Meta Platforms reported fourth-quarter 2025 non-GAAP earnings of $8.88 per share, beating estimates by 8.16%. Revenues of $59.89 billion exceeded expectations by 2.22% and grew 23.8% year over year, with Family of Apps revenue up 24.6% to $58.94 billion and 3.58 billion daily active users.

Instagram Reels and Facebook video saw strong growth, with improved engagement and content quality. Advertising revenues increased 24.3% to $58.14 billion, accounting for 97.1% of total revenues. Ad impressions grew 18% year over year, driving revenue growth across regions.

Total costs and expenses rose 40.5% to $35.15 billion, impacting Q4 operating margin. Operating income was $24.75 billion, up 18.4% year over year. Cash & equivalents were $81.59 billion, with long-term debt at $58.74 billion. Capital expenditures were $22.14 billion, and free cash flow was $14.08 billion.

Meta Platforms expects Q1 2026 revenues of $53.5-$56.5 billion, with total expenses between $162-$169 billion for the year. Operating income is anticipated to surpass 2025 figures, with capital expenditure in the $115-$135 billion range. The company’s stock carries a Zacks Rank #3 (Hold).

The AI revolution is evolving beyond well-known tech giants like Meta Platforms. Little-known AI firms addressing major global challenges may offer more lucrative investment opportunities in the future. Companies like KLA, Sandisk, and MKS, with Zacks Rank #1 (Strong Buy), are set to report upcoming earnings.

Read more at Nasdaq: Meta Platforms’ Q4 Earnings and Revenues Surpass Estimates, Rise Y/Y