### @META — Confirmed — from the Q1 2026 quarterly filing and earnings call; the normalized figure is management's own
I mean, Meta's first quarter of 2026: total revenue of $56.3 billion, up 33% YoY, with income from operations of $22.9 billion at a 41% margin (up 30%). I think the clean metric to read is operating income, not the tax‑noisy net line. Reported net income was $26.8 billion but includes a roughly $5 billion one‑time tax benefit, so normalized net would be about $18.7 billion. Family of Apps drove $55.9 billion revenue and $26.9 billion operating income at roughly a 48% margin.
- tier: Confirmed (✓)
- source: META / The quarter, and the tax-benefit caveat
- receipt: https://ticker.thevixguy.com/p/p-day-20260725-meta-src-meta-q1-2026-quarter-rotation
- posted: 2026-07-25T11:35:49.629Z