Meta Platforms (NASDAQ: META) — Q3 2026 PRE EARNINGS

meta q3 2026 pre-earnings finance note
What to watch
Online Advertising is Meta's leading product

Online Advertising sits within Meta’s Advertising segment, 97.6% of revenue, which grew 27.5%, almost twice as fast as Alphabet’s, the only larger segment in the group. AppLovin grew fastest at 52.8%.

See every company in Online Advertising →
Growth rank
#6 of 11
↑ 27.5% year on year in the reported segment
Size rank
#2 of 10
$59.36B segment revenue
Share of the combined segments
29.7%
of $199.75B across 10 companies that report one
Dependence on this segment
97.6%
of META’s total revenue

Who else sells Online Advertising

The revenue segment each company reports that contains this product. 14 companies; 3 do not disclose a segment.

CompanyQuarterRevenue segmentSegment revenue% of companyGrowth
GOOGLQ2 FY2026 · Jun 30, 2026Google Advertising$81.63B68.1%↑ 14.4%
METAQ2 FY2026 · Jun 30, 2026Advertising$59.36B97.6%↑ 27.5%
AMZNQ2 FY2026 · Jun 30, 2026Advertising Services$19.81B9.9%↑ 26.2%
UBERQ2 FY2026 · Jun 30, 2026Mobility$7.36B51.9%↑ 1.0%
UBERQ2 FY2026 · Jun 30, 2026Delivery$5.25B37.0%↑ 27.9%
NFLXQ2 FY2026 · Jun 30, 2026Total Revenue$12.56B100.0%↑ 13.4%
DASHQ2 FY2026 · Jun 30, 2026Total Revenue$4.45B100.0%↑ 35.6%
MELIQ2 FY2026 · Jun 30, 2026Commerce Services$4.30B42.3%↑ 42.0%
SHOPQ2 FY2026 · Jun 30, 2026Merchant Solutions$2.78B77.6%↑ 37.4%
APPQ2 FY2026 · Jun 30, 2026Total Revenue$1.92B100.0%↑ 52.8%
BKNGQ2 FY2026 · Jun 30, 2026Advertising and Other$322M4.4%↑ 8.4%
PDDQ2 FY2026 · Jun 30, 2026Online Marketing Services and OthersRMB 57.64B51.3%↑ 3.5%
ADBEQ3 FY2026 · Aug 28, 2026Not disclosed by ADBE
PYPLQ2 FY2026 · Jun 30, 2026Not disclosed by PYPL
TTWOQ1 FY2027 · Jun 30, 2026Not disclosed by TTWO

Peer rank: year-on-year growth

Growth of the reported segment, latest quarter. A company with several segments shows its fastest.

APP
52.8%
MELI
42.0%
SHOP
37.4%
DASH
35.6%
UBER
27.9%
META
27.5%
AMZN
26.2%
GOOGL
14.4%
NFLX
13.4%
BKNG
8.4%
PDD
3.5%

Concentration: share of company revenue

How much of each company’s total revenue sits in the segment above.

NFLX
100.0%
APP
100.0%
DASH
100.0%
META
97.6%
UBER
88.8%
SHOP
77.6%
GOOGL
68.1%
PDD
51.3%
MELI
42.3%
AMZN
9.9%
BKNG
4.4%

Combined segment revenue

The 10 companies that report a segment for this product earned this in those segments in their latest quarters. It is the revenue of the whole reported segment, not of the product alone. 1 company reporting in another currency is left out of the total and the size rank.

$199.75B

Coverage: Nasdaq 100 and S&P 100 companies mapped to Online Advertising (14 companies, 11 disclose a segment). Quarters differ by company; each row shows its own period end date.

Source: Revenue segments as reported in each company’s SEC filings. Products are mapped to segments from company pages.

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