🚀 Business & Startups🌐 Global
Meta's Q2 Profit Falls as Legal Bills and Severance Costs Pile Up
mint - companies·Thursday, 30 July 2026
Meta shares dropped after the company reported a decline in Q2 profit, weighed down by legal expenses and severance costs. The company, which owns Facebook, Instagram, and WhatsApp, saw its bottom line take a hit despite continued revenue. The share price fell in response to the results.
Why It Matters
Meta owns the platforms that billions of people — including hundreds of millions of Indians — use every day, so its financial health shapes what features get built and what gets cut.
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