Meta Reports Fourth Quarter and Full Year 2025 Results
View original at finance.yahoo.com“Three Months Ended December 31, ... Revenue $ 59,893 $ 48,385 24 % $ 200,966 $ 164,501 22 %”
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Continue to monitor legal and regulatory headwinds in EU and US that could significantly impact business and financial results
80% confidenceLooking forward to advancing personal superintelligence for people around the world in 2026
80% confidence2026 capital expenditures expected to be in the range of $115-135 billion, driven by Meta Superintelligence Labs efforts
80% confidenceMajority of expense growth will be driven by infrastructure costs, including third-party cloud spend, higher depreciation, and higher infrastructure operating expenses
80% confidenceAbsent any changes to tax landscape, expect full year 2026 tax rate to be 13-16%
80% confidenceFirst quarter 2026 total revenue expected to be in the range of $53.5-56.5 billion
80% confidenceWe had strong business performance in 2025
80% confidenceFull year 2026 total expenses expected to be in the range of $162-169 billion
80% confidenceAbsent the valuation allowance charge as of enactment date, full year 2025 effective tax rate would have decreased by 17 percentage points to 13%
80% confidenceDespite meaningful step up in infrastructure investment, in 2026 we expect to deliver operating income that is above 2025 operating income
80% confidence
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