Meta said revenue for Q1 2025 ended March 31 was $42,314 million, an increase of 16% year-over-year, and operating income was $17,555 million, an increase of 27%. Operating margin was 41%.

1. 01

   Meta said revenue for Q1 2025 ended March 31 was $42,314 million, an increase of 16% year-over-year, and operating income was $17,555 million, an increase of 27%. Operating margin was 41%.

2. 02

   The company said net income for Q1 2025 was $16,644 million, an increase of 35% year-over-year, and diluted earnings per share was $6.43, an increase of 37%. The effective tax rate was 9% compared with 13% in the prior-year period.

3. 03

   Meta said cash flow from operating activities for Q1 2025 was $24.03 billion and free cash flow was $10.33 billion. Capital expenditures, including principal payments on finance leases, for the same period were $13.69 billion.

4. 04

   The company said full-year 2025 capital expenditures, including principal payments on finance leases, would be in the range of $64 to 72 billion, compared with its prior outlook of $60 to 65 billion. It said the updated outlook reflects additional data center investments to support artificial intelligence efforts as well as an increase in the expected cost of infrastructure hardware.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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