Meta Had A Strong Second Quarter, But Its Operating Margin Fell

Meta achieved strong revenue results in the second quarter, including improvements in its advertising business, but its operating cash flow was almost all absorbed by capital expenditures, according to an analysis by Seeking Alpha. The company generated $60.8 billion, a 28% increases YoY, But its operating margin sank to 31%, down from 43% during the same period last year. The analyst did not feel comfortable adding a large premium to Meta’s current market price until there is a clear outlook regarding its financial performance.

Last updated Sep 30, 2026 by ATDb automated enrichment