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Entertainment

Meta Takes $2.4 Billion Charge for Legal Proceedings in Q2, Revenue Booms 28% to Over $60 Billion

Variety

EntertainmentVariety·Jul 29, 2026·1 min read

Meta Takes $2.4 Billion Charge for Legal Proceedings in Q2, Revenue Booms 28% to Over $60 Billion

Meta continues to post soaring revenue, but the Mark Zuckerberg-led company took a big hit in the second quarter of 2026 related to legal proceedings and layoffs. The company, the parent of Facebook and Instagram, said it took “$2.4…

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