Meta Platforms, Inc. (NASDAQ: META), the parent of social media giant Facebook, on Wednesday announced financial results for the third quarter of fiscal 2025.
September-quarter revenue was $51.2 billion, compared to $40.59 billion in the comparable quarter a year earlier. The top line exceeded Wall Street’s expectations.
Third-quarter net income dropped to $2.71 billion or $1.05 per share from $15.7 billion or $6.03 per share in the prior-year quarter. Family daily active people (DAP) was 3.54 billion on average for September 2025, an increase of 8% YoY.
“We had a strong quarter for our business and our community. Meta Superintelligence Labs is off to a great start, and we continue to lead the industry in AI glasses. If we deliver even a fraction of the opportunity ahead, then the next few years will be the most exciting period in our history,” said Mark Zuckerberg, Meta founder and CEO.