Meta's Revenue Grew but Its Cash Dried Up — Here's Why

Meta made 28% more money last quarter, pulling in $60.8 billion. Yet the cash left over after paying its bills fell 91% to $784 million. The reason: Meta is pouring money into the computers and data centers that power artificial intelligence. Profits dropped, its 2026 spending plan went up, and shares fell as much as 10% after the July 29 report.