Meta publishes transcript of Q2 2026 earnings call prepared remarks

• Meta Platforms posted prepared remarks for its Q2 2026 results call attended by CEO Mark Zuckerberg, CFO Susan Li, VP Finance Chad Heaton.
• Zuckerberg highlighted AI-driven gains in recommendations and ads, citing faster year-over-year ad revenue growth than any reported peer ad business.
• Li reported Q2 revenue of USD 60.8 billion, up 28%, with Family of Apps ad revenue of USD 59.4 billion, up 27%.
• Expenses rose 55% to USD 42 billion, including USD 2.4 billion legal charges, USD 1.2 billion severance, capital expenditures of USD 31.1 billion.
• Management flagged new revenue lines in subscriptions, APIs, business agents, compute sales; announced a BlackRock venture for a 1GW El Paso data center.

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