---
schema_version: "secwatch.filing_event.v1"
accession: "0001326801-22-000079"
form_type: "8-K"
ticker: "META"
cik: "0001326801"
company_name: "Meta Platforms, Inc."
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:03:57.081539+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Meta Q2 revenue -1% to $28.8B, EPS $2.46 (-32% YoY); Q3 rev guide $26-28.5B; CFO transition Nov 2022

## Summary
- Revenue $28.822B (-1% YoY); net income $6.687B (-36% YoY); diluted EPS $2.46 (-32%).
- Ad impressions +15%, average price per ad -14% YoY; Facebook DAU 1.97B (+3%).
- Q3 revenue guidance $26-28.5B, below Q2; FY2022 expense guidance lowered to $85-88B.
- CFO David Wehner becomes Chief Strategy Officer Nov 1; Susan Li promoted to CFO.
- Share repurchases $5.08B in Q2; cash & securities $40.49B.

## SEC filing metadata
- accession: 0001326801-22-000079
- form_type: 8-K
- ticker: META
- cik: 0001326801
- company_name: Meta Platforms, Inc.
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326801/000132680122000079/0001326801-22-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326801/000132680122000079/fb-20220727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326801-22-000079
- JSON: https://secwatch.observer/filing/0001326801-22-000079.json
- Plain text: https://secwatch.observer/filing/0001326801-22-000079.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.