Week 2
  3. Oct 5 · Finance Nasdaq Record Close 27,477 as Rate-Hike Odds Drop to 24% 3
  4. Oct 2 · AI Apple to tighten macOS full disk access controls over AI agent risks 4
  5. Sep 30 · Startups OpenAI has a dots agent, and Meta has Muse 2
  6. Sep 30 · AI Trump says tech firms signed voluntary accord to self-police AI 2

Sources: the outlets' reports linked on this page; counts and times from GetYourBrief's record of those reports (methodology).