Meta reports $64.6 billion in Q3 revenue and a non-voting Class C

Meta said third-quarter revenue rose 26 percent to $64.601 billion and diluted earnings were $3.83 a share after a $9.89 billion charge tied to its agreement with 52 state attorneys general. Operating income was $12.988 billion, quarterly capital spending was $34.91 billion, and free cash flow was negative $2.12 billion. The board approved a non-voting Class C share effective Jan. 19, 2027, to be issued one-for-one on Class A and Class B stock without changing voting power.

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