METAMeta Platforms·2026Q2 10-QPaidFiling score 52 · Moderate

Sponsored links — aiSwingX™ may earn a commission at no extra cost to you. They never affect our articles, scores or rankings.

Meta bought back $0 of stock in the first half — and raised $24.9bn with bonds maturing as late as 2066

Q2 10-Q: buybacks of $23.2bn a year ago fell to zero while capex rose sharply. An escrow for infrastructure purchases and residual-value guarantees for a data-center venture sit only in the notes, not on the face of the statements

Meta bought back $0 of stock in the first half — and raised $24.9bn with bonds maturing as late as 2066
aiSwingX™ analyzes US filings and reports them as news investors can read.
52
–
39
Amazon: 8 Meta AI: 5 ChatGPT: 3 Claude: 3 Perplexity: 2 Google · Gemini: 0 Others: 13
Read by AI & crawlers
Amazon8
Meta AI5
ChatGPT3
Claude3
Perplexity2
Google · Gemini0
Others13

Counted by the name each crawler gives. Google · Gemini includes Googlebot, whose index Google also uses for its AI features; other search engines and bots are in Others.

Meta Platforms (META) did not repurchase a single share in the first half of 2026. The 10-Q filed July 30 shows buybacks falling from $23,159m a year earlier to zero, while notes issued in May raised $24,910m. Where the money is going is set out in the cash flow statement and in Notes 9 and 13.

In plain terms

Meta bought back none of its own shares in the first half of this year. In the same period a year earlier it bought $23.2bn worth. It raised money by borrowing instead.

What happened

Meta Platforms (META) runs Facebook, Instagram and WhatsApp and is among the U.S. stocks most widely held by Korean retail investors.

Its 10-Q for the second quarter of 2026, filed July 30, shows revenue of $60,801m, up 28% from a year earlier, but income from operations of $18,775m, down 8%, and net income of $15,848m, down 14%. Costs grew faster than revenue.

What the numbers meanSubscribers
Why it mattersSubscribers
Company contextSubscribers
What to watchSubscribers
Arithmetic table · quarterly metricsSubscribers
End of the free preview

52 Filing score · Moderate

What the numbers mean — for subscribers

We find the numbers that are in the filing but not in the news, and analyze what they mean, how big they are and what to watch next quarter — with the arithmetic and quarterly metrics. Cancel any time.

$10.99/mo · $109/yr
Log in to subscribe
Not ready to subscribe? Get free alerts when new articles go out.
Only on days we publish. Unsubscribe any time.

FAQ

Where does the filing say there were no buybacks?

The stockholders' equity note states: 'We did not repurchase any shares of Class A common stock during the six months ended June 30, 2026.' The cash flow statement shows no repurchase line; a year earlier the figure was $23,159m.

Did the company explain why it stopped?

Not directly. The MD&A attributes the rise in financing cash to 'net proceeds from the May 2026 Notes and the absence of share repurchases' and says the company has increased, and expects to keep increasing, infrastructure and AI investment. How to read the two together is discussed in the subscriber section.

What are the terms of the $24.9bn of notes?

Issued May 2026, maturing 2031–2066, coupons 4.55%–6.45%. The remaining figures and what they mean are in the subscriber section of this article.

Where can I verify these numbers?

On SEC EDGAR: Meta Platforms' Q2 2026 Form 10-Q (accession 0001628280-26-050705), cash flow statement, the stockholders' equity, long-term debt, commitments (Note 9) and subsequent event (Note 13) notes, and the MD&A liquidity section.

How aiSwingX™ wrote this

  1. We read the filing on SEC EDGAR in full — statements, notes, MD&A. Press releases and news are not used as sources.
  2. Every figure is reconciled to its location in the filing and to XBRL data. One mismatch means no publication.
  3. An editor reviews before publication; any later change is recorded in the revision history.
Meta Platforms Form 10-Q for Q2 2026 (filed 2026-07-30): consolidated statement of cash flows, Stockholders' Equity note (repurchases), Long-term Debt note, Note 9 'Commitments and Contingencies', Note 13 'Subsequent Event', MD&A 'Liquidity and Capital Resources' · SEC EDGAR · This article is not investment advice. Disclaimer

Frequently asked questions

Where can I verify the figures in this article?

Open the filing cited at the bottom of the article (e.g. the 10-Q note number) on SEC EDGAR via the link at the end of the article.

What is the at-a-glance box?

A four-item summary of the article: the key figure, what it means, the source, and what to watch next quarter. If you are short on time, read just that.

May I quote or share this article?

Customary quotation and sharing are fine with attribution (aiSwingX™ and the article URL). Republishing the full text elsewhere requires the License plan.

aiSwingX™ analyzes US filings and reports them as news investors can read.
52
–
39
Amazon: 8 Meta AI: 5 ChatGPT: 3 Claude: 3 Perplexity: 2 Google · Gemini: 0 Others: 13
Read by AI & crawlers
Amazon8
Meta AI5
ChatGPT3
Claude3
Perplexity2
Google · Gemini0
Others13

Counted by the name each crawler gives. Google · Gemini includes Googlebot, whose index Google also uses for its AI features; other search engines and bots are in Others.