Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025.
Meta reported fourth-quarter earnings on Wednesday, providing stronger-than-expected sales guidance that caused shares to rise as much as 10% in after-hours trading.
Here's how the company did, compared with estimates from analysts polled by LSEG:
Earnings per share: $8.88 vs. $8.23 estimated
$8.88 vs. $8.23 estimated Revenue: $59.89 billion vs. $58.59 billion estimated
Meta said it expects first-quarter sales to come in the range of $53.5 billion to $56.5 billion, ahead of analyst estimates of $51.41 billion.
The company said fourth-quarter sales rose 24% year-over-year. The company said its advertising business generated revenue of $58.1 billion for the period. Advertising made up nearly 97% of the company's overall revenue for the quarter.
Meta said that fourth-quarter daily active people came in at 3.58 billion, in line with Wall Street estimates.
The social media giant said it expects the total expenses for 2026 to come in between $162 billion through $169 billion.
Capital expenditures related to the company's artificial intelligence push are expected to be in the range of $115 billion to $135 billion for 2026, ahead of analyst expectations of $110.7 billion for the year. It's also nearly double how much Meta spent on CapEx in 2025, which came in at $72.2 billion, the company said on Wednesday.
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