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Android Central
Android Central
Technology
Nandika Ravi

Meta's Q2 earnings continue to soar as AI fuels its ad revenue

The Meta sign at the company campus at 1 Hacker Way.

What you need to know

  • Meta's Q2 revenue soared by 22% year-over-year to $47.52 billion, significantly exceeding expectations, driven largely by a 21% increase in AI-powered digital advertising revenue.
  • CEO Mark Zuckerberg highlighted the company's chase for "personal super intelligence," backed by substantial investments in AI infrastructure.
  • Despite continued losses in Reality Labs, strong sales of Ray-Ban Meta Smart Glasses and Meta Quest headsets brought in $370 million in revenue, 5% more than the $353 million of Q2 2024.
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