Meta Platforms GAAP EPS of $7.14 beats by $1.24, revenue of $47.52B beats by $2.68B

Meta Platforms press release (NASDAQ:META): Q2 GAAP EPS of $7.14 beats by $1.24.
Revenue of $47.52B (+21.6% Y/Y) beats by $2.68B.
Shares +8%.
Family daily active people (DAP) – DAP was 3.48 billion on average for June 2025, an increase of 6% year-over-year.
Ad impressions – Ad impressions delivered across our Family of Apps increased by 11% year-over-year.
Average price per ad – Average price per ad increased by 9% year-over-year.
Headcount – Headcount was 75,945 as of June 30, 2025, an increase of 7% year-over-year.
We expect third quarter 2025 total revenue to be in the range of $47.5-50.5 billion vs. $44.84B consensus. Our guidance assumes foreign currency is an approximately 1% tailwind to year-over-year total revenue growth, based on current exchange rates. While we are not providing an outlook for fourth quarter revenue, we would expect our year-over-year growth rate in the fourth quarter of 2025 to be slower than the third quarter as we lap a period of stronger growth in the fourth quarter of 2024.

We expect full year 2025 total expenses to be in the range of $114-118 billion, narrowed from our prior outlook of $113-118 billion and reflecting a growth rate of 20-24% year-over-year.

More on Meta Platforms