---
schema_version: "secwatch.filing_event.v1"
accession: "0001326801-22-000105"
form_type: "8-K"
ticker: "META"
cik: "0001326801"
company_name: "Meta Platforms, Inc."
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T00:43:36.565485+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Q3 net income down 52% to $4.4B; revenue falls 4% YoY; Q4 guidance $30-32.5B

## Summary
- Revenue $27.7B (-4% YoY); net income $4.4B (-52%); diluted EPS $1.64 vs $3.22.
- Ad impressions +17% but avg price per ad -18%, indicating pricing pressure.
- Headcount 87,314 (+28%); FY2023 headcount expected roughly flat vs Q3 2022.
- FY2023 total expenses outlook $96-101B vs FY2022 $85-87B; capex $34-39B.
- Reality Labs operating losses expected to grow significantly YoY in 2023.

## SEC filing metadata
- accession: 0001326801-22-000105
- form_type: 8-K
- ticker: META
- cik: 0001326801
- company_name: Meta Platforms, Inc.
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326801/000132680122000105/0001326801-22-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326801/000132680122000105/meta-20221026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326801-22-000105
- JSON: https://secwatch.observer/filing/0001326801-22-000105.json
- Plain text: https://secwatch.observer/filing/0001326801-22-000105.txt

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