Yuan Stocks rose more than 10% after the company reported second-quarter earnings in revenue on Wednesday. This is the case with the analyst estimates surveyed by LSEG.
- Earnings per share: $7.14 vs. $5.92 Expected
- income: US$47.52 billion versus US$44.8 billion expected
Meta’s second-quarter sales rose 22% year-on-year, the same as a year ago.
The company’s second-quarter advertising revenue was $46.56 billion, ahead of Wall Street’s forecast of $43.97 billion. CEO Mark Zuckerberg said in a call with analysts on Wednesday that Meta’s artificial intelligence technology unlocks “improving efficiency and improvements in our advertising system.”
Meta said sales in the third quarter will be between $47.5 billion and $50.5 billion, with an estimated $46.14 billion.
The company said capital expenditure will be between $66 billion and $72 billion, adding to the company’s low end The previous one It is estimated to be between $64 billion and $72 billion.
Meta said that hiring-related compensation will be the “second biggest driver of growth” and that “these factors will lead to a year-on-year growth rate in 2026 exceeding the cost growth in 2025.”
The META department head of the reality show lab, which developed virtual reality and augmented reality technology, reported $370 million in sales in the second quarter, with operating losses of $4.53 billion. The losses are smaller than Wall Street estimates, but so are expected sales.
Meta’s app household’s daily active staff grew to 3.48 billion in the second quarter, with analysts estimated at 3.45 billion. This is 3.43 billion in the previous quarter.
Meta’s total cost and expenses in the second quarter were $27.08 billion, up 12% year-on-year.
The company started in June invest AI is $14.3 billion, landing Alexandr Wang, CEO of the startup announced by the data, will co-start the new Meta Super Smart Lab as chief AI officer. CEO Mark Zuckerberg Developers’ reaction to their Llama 4 AI modelCNBC reported on Tuesday.
“We also made $15.1 billion in non-selling stock investments in the second quarter, including a few investments in our AI-scale and other investment activities,” said Susan Li, head of finance at the company, discussing the company’s AI-scale spending during the earnings call.
Zuckerberg provided Outline His opinion on “personal super-intelligence” in a letter posted Wednesday morning. Zuckerberg does not list any specific products or applications that express his vision, but says cutting-edge technology should be used for “personal empowerment” rather than automation and efficiency.
The chief executive expanded the company’s AI investment during the revenue call, saying “Super Intelligence makes people more creative, develop culture and community, connect with each other and lead a more fulfilling life.”
“Over the past few months, we’ve started to see glimpses of AI systems that are improving ourselves, and the progress is slow, but undeniable,” Zuckerberg said. “Developing superintelligence, which we define as AI, has surpassed human intelligence in various ways we think we’ve seen, and now we’ve seen it.”
The social media company said its total expenses in 2025 will be between $114 billion and $118 billion, bringing the low end of its previous outlook between $113 billion and $118 billion.
Meta’s net revenue in the second quarter rose 36% year-on-year to $18.34 billion.
The company did not offer outlook for fourth-quarter sales, but said it expects year-on-year growth in the quarter to be “slower than in the third quarter as we are stronger during the growth period in the fourth quarter of 2024.
Google Posted Strong quarterly earnings results Last week it was hopped on top and bottom lines.
Amazon and reddit Their second-quarter earnings will be reported Thursday.
Break Its latest quarterly earnings will be reported on Tuesday and then Pinterestit will report its financial status on Thursday.
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