Meta Q3 2025 results ($META)
EPS: $1.05 vs $6.03 y/y (reflecting share split or accounting change)
Revenue: $51.24B vs est. $49.59B
Advertising revenue: $50.08B vs est. $48.59B
Family of Apps revenue: $50.77B vs est. $49.04B
Family of Apps operating income: $24.97B vs est. $24.79B
Reality Labs revenue: $470M vs est. $317M
Reality Labs operating loss: $4.43B vs est. loss $5.16B
Operating income: $20.54B, up 18% y/y
Q4 revenue guidance: $56B–$59B vs est. $57.38B
Meta delivered another solid quarter, topping revenue and profit expectations on strong advertising growth and narrower losses at Reality Labs. The upbeat Q4 guidance points to sustained ad demand and early benefits from AI-driven monetisation across its platforms.
Says the firm:
- "We expect a significant reduction in our U.S. federal cash tax payments for the remainder of 2025 and future years due to the implementation of the One Big Beautiful Bill Act. However, the implementation also led to the recognition of a valuation allowance against our U.S. federal deferred tax assets, reflecting the impact of the U.S. Corporate Alternative Minimum Tax. As a result, the third quarter 2025 provision for income taxes includes a one-time, non-cash income tax charge of $15.93 billion."
