Q1 25 EPS
$6.43
BEAT +23.11%
Est. $5.22
Q1 25 Revenue
$42.31B
BEAT +2.30%
Est. $41.36B
vs S&P Since Q1 25
-23.5%
TRAILING MARKET
META +5.6% vs S&P +29.0%
Market Reaction
Did META Beat Earnings? Q1 2025 Results
Meta Platforms delivered a strong first quarter, posting revenue of $42.31 billion, up 16.1% year over year, and diluted EPS of $6.43, which came in 23.11% above the $5.22 consensus estimate and reflected a 37% gain from the prior year period. The pr… Read more Meta Platforms delivered a strong first quarter, posting revenue of $42.31 billion, up 16.1% year over year, and diluted EPS of $6.43, which came in 23.11% above the $5.22 consensus estimate and reflected a 37% gain from the prior year period. The primary engine behind the beat was Meta's advertising business, which generated $41.39 billion in ad revenue as both impression volume and pricing moved higher, while Family daily active people climbed to 3.43 billion. Operating margin expanded to 41% from 38% a year ago, even as research and development spending accelerated to $12.15 billion to fund the company's intensifying AI push, with CEO Mark Zuckerberg noting that Meta AI has reached nearly 1 billion monthly active users. Looking ahead, Meta guided Q2 2025 revenue of $42.50 billion to $45.50 billion and raised its full-year capital expenditure outlook to $64.00 billion to $72.00 billion, though a European Commission ruling against its subscription-based ad model introduces a regulatory overhang that could weigh on European revenue as early as Q3 2025.
Key Takeaways
- • Ad impressions increased 5% year-over-year
- • Average price per ad increased 10% year-over-year
- • Family daily active people grew 6% YoY to 3.43 billion
- • Revenue on a constant currency basis increased 19% YoY
- • Operating margin expanded to 41% from 38% YoY
META YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
META Revenue by Segment
With YoY comparisons, source: SEC Filings
“We've had a strong start to an important year, our community continues to grow and our business is performing very well.”
— Mark Zuckerberg, Q1 2025 Earnings Press Release
META Earnings Trends
META vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
META EPS Trend
Earnings per share: estimate vs actual
META Revenue Trend
Quarterly revenue: estimate vs actual
META Quarterly Results
7 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $6.66 | $10.44 | +56.79% | $56.31B | +1.36% |
| Q4 25 BEAT FY | $8.22 | $8.88 | +8.00% | $59.89B | +2.43% |
| FY Full Year | — | $23.49 | — | $200.97B | — |
| Q3 25 BEAT | $6.70 | $7.25 | +8.20% | $51.24B | +3.75% |
| Q2 25 BEAT | $5.90 | $7.14 | +20.97% | $47.52B | +5.98% |
| Q1 25 BEAT | $5.22 | $6.43 | +23.11% | $42.31B | +2.30% |
| Q4 24 BEAT FY | $6.76 | $8.02 | +18.67% | $48.39B | +2.96% |
| FY Full Year | — | $23.86 | — | $164.50B | — |
| Q3 22 MISS | $1.89 | $1.64 | -13.23% | $27.71B | +1.12% |