Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Show glasses, as he delivers a speech presenting the brand new line of sensible glasses, through the Meta Join occasion on the firm’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025.
Carlos Barria | Reuters
Meta shares dropped 9% after the corporate reported third-quarter earnings on Wednesday that beat on gross sales.
Here is how the corporate did, in contrast with estimates from analysts polled by LSEG:
- Earnings per share: $7.25 adj. vs. $6.69 estimated
- Income: $51.24 billion vs. $49.41 billion estimated
Meta mentioned that the implementation of President Donald Trump’s One Large Stunning Invoice Act resulted in a one-time, non-cash earnings tax cost of $15.93 billion. The corporate mentioned it expects the act to lead to “a big discount” in its U.S. federal money tax funds for the remainder of 2025 and future years.
The corporate mentioned it expects fourth quarter income to be within the vary of $56 billon to $59 billion. The midpoint of that vary is available in above what was anticipated by analysts, in keeping with StreetAccount.
Meta raised the low finish of its whole bills for the yr by $2 billion, saying bills will are available in between $116 billion to $118 billion. That determine was beforehand $114 billion to $118 billion.
The corporate additionally raised its 2025 steerage for capital expenditures, which is able to now come within the vary of $70 billion to $72 billion. It is prior outlook was between the vary of $66 to $72 billion.
Meta’s Actuality Labs unit, tasked with constructing the metaverse, reported a third-quarter lack of $4.4 billion on $470 million in gross sales.
The corporate mentioned that it recorded 3.54 billion every day lively folks for the quarter. Wall Avenue anticipated Meta to report 3.5 billion every day lively folks.
That is breaking information. Please examine again for updates.
Correction: Analysts anticipated Meta income to return in at $49.41 billion. That quantity was misstated within the earlier model of this story.
