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META · Meta Platforms, Inc. · Financials

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$694.25 -11.19 (-1.59%) At close · Oct 20 Earnings today
Market Cap
$1.80T
Shares
2.55B
Volume · Oct 20 17.05M Avg daily vol (3M) 18.82M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$200.97B +22.2%
FY2025 Revenue FY2010–FY2025
Net Income
$60.46B -3.1%
FY2025 Net Income FY2010–FY2025
Gross Margin
82% +0.3pp
FY2025 Gross Margin FY2010–FY2025
Operating Margin
41.44% -0.7pp
FY2025 Operating Margin FY2010–FY2025
Diluted EPS
$23.49 -1.6%
FY2025 Diluted EPS FY2010–FY2025
Operating Cash Flow
$115.8B +26.8%
FY2025 Operating Cash Flow FY2010–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
$61B – $64B $228.25B $200.97B $164.5B $134.9B $116.61B $117.93B $85.97B $70.7B $55.84B $40.65B $27.64B $17.93B $12.47B $7.87B $5.09B $3.71B $1.97B
— $41.66B $36.18B $30.16B $25.96B $25.25B $22.65B $16.69B $12.77B $9.36B $5.45B $3.79B $2.87B $2.15B $1.88B $1.36B $860M $493M
— $186.59B $164.79B $134.34B $108.94B $91.36B $95.28B $69.27B $57.93B $46.48B $35.2B $23.85B $15.06B $10.31B $6B $3.73B $2.85B $1.48B
— — 82% 81.67% 80.76% 78.35% 80.79% 80.58% 81.94% 83.25% 86.58% 86.29% 84.01% 82.73% 76.18% 73.2% 76.83% 75.03%
— $71.64B $57.37B $43.87B $38.48B $35.34B $24.66B $18.45B $13.6B $10.27B $7.75B $5.92B $4.82B $2.67B $1.42B $1.4B $388M $144M
— $12.59B $11.99B $11.35B $12.3B $15.26B $14.04B $11.59B $9.88B $7.85B $4.73B $3.77B $2.73B $1.68B $997M $896M $393M $167M
— $15.43B $12.15B $9.74B $11.41B $11.82B $9.83B $6.56B $10.47B $3.45B $2.52B $1.73B $1.3B $973M $781M $892M $314M $138M
— — $615M $211M $161M $185M $407M $473M $562M $640M $692M $751M $730M $319M $145M $78M $20M $9M
— $22.73B $18.62B $15.5B $11.18B $8.69B $7.97B $6.86B $5.74B $4.32B $3.03B $2.34B $1.95B $1.24B $1.01B $649M $323M $139M
— $141.32B $117.69B $95.12B $88.15B $87.67B $71.18B $53.29B $46.71B $30.93B $20.45B $15.21B $11.7B $7.47B $5.07B $4.55B $1.96B $942M
— $86.93B $83.28B $69.38B $46.75B $28.94B $46.75B $32.67B $23.99B $24.91B $20.2B $12.43B $6.23B $4.99B $2.8B $538M $1.76B $1.03B
— — 41.44% 42.18% 34.66% 24.82% 39.65% 38.01% 33.93% 44.62% 49.7% 44.96% 34.72% 40.06% 35.62% 10.57% 47.32% 52.28%
— $109.66B $101.89B $84.88B $57.93B $37.63B $54.72B $39.53B $29.73B $29.23B $23.23B $14.77B $8.17B $6.24B $3.82B $1.19B $2.08B $1.17B
— — $1.17B $715M $446M $185M $23M — $20M $9M $6M $10M $23M $23M $56M $51M $42M $22M
— — $2.12B $2.52B $1.64B $461M $484M — $924M $661M $398M $176M $52M $27M $19M $14M — —
— $597M $2.66B $1.28B $677M -$125M $531M $509M $826M $448M $391M $91M -$31M -$84M -$50M -$44M -$19M -$2M
— $87.52B $85.93B $70.66B $47.43B $28.82B $47.28B $33.18B $24.81B $25.36B $20.59B $12.52B $6.19B $4.91B $2.75B $494M $1.7B $1.01B
— $19.43B $25.47B $8.3B $8.33B $5.62B $7.91B $4.03B $6.33B $3.25B $4.66B $2.3B $2.51B $1.97B $1.25B $441M $695M $402M
— $68.1B $60.46B $62.36B $39.1B $23.2B $39.37B $29.15B $18.49B $22.11B $15.93B $10.22B $3.69B $2.94B $1.5B $53M $1B $606M
— — 30.08% 37.91% 28.98% 19.9% 33.38% 33.9% 26.15% 39.6% 39.2% 36.97% 20.57% 23.58% 19.05% 1.04% 26.95% 30.7%
— — — — — — — $29.15B $18.49B $22.11B $15.92B $10.19B $3.67B $2.93B $1.49B $32M $668M $372M
— $67.27B $63.83B $61.42B $40.47B $20.36B $37.75B $30.56B $18.76B $21.61B $16.41B $9.97B $3.46B $2.7B $1.51B $61M $1B $600M
USD/shares — $26.91 $23.98 $24.61 $15.19 $8.63 $13.99 $10.22 $6.48 $7.65 $5.49 $3.56 $1.31 $1.12 $0.62 $0.02 $0.52 $0.34
USD/shares — $26.54 $23.49 $23.86 $14.87 $8.59 $13.77 $10.09 $6.43 $7.57 $5.39 $3.49 $1.29 $1.10 $0.60 $0.01 $0.46 $0.28
shares — — 2.52B 2.53B 2.57B 2.69B 2.82B 2.85B 2.85B 2.89B 2.9B 2.86B 2.8B 2.61B 2.42B 2.01B 1.29B 1.11B
shares — — 2.57B 2.61B 2.63B 2.7B 2.86B 2.89B 2.88B 2.92B 2.96B 2.93B 2.85B 2.66B 2.52B 2.17B 1.51B 1.41B
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2015–FY2025: $173.97B in buybacks, $10.4B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Latest reported total
USD 58,740,000,000
As of Dec 31, 2025
Tracked instruments
1
Loans, facilities and note series
Annual baseline
Dec 31, 2025
Latest approved annual total
Reported total debt history
As of Reported label Amount Source
2025-12-31 Long-term debt USD 58,740,000,000 10-K filed 2026-01-29
Long-term debt was $58.74 billion as of December 31, 2025.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current operating lease liabilities 2026-06-30 USD 2,425,000,000 10-Q filed 2026-07-30
Long-term debt, including current maturities 2026-06-30 USD 83,664,000,000 10-Q filed 2026-07-30
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Noncurrent debt carrying amount
USD 83,664,000,000
Noncurrent operating lease liabilities 2026-06-30 USD 26,229,000,000 10-Q filed 2026-07-30
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
3 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

4.550% Senior Notes due 2031

Note · Meta Platforms, Inc.

Reference: 4.550% Senior Notes due 2031

Active
Original principal
USD 3,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 4.55% Reported 2026-05-04 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-05-04 Original principal USD 3,000,000,000 Exact source document Parent 8-K filing · 2026-05-04
    On May 4, 2026, Meta Platforms, Inc. (the “Company”) completed an offering of $3,000,000,000 aggregate principal amount of its 4.550% Senior Notes due 2031 (the “2031 Notes”)
    Issuer evidence: On May 4, 2026, Meta Platforms, Inc. (the “Company”) completed an offering of $3,000,000,000 aggregate principal amount of its 4.550% Senior Notes due 2031 (the “2031 Notes”), $2,000,000,000 aggregate principal amount of its 4.875% Senior Notes due 2033 (the “2033 Notes”), $6,000,000,000 aggregate principal amount of its 5.250% Senior Notes due 2036 (the “2036 Notes”), $4,000,000,000 aggregate principal amount of its 6.200% Senior Notes due 2046 (the “2046 Notes”), $6,000,000,000 aggregate principal amount of its 6.300% Senior Notes due 2056 (the “2056 Notes”), and $4,000,000,000 aggregate principal amount of its 6.450% Senior Notes due 2066 (the “2066 Notes” and, together with the 2031 Notes, the 2033 Notes, the 2036 Notes, the 2046 Notes, and the 2056 Notes, the “Notes”).
    Supporting evidence: On May 4, 2026, Meta Platforms, Inc. (the “Company”) completed an offering of $3,000,000,000 aggregate principal amount of its 4.550% Senior Notes due 2031 (the “2031 Notes”), $2,000,000,000 aggregate principal amount of its 4.875% Senior Notes due 2033 (the “2033 Notes”), $6,000,000,000 aggregate principal amount of its 5.250% Senior Notes due 2036 (the “2036 Notes”), $4,000,000,000 aggregate principal amount of its 6.200% Senior Notes due 2046 (the “2046 Notes”), $6,000,000,000 aggregate principal amount of its 6.300% Senior Notes due 2056 (the “2056 Notes”), and $4,000,000,000 aggregate principal amount of its 6.450% Senior Notes due 2066 (the “2066 Notes” and, together with the 2031 Notes, the 2033 Notes, the 2036 Notes, the 2046 Notes, and the 2056 Notes, the “Notes”).
    Supporting evidence: On May 4, 2026, Meta Platforms, Inc. (the “Company”) completed an offering of $3,000,000,000 aggregate principal amount of its 4.550% Senior Notes due 2031 (the “2031 Notes”)

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
7.84×
Internet Content & Information median 1.22×
EV/EBIT
20.60×
Internet Content & Information median 13.40×
P/E (TTM)
26.58×
Internet Content & Information median 13.55×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Family of Apps $198,759,000,000 $162,355,000,000 $133,006,000,000 $114,450,000,000 $115,655,000,000 $84,826,000,000 $70,196,000,000
Reality Labs $2,207,000,000 $2,146,000,000 $1,896,000,000 $2,159,000,000 $2,274,000,000 $1,139,000,000 $501,000,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
US Canada $78,866,000,000 $63,207,000,000 $52,888,000,000 $50,150,000,000 $51,541,000,000 $38,433,000,000 $32,206,000,000 $25,727,000,000
United States $74,780,000,000 $59,730,000,000 $49,780,000,000 $47,200,000,000 $48,380,000,000 $36,250,000,000 $30,230,000,000 $24,100,000,000
Asia Pacific $53,817,000,000 $45,009,000,000 $36,154,000,000 $27,760,000,000 $26,739,000,000 $19,848,000,000 $15,406,000,000 $11,733,000,000
Europe $46,569,000,000 $38,361,000,000 $31,210,000,000 $26,681,000,000 $29,057,000,000 $20,349,000,000 $16,826,000,000 $13,631,000,000
Rest of World $21,714,000,000 $17,924,000,000 $14,650,000,000 $12,018,000,000 $10,592,000,000 $7,335,000,000 $6,259,000,000 $4,747,000,000
China — $18,350,000,000 $13,690,000,000 $7,400,000,000 $7,590,000,000 — — —

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Advertising $196,175,000,000 $160,633,000,000 $131,948,000,000 $113,642,000,000 $229,868,000,000 $84,169,000,000 $69,655,000,000 $55,013,000,000
Service Other $2,584,000,000 $1,722,000,000 $1,058,000,000 $808,000,000 $1,442,000,000 $1,796,000,000 $1,042,000,000 $825,000,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Family of Apps $102,469,000,000 $87,109,000,000 $62,871,000,000 $42,661,000,000 $56,946,000,000 $39,294,000,000 $28,489,000,000
Reality Labs -$19,193,000,000 -$17,729,000,000 -$16,120,000,000 -$13,717,000,000 -$10,193,000,000 -$6,623,000,000 —
Reality Labs — — — — — — -$4,503,000,000

Operating Margin by Segment (%)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Family of Apps 51.6% 53.7% 47.3% 37.3% 49.2% 46.3% 40.6%
Reality Labs -869.6% -826.1% -850.2% -635.3% -448.2% -581.5% —
Key facts CIK 1326801 CUSIP 30303M102 13F (30d) 1323 filings 1271 filers Visit website Investor relations