Meta announced a decrease of 20 million daily active users across its platforms during the last quarter compared to the previous quarter. This figure includes users of Facebook, Instagram, WhatsApp, and Messenger, categorized under "family daily active people."

Meta attributed the decline to internet outages in Iran and restrictions on access to WhatsApp in Russia. However, the company did not specify which platforms were most affected, as it aggregates statistics for all its services.

Despite this decline, Meta plans to increase its investments in artificial intelligence, raising its 2026 capital expenditure forecast to between $125 billion and $145 billion, a $10 billion increase over previous estimates. This increase is attributed to anticipated higher component prices and future data center costs, according to Chief Financial Officer Susan Li.

On the other hand, Meta reported a 33% year-over-year increase in revenue, rising from $42.3 billion to $56.3 billion this quarter. However, its Reality Labs division, responsible for developing wearable devices and virtual reality technologies, posted an operating loss of $4.03 billion during the same period, following two waves of layoffs since January.

Meta's stock value fell by more than 7% after the financial results were announced.