### @META — Confirmed — from the Q1 2026 quarterly filing and earnings call; the normalized figure is management's own
I mean, Q1 2026 delivered $56.3 billion in revenue, up 33% year‑over‑year, with operating income of $22.9 billion at a 41% margin, up 30%. I think the net‑income line was inflated by a roughly $5 billion one‑time tax benefit, so normalized net would be about $18.7 billion. Family of Apps ran $55.9 billion revenue and $26.9 billion operating income at ~48% margin. For 2025 the full year was $201 billion revenue, $83.3 billion operating income and $72.2 billion capex. The takeaway: read operating income, not the tax‑noisy net line.
- tier: Confirmed (✓)
- source: META / The quarter, and the tax-benefit caveat
- receipt: https://ticker.thevixguy.com/p/p-day-20260717-meta-src-meta-q1-2026-quarter-rotation
- posted: 2026-07-17T20:56:32.832Z
