Meta Reports 27% YoY Revenue Growth in Q1, Advertising Recovery Outpaces Expectations
• Meta Platforms reported Q1 revenue of $39.1 billion, growing 27% year-over-year and substantially exceeding Wall Street consensus estimates, driven by robust advertising demand and improved cost management. • Average revenue per user (ARPU) in the United States increased 18% year-over-year to $54.62, reflecting higher-value ad inventory and refined targeting capabilities powered by artificial intelligence. • The company guided Q2 revenue at $37-39.5 billion, cautioning of seasonal moderation, though full-year guidance remains constructive and suggests sustained advertiser confidence despite macro uncertainty.
ft.com


