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Meta Platforms (META) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Meta Platforms (META) reported revenue of $51.2B for the third quarter 2025 (Q3 2025), +26% from a year earlier and +8% from the quarter before. Operating margin was 40.1%, net earnings $2.7B (5.3% of revenue).
Meta Platforms, Q3 2025: revenue $51.2B (+26% year over year), operating margin 40.1%, net earnings $2.7B, operating cash flow $30.0B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $51.2B | +8% | +26% |
| Operating profit | $20.5B | +0.5% | +18% |
| Net earnings | $2.7B | -85% | -83% |
| Operating cash flow | $30.0B | +17% | +21% |
| Free cash flow | $11.2B | +24% | -32% |
What changed
Revenue was $51.2B in Q3 2025, up 26% year over year and up 8% from the previous quarter. Family of Apps was the largest line at 99% of revenue. Family of Apps added $10.5B year over year (up 26%), 98% of the total change.
Operating profit was $20.5B, a 40.1% margin (down 2.7 points year over year). Of the extra revenue versus a year earlier, 30% reached operating profit, below the 43% margin then. Total costs grew 32% against revenue growth of 26%. The fastest-growing cost line was General & admin (+88%). Net earnings were $2.7B, down 83% year over year. The effective tax rate was 87.5%.
Operating cash flow was $30.0B (up 21% year over year), 1107% of net earnings. Non-cash charges added back $5.0B of depreciation and amortization and $5.6B of share-based compensation. Working capital and other items added $16.8B. Capital expenditures of $18.8B left free cash flow of $11.2B.
Questions
What was Meta Platforms' revenue in the third quarter 2025?
Meta Platforms (META) reported revenue of $51.2B for the third quarter 2025 (Q3 2025), +26% from a year earlier and +8% from the quarter before.
Was Meta Platforms profitable in the third quarter 2025?
Operating profit was $20.5B (40.1% of revenue) and net earnings $2.7B.
Source: Meta Platforms 10-Q on SEC EDGAR.