Meta reports Q3 growth and plans Class C stock dividend

Meta reported third-quarter 2026 revenue of $64.60 billion, up 26% year over year, and diluted EPS of $3.83, including a $9.89 billion charge tied to its agreement with 52 state attorneys general; excluding the charge, EPS would have been $7.40. The board approved a publicly listed, non-voting Class C share class effective January 19, 2027, and declared a one-time dividend of one Class C share for each outstanding Class A and Class B share, with record and payment dates to be set later; the distribution is expected to create a two-for-one split effect without changing voting power.