"CEO Mark Zuckerberg stated that the results were driven by growth across our apps and the release of our first model from Meta Superintelligence Labs, adding the company is on track to deliver personal superintelligence to billions of people."
"Meta raised its capex forecast for 2026 to between $125 billion and $145 billion, citing higher component prices and plans to build out additional AI infrastructure to support future capacity."
"Despite the revenue increase, daily active users across Meta's apps marked their first quarterly decline, with the company blaming pressure from regional disruptions including internet outages in Iran and WhatsApp service restrictions in Russia."
"Meta's Reality Labs division remained in the red, posting an operating loss of $4 billion, with revenue from the unit at $402 million, down around 2.4 percent."
Meta Platforms reported a significant revenue increase of 33% year-on-year, reaching $56.3 billion in Q1 2026, primarily due to advertising growth and advancements in AI infrastructure. CEO Mark Zuckerberg emphasized the company's commitment to delivering personal superintelligence. Meta raised its capital expenditure forecast for 2026 to between $125 billion and $145 billion, reflecting higher component costs and AI infrastructure plans. Despite revenue growth, daily active users declined for the first time, attributed to regional disruptions. The Reality Labs division reported an operating loss of $4 billion, with revenue down 2.4%.
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