secwatch.observer — SEC 8-K summary
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Issuer:     Meta Platforms, Inc. (META)
CIK:        0001326801
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001628280-25-047114
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meta Q3 revenue $51.2B (+26% YoY); adjusted EPS $7.25 vs $6.03, but reported EPS hit by $15.9B tax charge
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- Revenue $51.2B (+26% YoY); operating income $20.5B (+18%); ad impressions +14%, avg price +10%.
- Reported net income $2.7B ($1.05 EPS) down 83% YoY due to $15.9B non-cash tax valuation allowance from new U.S. tax law.
- Excluding one-time tax charge, adjusted net income $18.6B and adjusted EPS $7.25, up from $6.03 YoY.
- Family daily active people 3.54B (+8% YoY); capital expenditures $19.4B; free cash flow $10.6B.
- Headcount 78,450 (+8% YoY); returned $4.5B to shareholders via buybacks and dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326801/000162828025047114/0001628280-25-047114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326801/000162828025047114/meta-20251029.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-047114

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer