30 Oct 2025 | 5 Mins Read
Meta shares drop on projected increased 2026 expenses
Flipitmoney
Meta's stock dropped 7.7% in after-hours trading despite third-quarter revenue growth of 26% to $51.42 billion, exceeding analyst estimates. The company reported a $2.71 billion profit, or $1.05 per share, driven by advertising revenue and AI investments. However, Meta warned of higher expenses in 2026 due to infrastructure costs and employee compensation.