---
schema_version: "secwatch.filing_event.v1"
accession: "0001326801-23-000089"
form_type: "8-K"
ticker: "META"
cik: "0001326801"
company_name: "Meta Platforms, Inc."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:15:08.350413+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Meta Q2 revenue $32B (+11% YoY), EPS $2.98 (+21%); Q3 rev guidance $32-34.5B

## Summary
- Revenue $31.99B (+11% YoY, +12% constant currency); net income $7.79B (+16%); diluted EPS $2.98 (+21%).
- Ad impressions +34% YoY; average price per ad -16%; Family DAP 3.07B (+7%).
- Q3 revenue guidance $32-34.5B; FY2023 expense guidance raised to $88-91B; CapEx guidance lowered to $27-30B.
- Headcount 71,469 (-14% YoY); restructuring costs $1.92B in H1; Reality Labs losses to increase meaningfully.
- Share repurchases $793M; free cash flow $10.96B; cash and securities $53.45B.

## SEC filing metadata
- accession: 0001326801-23-000089
- form_type: 8-K
- ticker: META
- cik: 0001326801
- company_name: Meta Platforms, Inc.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1326801/000132680123000089/0001326801-23-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326801/000132680123000089/meta-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326801-23-000089
- JSON: https://secwatch.observer/filing/0001326801-23-000089.json
- Plain text: https://secwatch.observer/filing/0001326801-23-000089.txt

## Key facts
- Earnings Releases
  Meta Platforms, Inc. reported the quarter ended June 30, 2023 results: revenue $31,999, net income $7,788, EPS $2.98.
  - Period: the quarter ended June 30, 2023
  - Revenue: $31,999
  - Net income: $7,788
  - EPS: $2.98
  - Result: reported results
  source text: Meta founder and CEO. Second Quarter 2023 Financial Highlights Three Months Ended June 30, In millions, except percentages and per share amounts 2023 2022 % Change Revenue $ 31,999 $ 28,822 11% Costs and expenses 22,607 20,464 10% Income from operations $ 9,392 $ 8,358 12% Operating margin 29 % 29 % Provision for income taxes $ 1,505 $ 1,499 —% Effective tax
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326801/000132680123000089/0001326801-23-000089-index.htm

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