secwatch.observer — SEC 8-K summary
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Issuer:     Meta Platforms, Inc. (META)
CIK:        0001326801
Form:       8-K
Filed at:   2026-10-21T20:03:35+00:00
Accession:  0001628280-26-066700
Event type: earnings
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.02, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Meta Q3 revenue $64.6B +26%; EPS $3.83; sets 1:1 non-voting Class C stock dividend
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- Q3 revenue $64.60B, +26% YoY reported and constant currency; Family DAP 3.64B (+3%); ad impressions +10% and average price per ad +14%.
- Costs and expenses $51.61B (+68%) included a $9.89B charge for the agreement with 52 state AGs over teen mental health, potential payments up to ~$18.59B.
- Operating income $12.99B (-37%), margin 20% vs 40%; net income $9.86B and diluted EPS $3.83 (+265%). Ex-charge: operating income $22.88B, EPS $7.40.
- Capex including finance leases $34.91B; operating cash flow $32.79B; free cash flow negative $2.12B; cash/marketable securities $82.45B; headcount 66,775 (-15% YoY).
- Board approved new non-voting Class C and 1:1 stock dividend; shareholders consented Oct 20; charter effective Jan 19, 2027; 80% of Zuckerberg's Class C stapled.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326801/000162828026066700/0001628280-26-066700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326801/000162828026066700/meta-20261019.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-066700

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer