Q4 25 EPS
$8.88
BEAT +8.00%
Est. $8.22
Q4 25 Revenue
$59.89B
BEAT +2.43%
Est. $58.47B
vs S&P Since Q4 25
-18.4%
TRAILING MARKET
META -14.6% vs S&P +3.8%
Full Year 2025 Results
FY 25 EPS
$23.49
FY 25 Revenue
$200.97B
Market Reaction
Did META Beat Earnings? Q4 2025 Results
Meta Platforms delivered a strong finish to 2025, with Q4 results beating expectations on both the top and bottom lines. The social media giant posted earnings per share of $8.88, clearing the $8.22 consensus estimate by 8.00%, while revenue climbed … Read more Meta Platforms delivered a strong finish to 2025, with Q4 results beating expectations on both the top and bottom lines. The social media giant posted earnings per share of $8.88, clearing the $8.22 consensus estimate by 8.00%, while revenue climbed 23.8% year-over-year to $59.89 billion, ahead of the $58.47 billion Wall Street had anticipated. The primary engine behind the revenue beat was advertising, which contributed $58.14 billion as ad impressions rose 18% and average price per ad ticked up 6%, with daily active users across Meta's Family of Apps reaching 3.58 billion in December. Operating margin contracted to 41% from 48% a year ago as total costs surged 40%, driven by a sharp jump in R&D spending to $17.14 billion. Looking ahead, Meta guided Q1 2026 revenue of $53.50 to $56.50 billion and projected full-year capital expenditures of $115 to $135 billion, a dramatic acceleration tied to the buildout of Meta Superintelligence Labs, underscoring the company's deepening commitment to AI infrastructure.
Key Takeaways
- • Ad impressions increased 18% year-over-year in Q4 2025
- • Average price per ad increased 6% year-over-year in Q4 2025
- • Family daily active people grew 7% year-over-year to 3.58 billion
- • 24% year-over-year advertising revenue growth in Q4
META YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
META Revenue by Segment
With YoY comparisons, source: SEC Filings
“We had strong business performance in 2025. I'm looking forward to advancing personal superintelligence for people around the world in 2026.”
— Mark Zuckerberg, Q4 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% |