"Meta" revealed an interesting and somewhat contradictory picture in its latest financial report.
Modern.az reports that "The Verge" platform published information about this. It states that while the company demonstrated record revenue growth on the one hand, on the other hand, it announced that millions of users had left its platforms.
According to the information disclosed by the company, the "Family daily active people" indicator (i.e., the total daily active users of "Facebook", "Instagram", "WhatsApp" and "Messenger" platforms) decreased by 20 million people in the last quarter compared to the previous three months. "Meta" attributes this decrease mainly to internet restrictions in Iran and limited access to WhatsApp in Russia. However, the separate presentation of user statistics by platform makes it difficult to determine which services were more affected.
Despite this decrease in user numbers, "Meta" intends to further increase its investments in artificial intelligence. The company has raised its capital expenditures for 2026 to a range of $125-$145 billion, which is $10 billion more than the previous forecast. The main reasons for this increase are cited as rising component prices and additional infrastructure costs for data centers. Meta's CFO Susan Li stated that the company had underestimated the demand for computing power in previous periods.
As for the financial results, Meta's revenues showed the fastest growth in recent years. The company's revenue increased by 33% from $42.3 billion in the same period last year to $56.3 billion in this quarter. However, not all divisions share the same success. In particular, the Reality Labs division, which works on virtual reality and wearable technologies, reported an operating loss of $4.03 billion in the last three months. Employee layoffs have also been carried out twice in this division since the beginning of the year. The market reaction was negative. After the company's financial report, Meta shares lost more than 7% of their value.
