Meta reports Q4 revenue up 24% YoY to $59.9B, vs. $58.35B est., net income up 9% to $22.8B, and family DAP up 7% to 3.58B for December; META up 9%+ after hours
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2025.
Meta
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- just plugging this again, in case everyone forgets about it. 24% yoy topline growth and remains the cheapest mag7 @documentingmeta
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Discussion
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@jackclarksf
Jack Clark
on x
@MikeIsaac Facebook published a cool paper over Christmas on how they are using AI to optimize kernels and use this to improve 100s of models which serve billions of people a day. So I think AI is also just delivering lots of broad efficiency gains for them as well https://import…
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@munster_gene
Gene Munster
on x
$META says engagement is growing (up 6.9% yy) to 3.5B people because AI is making the content more relevant. Example of AI utility.
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@thetranscript_
@thetranscript_
on x
$META CEO: “Our business performed very well thanks to record-breaking holiday demand and AI-driven performance gains. We are now seeing a major AI acceleration. I expect 2026 to be a year where this wave accelerates even further on several fronts.”
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@mikeisaac
Rat King
on x
also as expected, hammering the point that AI is helping their recommendations systems which means better targeted ads “Our world class recs systems are already driving meaningful growth...but we think our current systems are primitive compared to what's to come” — MZ
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@mikeisaac
Rat King
on x
MZ setting expectations for the coming model releases... “I expect our first models will be good but more importantly will show the rapid trajectory we're on.” — zuckerberg
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@neilksethi
Neil Sethi
on x
Gain is also despite the Reality Labs unit recording an operating loss of $6.02 billion on $955 million in sales. Analysts were expecting Reality Labs to record an operating loss of $5.67 billion on $940.8 million in fourth-quarter revenue. Reality Labs now has over $75 billion
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@munster_gene
Gene Munster
on x
First take on $MSFT, $META and $TSLA earnings. Bottom line: AI trade continues to be in a great place (despite MSFT down 6% in after-hours) All that matters is $META suggests CY26 Capex could be up as much as 85% in over CY25. Previously the Street was expecting a 57% increase.
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@thetranscript_
@thetranscript_
on x
$META CFO: “We anticipate 2026 capex, including principal payments on finance leases, to be in the range of $115-135B with Y/Y growth driven by increased investment to support our Meta Superintelligence Labs efforts and core business” [image]
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@mikeisaac
Rat King
on x
meta expects to nearly *double* its capital expenditures spending in 2026 — from 72billion in 2025 to an estimated $115 to $135 billion in 2026 AI!
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@_josenajarro
Jose Najarro Stocks
on x
$META $NVDA CRAZY CAPEX!! We anticipate 2026 capital expenditures, including principal payments on finance leases, to be in the range of $115-135 billion, with year-over-year growth driven by increased investment to support our Meta Superintelligence Labs efforts and core [image]
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@valuesense_io
@valuesense_io
on x
Meta smashed earnings! $META Earnings Review: - EPS $8.88 VS. $8.02 Y/Y - REVENUE $59.89B, EST. $58.42B - SEES 1Q REVENUE $53.5B TO $56.5B, EST. $51.27B [image]
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@firstadopter
Tae Kim
on x
Meta raised 2026 capex guide to $115-135 billion versus $111 billion Wall Street estimate. Obviously, this is bullish for Nvidia.
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@supbagholder
@supbagholder
on x
$META +6% as investors are realizing AI capex is a good thing when it increases topline growth. [image]
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@mikeisaac
Rat King
on x
okay my guess is the stock is not getting battered b/c investors like this slide ARPU rocketed up over one quarter. AI ad targeting etc etc [image]
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@richlightshed
@richlightshed
on x
$META revenue growth accelerating into 2026 - company guide suggests they could hit 30% growth excluding currency tailwinds in Q1 2026 Would be first time Meta hit 30%+ revenue growth since Q3 2021 🤯🤯🤯 Reminder revenue basis is now over $200 billion annually [image]
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@mikeisaac
Rat King
on x
my guess is this earnings call is going to be an hour of telling investors “actually it's good we're spending like a drunken sailor b/c AI helps core business” all while the c-suite is staring at the stock price
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@conorsen
Conor Sen
on x
Over the past 21 months $META's expected 12m capex has increased from $35 billion to $125 billion.
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@hedgeyecomm
@hedgeyecomm
on x
$META Q1 guide 26.4 - 33.5%... Even with 4% currency tailwind... Woah.
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@rihardjarc
Rihard Jarc
on x
So Zuck finally put out the CapEx numbers now we can move on. $META sees 2026 CapEx $115B-$135B (estimates were $110B).
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@amitisinvesting
Amit
on x
$META GUIDING $115B-$135B OF CAPEX AHEAD OF $110B ESTIMATES OH MY GOODNESS
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r/technology
r
on reddit
Meta's Reality Labs posts $6.02 billion loss in fourth quarter / Reality Labs now has over $75 billion in total operating losses since late 2020
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@munster_gene
Gene Munster
on x
$META fun fact. Meta is beating the law of large numbers. The high end of their guide implies 33% revenue growth in March, compared to 24% just reported. If they hit it, it would be the highest growth since Sep of 2021. Since then the business is about twice as big. $29B in
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@mikeisaac
Rat King
on x
analyst: “hey how is your AI Lab goin, please tell me more granular detail” MZ: “No ❤️”
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@hedgeyecomm
@hedgeyecomm
on x
$META Mark Zuckerberg... “The facts that agents are really starting to work now is quite profound...” Yup!
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@hernanlopez
Hernan Lopez
on x
@Meta made $201B in 2025. Here's why that matters to @netflix and other streamers. Meta's vertical video ecosystem now monetizes time spent as effectively as Netflix, the gold standard in premium streaming. In the US, Meta actually enjoys higher Revenue Per Thousand Hours [image]
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@munster_gene
Gene Munster
on x
Zuck kicks off the call starting talking about wearables (surprises me) and this will be the year where AI changes the way we work. $META
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@zastocks
@zastocks
on x
Imagine if there was a company positioned to win big in AI who had 3.6 billion daily active users, almost $250B in yearly revenue growing 25%, almost $50B in free cash flow, and a 41 year old Mount Rushmore founder CEO. Oh that's $META.
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@munster_gene
Gene Munster
on x
$META Revenue up 24%, ahead of the Street at 22%, compared to 26% in September. The engagement - ad flywheel continues to work. Driving the ad number, grew DAU's by 6.9% vs. 7.6% in September and 6.4% in June and 5.9% in March, 5% in Dec 24 and 4.8% in Sep 24. Latest evidence
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@qcapital2020
@qcapital2020
on x
$META friendly reminder that ex Reality Labs , the Ad business is a 60% operating margin biz with a $200B top line lol [image]
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@supbagholder
@supbagholder
on x
$META came in at the high end of estimates, grew 24% yoy topline and remains the cheapest mag7 Very happy
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@munster_gene
Gene Munster
on x
Final thought on $META. The topic of adding subscriptions to all of the apps has been rumored for years and appears to be gaining momentum. This could be a swing factor tonight.
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@zerohedge
@zerohedge
on x
At the high end of its capex forecast ($135BN), META free cash flow in 2026 will be $0 [image]
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@benitoz
Ben Pouladian
on x
Meta just guided $115-135B in 2026 CapEx nearly 2x 2025 CFO: “Doubled GPUs to train Gem model. Sequence learning drove 3.5% FB ad lift.” AI spend is WORKING. Hyperscalers keep buying $NVDA demand thesis keeps getting stronger $meta [video]
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@amitisinvesting
Amit
on x
$META...Mark Zuckerberg: “I'm looking forward to advancing personal superintelligence for people around the world in 2026.”
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@hedgeyecomm
@hedgeyecomm
on x
I'm sorry but Capex and Opex guide should be an after thought on this type of revenue growth... $META They guided total expenses $12-19B higher than consensus... And quick math on implied 2026 assuming 32% Q1 revenue YoY... That is $17B of revenue higher than consensus...
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@aleabitoreddit
Serenity
on x
Btw this $META call at $625 was only 2 weeks ago. 🎯 Hope it goes up even more over the next few weeks, capex spend was overblown since they're printing money and growing at astounding rates. [image]
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@hedgeyecomm
@hedgeyecomm
on x
Higher capex and opex... doesn't matter given the revenue upside!
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@thetranscript_
@thetranscript_
on x
$META CEO: Reality Labs losses expected to peak this year: “I expect Reality Labs losses this year to be similar to last year, and this will likely be the peak as we start to gradually reduce our losses going forward while continuing to execute on our vision as we plan.” [image]