M 
Meta Platforms META · USD
Communication Services · Interactive Media & Services · US listing · 🇺🇸 United States
S&P 500Nasdaq-100
610.15
+0.84%
Close of 6 Nov 2026, in USD
At a glance
Figures in USD, from our data supplier.
Revenue
$200.97bn
FY2016FY2025
Net income
$60.46bn
FY2016FY2025
Free cash flow
$46.11bn
FY2016FY2025
Shareholders' equity
$217.24bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $200.97bn | $164.50bn | $134.90bn | $116.61bn | $117.93bn | $85.97bn | $70.70bn | $55.84bn | $40.65bn | $27.64bn |
| Gross profit | $164.79bn | $134.34bn | $108.94bn | $91.36bn | $95.28bn | $69.27bn | $57.93bn | $46.48bn | $35.20bn | $23.85bn |
| Research and development | $57.37bn | $43.87bn | $38.48bn | $35.34bn | $24.66bn | $18.45bn | $13.60bn | $10.27bn | $7.75bn | $5.92bn |
| Operating income | $83.28bn | $69.38bn | $46.75bn | $28.94bn | $46.75bn | $32.67bn | $23.99bn | $24.91bn | $20.20bn | $12.43bn |
| Net income | $60.46bn | $62.36bn | $39.10bn | $23.20bn | $39.37bn | $29.15bn | $18.48bn | $22.11bn | $15.93bn | $10.22bn |
| Diluted earnings per share | 23.49 | 23.86 | 14.87 | 8.79 | 14.07 | 10.07 | 6.44 | 7.66 | 5.39 | 3.48 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $366.02bn | $276.05bn | $229.62bn | $185.73bn | $165.99bn | $159.32bn | $133.38bn | $97.33bn | $84.52bn | $64.96bn |
| Cash and short-term investments | $81.59bn | $77.81bn | $65.40bn | $40.74bn | $48.00bn | $61.95bn | $54.85bn | $41.11bn | $41.71bn | $29.45bn |
| Total liabilities | $148.78bn | $93.42bn | $76.45bn | $60.01bn | $41.11bn | $31.03bn | $32.32bn | $13.21bn | $10.18bn | $5.77bn |
| Debt | $58.74bn | $29.54bn | $19.07bn | $10.61bn | $581.0m | $523.0m | $473.0m | — | — | — |
| Shareholders' equity | $217.24bn | $182.64bn | $153.17bn | $125.71bn | $124.88bn | $128.29bn | $101.05bn | $84.13bn | $74.35bn | $59.19bn |
| Shares outstanding | 2,574m | 2,614m | 2,630m | 2,640m | 2,799m | 2,893m | 2,871m | 2,886m | 2,954m | 2,938m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $115.80bn | $91.33bn | $71.11bn | $50.48bn | $57.68bn | $38.75bn | $36.31bn | $29.27bn | $24.22bn | $16.11bn |
| Capital spending | −$69.69bn | −$37.26bn | −$27.27bn | −$31.43bn | −$18.57bn | −$15.12bn | −$15.10bn | −$13.91bn | −$6.73bn | −$4.49bn |
| Free cash flow | $46.11bn | $54.07bn | $43.85bn | $19.04bn | $39.12bn | $23.63bn | $21.21bn | $15.36bn | $17.48bn | $11.62bn |
| Dividends paid | −$5.32bn | −$5.07bn | — | — | — | — | −$2.34bn | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $60.80bn | $56.31bn | $59.89bn | $51.24bn | $47.52bn | $42.31bn | $48.38bn | $40.59bn |
| Gross profit | $49.47bn | $46.09bn | $48.99bn | $42.04bn | $39.02bn | $34.74bn | $39.55bn | $33.21bn |
| Operating income | $18.77bn | $22.87bn | $24.75bn | $20.54bn | $20.54bn | $17.55bn | $23.36bn | $17.35bn |
| Net income | $15.85bn | $26.77bn | $22.77bn | $2.71bn | $18.34bn | $16.64bn | $20.84bn | $15.69bn |
| Diluted earnings per share | 6.18 | 10.43 | 8.85 | 1.05 | 7.12 | 6.47 | 7.97 | 6.00 |
| Cash from operations | $31.86bn | $32.23bn | $36.21bn | $30.00bn | $25.56bn | $24.03bn | $27.99bn | $24.72bn |
| Capital spending | −$30.12bn | −$19.00bn | −$21.38bn | −$18.83bn | −$16.54bn | −$12.94bn | −$14.43bn | −$8.26bn |
| Free cash flow | $1.75bn | $13.23bn | $14.83bn | $11.17bn | $9.02bn | $11.09bn | $13.56bn | $16.47bn |
| Total assets | $449.96bn | $395.25bn | $366.02bn | $303.84bn | $294.74bn | $280.21bn | $276.05bn | $256.41bn |
| Cash and short-term investments | $90.26bn | $81.18bn | $81.59bn | $44.45bn | $47.07bn | $70.23bn | $77.81bn | $70.90bn |
| Debt | $86.09bn | $61.16bn | $60.96bn | $30.95bn | $30.81bn | $30.80bn | $30.77bn | $30.84bn |
| Shareholders' equity | $261.22bn | $243.68bn | $217.24bn | $194.07bn | $195.07bn | $185.03bn | $182.64bn | $164.53bn |
Financial ratios
Data as of 29 Aug 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 82.0% | 81.7% | 80.8% | 78.3% | 80.8% | 80.6% |
| Operating margin | 41.4% | 42.2% | 34.7% | 24.8% | 39.6% | 38.0% |
| Net margin | 30.1% | 37.9% | 29.0% | 19.9% | 33.4% | 33.9% |
| Return on equity | 27.8% | 34.1% | 25.5% | 18.5% | 31.5% | 22.7% |
| Return on assets | 16.5% | 22.6% | 17.0% | 12.5% | 23.7% | 18.3% |
| Free cash flow yield | 12.5% | 8.5% | 6.5% | 5.4% | 4.7% | 3.2% |
| Revenue growth | 22.2% | 21.9% | 15.7% | -1.1% | 37.2% | 21.6% |
| Earnings growth | -3.1% | 59.5% | 68.5% | -41.1% | 35.1% | 57.7% |
| Current ratio | 2.60x | 2.98x | 2.67x | 2.20x | 3.15x | 5.05x |
| Debt to equity | 0.28x | 0.17x | 0.13x | 0.09x | 0.01x | 0.01x |
| Equity ratio | 59.4% | 66.2% | 66.7% | 67.7% | 75.2% | 80.5% |
| Interest coverage | 71.48x | 97.03x | 104.82x | 156.45x | 101.42x | 48.62x |
| R&D as a share of sales | 28.5% | 26.7% | 28.5% | 30.3% | 20.9% | 21.5% |
| Buybacks as a share of market value | 1.5% | 0.6% | 0.4% | 5.7% | 3.2% | -0.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.9% | 18.5% | 27.3% |
| Operating income | 42.2% | 20.6% | 29.6% |
| Net income | 37.6% | 15.7% | 32.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 81.8% | 80.9% | 80.9% | 81.5% |
| Operating margin | 41.8% | 37.0% | 37.5% | 38.3% |
| Net margin | 33.6% | 30.0% | 30.9% | 31.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 28.1 | 24.5 | 23.8 | 13.7 | 23.9 | 27.1 | 31.9 | 17.1 | 32.7 | 33.1 |
| Price to sales | 8.4 | 9.3 | 6.9 | 2.7 | 8.0 | 9.2 | 8.3 | 6.8 | 12.8 | 12.2 |
Market value over time
30 Sept 2016 to 27 Aug 2026, in USD
$375.96bn$1.47trn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 11% | 70% | 206% | -65% | 19% | 32% | 55% | -25% | 49% | 17% |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 21 Sept 2026.
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Paid in the year | 1.575 | 2.10 | 2.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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