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Meta Platforms to Post $10 Billion 3Q Charge on Lawsuit Settlement

Provided by Dow Jones Aug 26, 2026, 7:37:00 PM

By Colin Kellaher

Meta Platforms will post a third-quarter charge of about $10 billion related to its settlement over a lawsuit alleging the company's social-media platforms harmed children.

Meta on Wednesday said the legal expense wasn't contemplated in the full-year total expenses guidance of $165 billion to $169 billion that the Menlo Park, Calif., company gave in late July when it reported second-quarter earnings.

Meta said the other guidance it provided for the year, which included operating income surpassing 2025 levels and capital spending in the range of $130 billion to $145 billion, is unchanged.

The company had previously warned that legal and regulatory matters could significantly impact its business and financial results.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

August 26, 2026 10:37 ET (14:37 GMT)

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