{"id":249044,"date":"2025-10-30T01:07:10","date_gmt":"2025-10-30T01:07:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/249044\/"},"modified":"2025-10-30T01:07:10","modified_gmt":"2025-10-30T01:07:10","slug":"meta-earnings-recap-stock-falls-9-on-eps-miss-tax-charge","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/249044\/","title":{"rendered":"Meta Earnings Recap: Stock Falls 9% on EPS Miss, Tax Charge"},"content":{"rendered":"

Mark Zuckerberg explained Meta’s plan to spend more than ever on AI after the company announced earnings that were dragged down by a $15.9 billion tax charge<\/a>.<\/p>\n

The social media giant and AI hyperscaler reported revenue of $51.24 billion, beating Wall Street’s estimates of $49.5 billion. Earnings per share came in at $6.03, compared to estimates for $6.72. The stock fell more than 9% in after-hours trading.<\/p>\n

Meta said that its AI infrastructure spending will continue to rise, and that 2026 cap-ex will be “notably larger” than 2025.<\/p>\n

On a call with analysts, Zuckerberg said that a “significantly larger investment” in compute is “very likely to be a profitable thing.” In the “very worst case,” he said, Meta will have pre-built capacity and will absorb the depreciation costs.<\/p>\n

Much of the call was spent discussing Meta’s superintelligence lab \u2014 for which the company spent heavily to recruit talent<\/a> \u2014 and its ability to monetize. Zuckerberg said that the lab’s research enabled “new technological capabilities” that improved the company’s products.<\/p>\n

Meta CFO Susan Li said that a number of “youth-related trials”<\/a> slated for 2026 could also result in “a material loss.” She also walked through the one-time $15.9 billion tax charge and said Meta expected its taxes to decrease in future years due to the Trump’s Big Beautiful Bill Act.<\/p>\n

Catch up on the play-by-play from Meta’s Q3 earnings call with analysts below:<\/p>\n","protected":false},"excerpt":{"rendered":"Mark Zuckerberg explained Meta’s plan to spend more than ever on AI after the company announced earnings that…\n","protected":false},"author":2,"featured_media":249045,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,3464,276,277,49,8346,48,2539,16222,116373,2746,281,116374,24358,7481,116375,116372,116371,116370,61],"class_list":["post-249044","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-analyst","tag-artificial-intelligence","tag-artificialintelligence","tag-ca","tag-call","tag-canada","tag-company","tag-earning","tag-estimate","tag-mark-zuckerberg","tag-meta","tag-meta-cfo-susan-li","tag-plan","tag-product","tag-q3-earning-call","tag-stock-falls","tag-superintelligence-lab","tag-tax-charge","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/249044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=249044"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/249044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/249045"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=249044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=249044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=249044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}