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Meta Platforms:Quarterly Results/2025 Q1: Difference between revisions
→Q1 2025 Meta Earnings Call Summary
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* Family of App's other revenue which rose 34% y/y to $510 million was driven by messaging revenue growth from WhatsApp business and payment for verified subscription. | * Family of App's other revenue which rose 34% y/y to $510 million was driven by messaging revenue growth from WhatsApp business and payment for verified subscription. | ||
* Li said they saw healthy growth in most verticals in Q1. However, they did see a year-over-year decline in gaming vertical (due to lapping of strong comps by China-based advertisers) and a sharp drop in politics vertical (due to end of US elections). | * Li said they saw healthy growth in most verticals in Q1. However, they did see a year-over-year decline in gaming vertical (due to lapping of strong comps by China-based advertisers) and a sharp drop in politics vertical (due to end of US elections). | ||
* Tax rate for the quarter was 9% . Meta recognized excess tax benefits due to appreciation in the share price. | |||
* G&A fell 34% y/y due to reduced legal-related costs. | |||
=== Family of Apps === | === Family of Apps === | ||