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Meta Q1 results show dip in user numbers over Iran war, Russia ban
short by Vaishnavi Mishra / on Thursday, 30 April, 2026
Meta saw a slight decline in number of users on a quarter-over-quarter basis in Q1 2026. Meta attributed the decline to internet disruptions in Iran triggered by war and restrictions on WhatsApp in Russia. The tech giant's revenue was $56.31 billion, rise of 33% year-over-year. It has raised 2026 capital expenditure forecast to up to $145 billion over AI spending.
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