So here is your quick preview of some of the things you should be listening for.
Despite the Cambridge Analytica data disaster back in March, the stock is up over 19% year-to-date. But the company did make changes to its platform so pay attention to the advertising revenue numbers.
And of course Europe's General Data Protection Regulations were implemented in the second quarter, so investors will be waiting to see if they had any sort of impact on Facebook's business.
We will be covering the numbers wall-to-wall so stay with is all day. But watch the video above for a quick preview of one of Cramer's AAP Portfolio holdings.
For more coverage of Facebook's earnings, be sure to check out these links: