New Delhi: Meta posted record revenue in its latest quarterly earnings but saw profits tumble under a hefty tax bill. The company’s focus on expanding its artificial intelligence teams and infrastructure continues to shape its financial story. The report marks Meta’s first financial update since major layoffs in its AI division earlier this year.

The tech giant announced $51.24 billion in revenue for the third quarter of 2025, beating Wall Street estimates. However, earnings per share dropped sharply to $1.05, far below analysts’ expectations of $6.70, after a one-time non-cash income tax charge of $15.93 billion. Without the charge, Meta said EPS would have been $7.25.

Record revenue but profits crash after massive tax hit

Meta raises spending outlook for 2025

The company increased i

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