Meta looks to report fastest revenue growth since 2021

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 will report first-quarter earnings after the bell on Wednesday.

Here's what analysts polled by LSEG are expecting:

Earnings per share : $6.79 estimated

: $6.79 estimated Revenue: $55.45 billion estimated

Meta CEO Mark Zuckerberg has spent the past three months continuing his company's deeper push into artificial intelligence following a strategy shift and talent overhaul that he initiated in June with the $14.3 billion investment in Scale AI and the hiring of CEO Alexandr Wang.

Zuckerberg brought in Wang to lead his company's revamped AI unit, Meta Superintelligence Labs, and oversee the building of new models that could make Meta more competitive with OpenAI, Anthropic and Google.

Earlier this month, Meta debuted Muse Spark as its first proprietary foundation model. Investors will now be looking for Zuckerberg to start laying out a clearer strategy towards monetization.

While Wall Street waits, it's getting plenty of growth out of Meta's core advertising business. Analysts expect total revenue, which almost all comes from advertising, to jump 31% from $42.3 billion a year earlier. That would mark the strongest quarter for growth since 2021.