Second-quarter revenue came in at $60.8 billion versus $60.24 billion expected, while the company lifted the low end of its 2025 capital expenditure range from $125 billion.
Meta reported second-quarter revenue of $60.8 billion, beating expectations of $60.24 billion. The company also raised the low end of its full-year capital expenditure forecast to $130 billion from $125 billion, while keeping the top end unchanged at $145 billion. The higher spending outlook points to continued heavy investment in infrastructure, a key focus for large technology companies expanding capacity for artificial intelligence workloads and data centers.