Meta reported third-quarter 2026 results on Wednesday, topping revenue expectations for the period, according to Yahoo Finance. Alongside the results, the company announced a 2-for-1 stock split, Yahoo Finance reported.
The results were published the same day on Meta's investor relations page, which carried the company's official third-quarter 2026 report. Yahoo Finance's live coverage paired the revenue beat with the split announcement.
The earnings arrived at a closely watched moment for the company. Barron's framed the report as Meta standing at a crossroads, while Bloomberg described the results as a test of confidence for a struggling AI trade. Business Insider reported that Meta narrowed its capital expenditure forecast as it leans further into competition over AI agents.
Those headlines suggest investors were weighing Meta's spending on artificial intelligence against its core financial performance, though the source material does not include the specific figures behind the revenue beat or the narrowed capex guidance.
The stock split will change the number of shares in circulation and the per-share price, though Meta has not yet been reported here to have set a distribution date or ratio details beyond the 2-for-1 figure.
What to watch next: how Meta's shares react to the split announcement and whether the company provides further detail on its AI spending plans.
