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Meta Platforms reported strong top-line growth but a sharp profit drop in Q3 2025. Revenue rose 26.2% year-over-year to $51.2 billion, while net income fell 82.7% to $2.7 billion, driven by a $15.9 billion one-time non-cash tax expense. For the first three quarters of 2025, total revenue increased 21.5% to $141.1 billion, while net income declined 9.2% to $37.7 billion.