- Transaction fees on purchases Muse completes for users
- Premium subscriptions on top of the free tier
- Enterprise services, including model APIs and business agents
- Zuckerberg expects compute efficiency to improve more than tenfold over the next year, supporting plans to serve over 1 billion users
- Q3 revenue of $64.6 billion, up 26% year over year, beating the $63.41 billion consensus
- Adjusted earnings of $7.40 per share, above the $6.52 estimate
- Q3 capital spending of $34.91 billion; free cash flow was negative $2.12 billion
- Full-year 2026 capex guidance narrowed to $135 billion-$145 billion
- Shopping is Muse's leading use case, with more than one-quarter of users engaging in commerce
- Average purchases exceed $200, including travel transactions
- Roughly 25% of the 10 million users use Muse daily
- Initial enterprise offerings: model APIs, Muse Code and business agents
- Longer-term plans connect personal and commercial agents
- Meta cites access to about 500 million self-identified small businesses on its platforms
- A shift toward permission-based agent interactions via authenticated APIs and the Personal Agent Protocol
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