Filing Flows › Meta Platforms (META) › Q2 2025
Meta Platforms (META) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Meta Platforms (META) reported revenue of $47.5B for the second quarter 2025 (Q2 2025), +22% from a year earlier and +12% from the quarter before. Operating margin was 43.0%, net earnings $18.3B (38.6% of revenue).
Meta Platforms, Q2 2025: revenue $47.5B (+22% year over year), operating margin 43.0%, net earnings $18.3B, operating cash flow $25.6B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.5B | +12% | +22% |
| Operating profit | $20.4B | +16% | +38% |
| Net earnings | $18.3B | +10% | +36% |
| Operating cash flow | $25.6B | +6% | +32% |
| Free cash flow | $9.0B | -19% | -19% |
What changed
Revenue was $47.5B in Q2 2025, up 22% year over year and up 12% from the previous quarter. Family of Apps was the largest line at 99% of revenue. Family of Apps added $8.4B year over year (up 22%), 100% of the total change.
Operating profit was $20.4B, a 43.0% margin (up 5.0 points year over year). Of the extra revenue versus a year earlier, 66% reached operating profit, above the 38% margin then. Total costs grew 12% against revenue growth of 22%. The fastest-growing cost line was Research & development (+23%). Net earnings were $18.3B, up 36% year over year. The effective tax rate was 10.7%.
Operating cash flow was $25.6B (up 32% year over year), 139% of net earnings. Non-cash charges added back $4.3B of depreciation and amortization and $4.8B of share-based compensation. Working capital and other items used $2.0B. Capital expenditures of $16.5B left free cash flow of $9.0B.
Questions
What was Meta Platforms' revenue in the second quarter 2025?
Meta Platforms (META) reported revenue of $47.5B for the second quarter 2025 (Q2 2025), +22% from a year earlier and +12% from the quarter before.
Was Meta Platforms profitable in the second quarter 2025?
Operating profit was $20.4B (43.0% of revenue) and net earnings $18.3B.
Source: Meta Platforms 10-Q on SEC EDGAR.