In 2024, the company's "GenAI" budget was over $900 million, and this year, it could exceed $1 billion, according to the documents. That's not including the infrastructure needed to run and train AI models. Meta previously said it plans to spend $60 billion to $80 billion on capital expenditures in 2025, primarily on expansive new data centers. Those budgets might have been higher had they included deals to license books from the authors suing Meta. For instance, Meta discussed in 2023 spending upwards of $ ...

Meta expects a big hit to its business as early as Q3 from running afoul of the EU for its subscription, no-ads business model in Europe. Meta said it expects to modify this business model as it appeals the EU's decision. CEO Mark Zuckerberg said its AI software engineer is on track to come online this year and scale in 2026. Meta CEO Mark Zuckerberg said Wednesday (April 30) that the social media giant will increase its spending for artificial intelligence (AI) data centers this year as it embeds the techn ...

The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!Meta Platforms, Inc. (NASDAQ: META ) reported very strong Q1 earnings results on Wednesday afternoon. At the same time, the company has gotten considerably cheaper during ...

Meta Platforms (META) came out with quarterly earnings of $6.43 per share, beating the Zacks Consensus Estimate of $5.22 per share. This compares to earnings of $4.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.18%. A quarter ago, it was expected that this social media company would post earnings of $6.68 per share when it actually produced earnings of $8.02, delivering a surprise of 20.06%.Over the last four quarters, ...

Meta Platforms, Inc. (NASDAQ: META ) just released its earnings for the fiscal first quarter of 2025. The release beat widely on both revenue and EPS. Investors reacted with jubilationAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have n ...

Financial Data and Key Metrics Changes - Q1 total revenue was $42.3 billion, up 16% year over year, or 19% on a constant currency basis [21] - Q1 total expenses were $24.8 billion, up 9% compared to last year [21] - Operating income for Q1 was $17.6 billion, representing a 41% operating margin [21] - Free cash flow was $10.3 billion, with $70.2 billion in cash and marketable securities at the end of the quarter [21][22] Business Line Data and Key Metrics Changes - Family of Apps revenue was $41.9 billion, up 16% year over year [24] - Family of Apps ad revenue was $41.4 billion, up 16% or 20% on a constant currency basis [24] - Reality Labs revenue was $412 million, down 6% year over year due to lower Meta Quest sales [28] Market Data and Key Metrics Changes - Ad revenue growth was strongest in the Rest of World and North America at 19% and 18% respectively [25] - Total number of ad impressions served increased by 5%, with an average price per ad increasing by 10% [25] Company Strategy and Development Direction - The company is focusing on five major opportunities: improved advertising, more engaging experiences, business messaging, Meta AI, and AI devices [6][16] - Investments are being directed towards enhancing AI capabilities and infrastructure to support these opportunities [19][40] - The company aims to integrate AI into its advertising and recommendation systems to improve user engagement and monetization efficiency [30][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macroeconomic uncertainty and highlighted the transformative impact of AI on the business [5][20] - The company anticipates continued strong growth in video consumption across its platforms, particularly in the US [29] - Future revenue guidance for Q2 2025 is projected to be between $42.5 billion and $45.5 billion [43] Other Important Information - The company repurchased $13.4 billion of Class A common stock and paid $1.3 billion in dividends [21] - The company is facing regulatory challenges in the EU that could impact its business model and revenue [45] Q&A Session Summary Question: Can you discuss advancements in LAMA and Meta AI usage? - Management highlighted the importance of controlling LAMA's development for optimized infrastructure and use cases, with a focus on low latency and personalized experiences [51][54] - Meta AI is primarily used for information gathering and social interactions, with WhatsApp seeing the strongest engagement [57] Question: How will the standalone Meta AI app evolve? - The standalone app is expected to provide faster access and a more built-out feature set, particularly important in the US market [62] Question: What is the outlook for CapEx and infrastructure spending? - The increased CapEx reflects both data center investments and higher hardware costs due to global supply chain uncertainties [75] Question: How is the company addressing AI capacity constraints? - Management is working to alleviate capacity constraints by accelerating data center space online and increasing workload efficiency [86] Question: What is the company's strategy for WhatsApp for business adoption? - The company is testing business AIs with small businesses to enhance sales capabilities, aiming for broader adoption in higher labor cost markets [91]

Mark Zuckerberg’s Meta Platforms beat Wall Street estimates for first-quarter revenue on Wednesday, signaling that its artificial intelligence-powered tools helped pull in advertising dollars despite tariff-related economic growth fears.Shares of the company were up nearly 3% in extended trading.The social media company reported revenue of $42.31 billion for the first quarter, compared with analysts’ average estimate of $41.40 billion, according to data compiled by LSEG.Mark Zuckerberg’s Meta reported reven ...

Social media giant Meta Platforms posted better-than-expected numbers in the first quarter, with revenue surging 16% from a year ago to reach $42.3 billion, lifting shares in after-hours trading. The results showed advertising dollars continuing to fill Meta’s coffers despite significant macroeconomic uncertainty. Shares in Meta climbed 4% after hours. They have slumped 6% in 2025. Earnings per share came in at $6.43, well above Wall Street analysts’ consensus expectation for $5.22. The Street had set the ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Meta Reports First Quarter 2025 Results First Quarter 2025 Operational and Other Financial Highlights ____________________________________ MENLO PARK, Calif. – April 30, 2025 – Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025. (1) For more information on our free cash flow non-GAAP financial measure, see the sections entitled "Non-GAAP Financial Measures" and "Reconciliation of GAAP to Non-GAAP Results" in this press release. 1 • Family daily active p ...