Meta Platforms, Inc. (META) Q2 2026 Earnings Call

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WEBVTT 00:00:01.705 -- 00:00:06.668 Good afternoon. My name is Krista, and I will be your conference operator today. 00:00:06.668 -- 00:00:11.831 At this time, I would like to welcome everyone to META's second quarter 2026 00:00:11.831 -- 00:00:16.814 Earnings Conference Call. All lines have been placed on mute to prevent any background 00:00:16.814 -- 00:00:22.198 noise. After the speaker's remarks, there will be a question and answer session. 00:00:22.198 -- 00:00:26.981 If you would like to ask a question, please press star, then the number 1 on your telephone 00:00:26.981 -- 00:00:31.498 keypad. To withdraw your question, again, press star 1. 00:00:31.498 -- 00:00:36.459 We ask that you limit yourself to one question, and this call will be recorded. 00:00:36.459 -- 00:00:41.520 Thank you very much. Chad Heaton, Meta's Vice President of Finance, 00:00:41.520 -- 00:00:43.701 you may begin. 00:00:43.701 -- 00:00:49.042 Thank you. Good afternoon, and welcome to Meta Platforms' second quarter 2026 earnings 00:00:49.042 -- 00:00:50.843 conference call. 00:00:50.843 -- 00:00:57.334 Joining me today to discuss our results are Mark Zuckerberg, CEO, and Susan Li, CFO. 00:00:57.334 -- 00:01:01.216 Our remarks today will include forward-looking statements, which are based on assumptions 00:01:01.216 -- 00:01:03.117 as of today. 00:01:03.117 -- 00:01:07.640 Actual results may differ materially as a result of various factors, including those 00:01:07.640 -- 00:01:12.922 set forth in today's earnings press release and in our quarterly report on Form 10-Q 00:01:12.922 -- 00:01:15.144 filed with the SEC. 00:01:15.144 -- 00:01:19.526 We undertake no obligation to update any forward-looking statement. 00:01:19.526 -- 00:01:24.682 During this call, we will present both GAAP and cert...