META Earnings Predictions — 2026-07-29

Ticker Report or Guide KPI Prediction Answer Confidence
META Report Q2 2026 revenue BEAT pred ~$60.85B vs. cons $60.19B MEDIUM
META Report Q2 2026 diluted EPS BEAT pred ~$7.34 vs. cons $7.23 MEDIUM
META Report Q2 2026 operating margin IN-LINE pred ~41.7% vs. cons 41.44% LOW
META Guide Q3 2026 revenue guidance midpoint BETTER guide ~$62.5B vs. cons $62.0B (Q3 2026) MEDIUM
META Guide FY2026 capital expenditures midpoint LOWER guide ~$140B vs. cons $135B (FY2026) MEDIUM
META Guide FY2026 total expenses midpoint UNCHANGED guide ~$165.5B vs. cons $165.5B (FY2026) MEDIUM
META Return Day-1 residual (stock − beta × S&P 500) -3.8% MEDIUM
META Return 5-day cumulative residual -5.6% (FOLLOW-THROUGH) A modest operating beat and ~0.8% Q3 revenue-guide upside are outweighed by FY2026 capex rising to ~$140B versus ~$135B consensus. Higher infrastructure commitments imply greater 2027 depreciation, financing costs and free-cash-flow pressure, driving out-period estimate cuts after the initial report. MEDIUM