The company reported revenue of $47,516 million, income from operations of $20,441 million and net income of $18,337 million for Q2 2025 (3 months ended June 30). Its operating margin was 43%.

1. 01

   The company reported revenue of $47,516 million, income from operations of $20,441 million and net income of $18,337 million for Q2 2025 (3 months ended June 30). Its operating margin was 43%.

2. 02

   The company said it generated operating cash flow of $25.56 billion and free cash flow of $8.55 billion in Q2, and capital expenditures, including principal payments on finance leases, were $17.01 billion.

3. 03

   The company said it expects total revenue for Q3 2025 to be in the range of $47.5 to 50.5 billion. It narrowed its full-year total expenses outlook to $114 to 118 billion from $113 to 118 billion, and its capital expenditures outlook, including principal payments on finance leases, to $66 to 72 billion from $64 to 72 billion.

4. 04

   Meta Platforms said it repurchased Class A common stock for $9.76 billion and paid dividends and dividend equivalents of $1.33 billion in Q2. It also said that if the EU requires further changes to its Less Personalized Ads offering, the change could have a significant negative impact on its European revenue.

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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