Meta's financial results for the first quarter of 2025 show a significant increase in revenue compared to the same period last year. The company reported a total revenue of $45.6 billion, reflecting a 23% increase year-over-year. Additionally, the net income for the quarter stood at $11.2 billion, marking a substantial rise of 35% from the previous year.
In terms of user metrics, Meta's daily active users (DAUs) reached 2.9 billion on average for March 2025, indicating a 6% increase compared to the same period in 2024. Similarly, monthly active users (MAUs) also saw growth, reaching 3.5 billion by the end of the first quarter, up 7% year-over-year.
Advertising continues to be a significant source of revenue for Meta, with advertising revenue for the quarter totaling $43.3 billion, representing a 24% increase from the first quarter of the previous year.
Meta's capital expenditures for the first quarter amounted to $5.2 billion, reflecting the company's ongoing investments in data centers, servers, and network infrastructure to support its growing user base and technological advancements.
As Meta welcomes new members, Patrick Collison and Dina Powell McCormick, to its board of directors, the company aims to leverage their extensive experience to further support businesses and entrepreneurs, as well as navigate the evolving landscape of opportunities in the coming years. The market has reacted to these announcements by moving the company's shares -0.5% to a price of $543.57. For more information, read the company's full 8-K submission here.
