Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025.
Meta on Wednesday will report fourth-quarter earnings, and investors will be looking for any signs that its revamped artificial intelligence strategy will benefit the company in 2026.
Here's what analysts polled by LSEG are expecting:
Earnings per share : $8.21 estimated
: $8.21 estimated Revenue: $58.35 billion estimated
Meta spent a large chunk of 2025 overhauling its AI unit, including investing $14.3 billion in Scale AI to land the startup's founder, Alexandr Wang, and several of his colleagues.
Wang oversees Meta's top-tier TBD unit that is tasked with developing powerful AI models. The company set up TBD after its Llama 4 model launched to tepid response from developers last spring. Meta has been testing a new frontier model and Llama successor code-named Avocado, and plans to release it during the first half of the year, CNBC reported.
Underpinning Meta's AI efforts has been a major data center build-out while rivals like OpenAI and Alphabet do the same. Meta on Tuesday said it committed to paying glass manufacturing giant Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers.
Although investors have been spooked by Meta's costly artificial intelligence investments, CEO Mark Zuckerberg has characterized the moves as necessary given AI's rapid pace of development.
"Being able to make a significantly larger investment here is very likely to be a profitable thing over, over some period," Zuckerberg told analysts in October.
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