""We are now seeing a major AI acceleration," explained CEO Mark Zuckerberg in the company's fourth-quarter earnings call. "I expect 2026 to be a year where this wave accelerates even further on several fronts.""
"Meta's advertising revenue was $58.1 billion in the quarter -- up 24% from the year-ago quarter. This advertising strength across its core social media platforms helped drive a robust operating margin of 41%, resulting in nearly $25 billion in operating income for the period."
Meta Platforms' stock has dropped about 25% from its peak, now below $600, despite impressive Q4 results. Advertising revenue reached $58.1 billion, a 24% increase year-over-year, with a 41% operating margin. However, costs are rising, leading to slower growth in earnings per share and free cash flow. The company anticipates a 30% revenue growth in the first quarter, driven by advancements in artificial intelligence, which CEO Mark Zuckerberg believes will accelerate significantly by 2026.
Read at The Motley Fool
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