Meta's Second Quarter Net Profit Grows 36%, Stock Price Rises 9%

Meta

Phoenix News Technology News Beijing time, July 31, Meta (NASDAQ: META), the parent company of Facebook, announced its financial report for the second quarter of 2025 ended June 30. The report shows that Meta's total revenue for the second quarter was $475.16 billion, a 22% increase from the same period last year; net profit was $183.37 billion, a 36% increase from the same period last year, with a loss of $45.30 billion in its metaverse business.

Stock Price Performance:

Meta's second-quarter revenue and earnings per share both exceeded analyst expectations, driving the stock price up nearly 9% after the market closed.

Meta's stock price rose 8.93% after the market closed.

As of Wednesday, Meta's opening price on the NASDAQ was $708.09. As of the closing bell, Meta's stock price fell 4.79 dollars to 695.21 dollars, a decline of 0.68%. As of the time of this report, Meta's stock price had risen 62.05 dollars to 757.27 dollars, an increase of 8.93%. Over the past 52 weeks, Meta's highest stock price was $747.90 and its lowest was $450.80.

Second-quarter operating highlights:

—As of June 2025, the average daily active user (DAU) for Meta's family of apps reached 3.48 billion, a year-over-year increase of 6%;

—The number of ads displayed on Meta's family of apps increased by 11% year-over-year, with an average ad price increase of 9%.

Second-quarter financial performance:

—Total revenue reached $475.16 billion, a 22% increase from the same period last year;

• Advertising revenue reached $465.63 billion, a 21% increase from the same period last year;

• Other business income reached $5.83 billion, a 50% increase from the same period last year;

• The revenue of Meta's virtual reality laboratory, which is responsible for its metaverse business, reached $3.70 billion, a 5% increase from the same period last year, with an operating loss of $45.30 billion, a 1% increase from the same period last year;

—Total costs and expenses reached $270.75 billion, a 12% increase from the same period last year;

—Operating profit reached $204.41 billion, a 38% increase from the same period last year, with an operating profit rate of 43%, a 5 percentage point increase from the same period last year;

—Net profit reached $183.37 billion, a 36% increase from the same period last year, with earnings per share of $7.14, a 38% increase from the same period last year;

—Capital expenditures reached $170.1 billion;

—Meta repurchased $97.6 billion worth of its A-class common stock in this quarter; and

—Dividends and dividend equivalents totaling $13.3 billion were paid out.

Third-quarter outlook:

—Meta expects its total revenue for the third quarter of 2025 to be between $475 billion and $505 billion, based on a roughly 1% positive impact from exchange rate fluctuations;

—Meta expects its total expenses for the third quarter of 2025 to be between $1140 billion and $1180 billion, an increase of 20% to 24% year-over-year;

—Meta expects its capital expenditures for the third quarter of 2025 to be between $660 billion and $720 billion, an increase of roughly 300 billion dollars over the same period last year.

Executive comments:

Meta founder and CEO Mark Zuckerberg said, "No matter whether it's in terms of business or community, we've done a great job this quarter. I'm extremely excited to build personal superintelligence for everyone around the world."