Meta’s Second-Quarter Revenue Exceeds Expectations, Likely to Support Major Investments in AI

According to Jinse Finance, Meta Platforms (META.O) reported second-quarter revenue that exceeded expectations, with its outlook for the current period also surpassing forecasts. This indicates that the social media company’s advertising business continues to grow rapidly, providing strong support for its significant investments in artificial intelligence. Following the earnings release, Meta’s shares surged as much as 10% in after-hours trading. Meta expects its third-quarter revenue to reach between $47.5 billion and $50.5 billion. Additionally, Meta has raised the lower end of its capital expenditure forecast range for fiscal year 2025, as the company continues to increase investments in talent, infrastructure, data centers, and energy to remain competitive in the fast-evolving AI race. Meta now expects full-year capital expenditures to be between $66 billion and $72 billion, up from the previous estimate of $64 billion to $72 billion. For Q2 2025, Meta Platforms (META.O) reported revenue of $47.52 billion, compared to $39.07 billion in the same period last year, with market expectations at $44.764 billion.