{"id":108784,"date":"2026-04-29T16:50:22","date_gmt":"2026-04-29T16:50:22","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/04\/29\/meta-q1-2026-earnings-report\/"},"modified":"2026-04-29T16:51:34","modified_gmt":"2026-04-29T16:51:34","slug":"meta-q1-2026-earnings-report","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/04\/29\/meta-q1-2026-earnings-report\/","title":{"rendered":"Meta Q1 2026 Earnings Report"},"content":{"rendered":"<p>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108200607\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Mark Zuckerberg, CEO of Meta Platform Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, U.S., on Wednesday, Sept. 17, 2025.<\/p>\n<p>David Paul Morris | Bloomberg | getty images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">meta<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>    Will report first-quarter earnings after the bell on Wednesday.<\/p>\n<p>Here&#8217;s what analysts surveyed by LSEG are expecting:<\/p>\n<ul>\n<li><strong>earnings per share<\/strong>:$6.79 estimated<\/li>\n<li><strong>Income<\/strong>: Estimated at $55.45 billion<\/li>\n<\/ul>\n<p>Meta CEO Mark Zuckerberg has spent the past three months pushing his company deeper into artificial intelligence following a shift in strategy and talent that he kicked off in June with a $14.3 billion investment in Scale AI and the appointment of CEO Alexander Wang.  <\/p>\n<p>Zuckerberg brought Wang in to lead his company&#8217;s revamped AI unit, Meta Superintelligence Labs, and oversee the creation of new models that could make Meta more competitive with OpenAI, Anthropic, and Google. <\/p>\n<p>Earlier this month, Meta introduced the Muse Spark as its first proprietary foundation model. Investors will now be looking to Zuckerberg to lay out a clear strategy towards monetization. <\/p>\n<p>While Wall Street waits, it&#8217;s getting plenty of growth from Meta&#8217;s core advertising business. Analysts expect total revenue, almost all of which comes from advertising, to rise 31% from $42.3 billion a year earlier. This will be the strongest quarter for growth since 2021. <\/p>\n<\/div>\n<div class=\"group\">\n<p>Meta&#8217;s advertising strength shows that the company is benefiting from its advances in AI, even if it has not yet found new revenue sources. <\/p>\n<p>Underpinning Meta&#8217;s AI efforts is spending tied to the company&#8217;s massive data center buildout plans. Meta&#8217;s capital spending for the first quarter is expected to be $27.63 billion, according to StreetAccount.<\/p>\n<p>In its fourth-quarter earnings report in January, Meta estimated capital spending for the year would be between $115 billion and $135 billion. Meta&#8217;s hyperscaler peers &#8211; <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-7\">alphabet<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>, <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-8\">Amazon<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>    And <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-9\">Microsoft<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>    \u2014 are also reporting after the bell on Wednesday, and will update investors on their spending plans for the first time since the U.S.-Iran war began in February, sending oil prices soaring. <\/p>\n<p>As expenses are increasing, Meta is also cutting the number of employees. The company said last week it was laying off about 10% of its workforce, or 8,000 employees, while no longer hiring for 6,000 open roles. The cuts follow a January round of layoffs affecting about 1,000 people at the company&#8217;s Reality Labs unit, and another round in March targeting hundreds of employees in areas such as Facebook, global operations and sales.<\/p>\n<p>Analysts expect Reality Labs, the virtual and augmented reality division, to post a first-quarter operating loss of $4.82 billion on $488.8 million in revenue.<\/p>\n<p><strong>Watch<\/strong>: Cboe&#8217;s JJ Kinahan says retail investors are expecting strong meta earnings.<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108297145\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108297145\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000410882\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mark Zuckerberg, CEO of Meta Platform Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, U.S., on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | getty images meta Will report first-quarter earnings after the bell on Wednesday. Here&#8217;s what analysts surveyed by LSEG<\/p>\n","protected":false},"author":1,"featured_media":52947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[814,2159,234],"class_list":{"0":"post-108784","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-news","8":"tag-earnings","9":"tag-meta","10":"tag-report"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/108784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=108784"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/108784\/revisions"}],"predecessor-version":[{"id":108785,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/108784\/revisions\/108785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/52947"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=108784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=108784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=108784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}