Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come with a hefty price tag.

In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, buoyed by growing ad revenue even as its expenses increased.

Meta reported $47.52 billion in revenue for the second quarter of 2025, reflecting a 22% year-over-year increase. This growth remained consistent across both reported and constant currency metrics, reinforcing the platform’s global momentum. The rise in revenue coincided with a 9% increase in average ad pricing, indicating strong demand.