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Meta reported third-quarter 2025 revenue growth while profit and free cash flow declined due to higher AI investment and legal settlements

Other Provisional 72% confidence first seen

Meta reported third-quarter revenue of $64.6 billion, up 26% year over year, but operating income fell 37% and free cash flow turned negative after legal payments and increased AI-related spending. The company also raised capital expenditure, including expectations for substantially higher 2026 capex guidance tied to its AI buildout.

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Source coverage

Meta to create a new class of shares to fund AI push The Verge independent Meta’s revenue surges 26% to $64.6 billion, but billions in settlements and skyrocketing AI spending turn screws on profit, free cash flow Fortune independent Meta’s Revenue Jumps 26 Percent, but A.I. Spending Eats Into Cash Flow Trending Topics independent

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