META
$762.50+2.63%
as of close, Oct 13, 2026
☾ AH $762.50 +2.63%
Meta Platforms Inc.Stock · Communication ServicesNasdaq Composite 3.0%Nasdaq-100 2.6%S&P 500 1.9%Russell 1000 1.8%US Stock Market 1.7%Russell 3000 1.7%MSCI World 1.5%MSCI ACWI 1.2%S&P 500 Equal Weight 0.2%
META financial statements
The full income statement, balance sheet, and cash-flow statement for Meta Platforms Inc. (META), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 2.53B2024-09 2.52B2024-12 2.53B2025-03 2.51B2025-06 2.51B2025-09 2.52B2025-12 2.53B2026-03 2.54B2026-06 2.55B+0.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 201B+22.2% | 165B+21.9% | 135B+15.7% | 117B-1.1% | 118B+37.2% | |
| Cost of revenue | 36.2B+19.9% | 30.2B+16.2% | 26.0B+2.8% | 25.2B+11.5% | 22.6B+35.7% | |
| Research & development | 57.4B+30.8% | 43.9B+14.0% | 38.5B+8.9% | 35.3B+43.3% | 24.7B+33.7% | |
| Selling, general & administrative | 12.2B+24.8% | 9.74B-14.6% | 11.4B-3.5% | 11.8B+20.2% | 9.83B+49.7% | |
| General & administrative | 12.2B+24.8% | 9.74B-14.6% | 11.4B-3.5% | 11.8B+20.2% | 9.83B+49.7% | |
| Selling & marketing | 12.0B+5.7% | 11.3B-7.8% | 12.3B-19.4% | 15.3B+8.7% | 14.0B+21.2% | |
| Amortization of intangibles | 615M+191.5% | 211M+31.1% | 161M-13.0% | 185M-54.5% | 407M-14.0% | |
| Operating income | 83.3B+20.0% | 69.4B+48.4% | 46.8B+61.5% | 28.9B-38.1% | 46.8B+43.1% | |
| Interest expense | 1.17B+62.9% | 715M+60.3% | 446M+141.1% | 185M+704.3% | 23.0M | |
| Interest & investment income | 2.12B-15.7% | 2.52B+53.6% | 1.64B+255.5% | 461M-4.8% | 484M | |
| Other non-operating income | 1.35B+687.1% | 171M+214.0% | -150M+53.1% | -320M-252.4% | 210M+717.6% | |
| Gain (loss) on equity securities | 413M | — | — | -463M-299.6% | 232M+803.0% | |
| Pre-tax income | 85.9B+21.6% | 70.7B+49.0% | 47.4B+64.6% | 28.8B-39.1% | 47.3B+42.5% | |
| Income tax | 25.5B+206.8% | 8.30B-0.3% | 8.33B+48.2% | 5.62B-29.0% | 7.91B+96.2% | |
| Net income | 60.5B-3.1% | 62.4B+59.5% | 39.1B+68.5% | 23.2B-41.1% | 39.4B+35.1% | |
| $23.49-1.6% | $23.86+60.5% | $14.87+73.1% | $8.59-37.6% | $13.77+36.5% | ||
| EPS (basic) | $23.98-2.6% | $24.61+62.0% | $15.19+76.0% | $8.63-38.3% | $13.99+36.9% | |
| Weighted-avg shares (basic) | 2.52B-0.5% | 2.53B-1.6% | 2.57B-4.2% | 2.69B-4.5% | 2.81B-1.3% | |
| Weighted-avg shares (diluted) | 2.57B-1.5% | 2.61B-0.6% | 2.63B-2.7% | 2.70B-5.5% | 2.86B-1.0% | |
| Dividends per share | $2.10+5.0% | $2.00 | — | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 109B+8.7% | 100B+17.2% | 85.4B+43.4% | 59.5B-10.7% | 66.7B-11.9% | ||
| Cash & equivalents | 35.9B-18.3% | 43.9B+4.8% | 41.9B+185.1% | 14.7B-11.6% | 16.6B-5.5% | |
| Short-term investments | 45.7B+34.8% | 33.9B+44.1% | 23.5B-9.7% | 26.1B-17.0% | 31.4B | |
| Accounts receivable | 19.8B+16.3% | 17.0B+5.1% | 16.2B+20.1% | 13.5B-4.1% | 14.0B+23.9% | |
| Prepaid expenses | 7.36B+40.6% | 5.24B+38.0% | 3.79B-29.0% | 5.34B+15.5% | 4.63B+94.4% | |
| 366B+32.6% | 276B+20.2% | 230B+23.6% | 186B+11.9% | 166B+4.2% | ||
| Operating lease right-of-use | 20.4B+36.7% | 14.9B+12.2% | 13.3B+4.9% | 12.7B+4.3% | 12.2B+30.0% | |
| Goodwill | 24.5B+18.8% | 20.7B+0.0% | 20.7B+1.7% | 20.3B+5.8% | 19.2B+0.8% | |
| Intangible assets | 3.69B+303.5% | 915M+16.1% | 788M-12.2% | 897M+41.5% | 634M+1.8% | |
| Other non-current assets | 8.44B-35.2% | 13.0B+71.7% | 7.58B+15.2% | 6.58B+139.3% | 2.75B-0.3% | |
| 41.8B+24.5% | 33.6B+5.1% | 32.0B+18.3% | 27.0B+27.9% | 21.1B+41.1% | ||
| Accounts payable | 8.89B+15.7% | 7.69B+58.5% | 4.85B-2.8% | 4.99B+22.2% | 4.08B+206.8% | |
| Accrued liabilities | 30.7B+28.2% | 24.0B-6.0% | 25.5B+30.4% | 19.6B+31.5% | 14.9B+33.4% | |
| Deferred revenue | — | 721M+15.2% | 626M+29.9% | 482M-6.8% | 517M+35.3% | |
| Current lease liability | 2.21B+14.0% | 1.94B+19.7% | 1.62B+18.7% | 1.37B+21.3% | 1.13B+10.2% | |
| Finance lease liability (current) | 308M+305.3% | 76.0M-15.6% | 90.0M-30.2% | 129M+72.0% | 75.0M+38.9% | |
| 149B+59.3% | 93.4B+22.2% | 76.5B+27.4% | 60.0B+46.0% | 41.1B+32.5% | ||
| Long-term debt | 58.7B+103.8% | 28.8B+56.8% | 18.4B+85.3% | 9.92B | 0.00 | |
| Non-current lease liability | 22.9B+25.4% | 18.3B+6.2% | 17.2B+12.6% | 15.3B+20.0% | 12.7B+32.3% | |
| Operating lease liability (total) | 25.2B+24.3% | 20.2B+7.3% | 18.8B+13.1% | 16.7B+20.1% | 13.9B+30.2% | |
| Finance lease liability (total) | 1.18B+67.0% | 709M+2.8% | 690M+0.4% | 687M+18.2% | 581M+11.1% | |
| Finance lease liability | 876M+38.4% | 633M+5.5% | 600M+7.5% | 558M+10.3% | 506M+7.9% | |
| Other non-current liabilities | 4.25B+56.6% | 2.72B+98.2% | 1.37B-82.4% | 7.76B+7.4% | 7.23B+12.7% | |
| 217B+18.9% | 183B+19.2% | 153B+21.8% | 126B+0.7% | 125B-2.7% | ||
| Common stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 95.8B+15.1% | 83.2B+13.6% | 73.3B+13.7% | 64.4B+15.5% | 55.8B+11.6% | |
| Retained earnings | 121B+18.2% | 103B+24.9% | 82.1B+26.7% | 64.8B-7.1% | 69.8B-9.8% | |
| Accumulated other comprehensive income | 271M+108.8% | -3.10B-43.7% | -2.15B+39.0% | -3.53B-409.4% | -693M-174.8% | |
| Total liabilities & equity | 366B+32.6% | 276B+20.2% | 230B+23.6% | 186B+11.9% | 166B+4.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 116B+26.8% | 91.3B+28.4% | 71.1B+40.9% | 50.5B-12.5% | 57.7B+48.9% | ||
| Depreciation & amortization | 18.6B+20.1% | 15.5B+38.6% | 11.2B+28.7% | 8.69B+9.0% | 7.97B+16.1% | |
| Intangible amortization | 615M+191.5% | 211M+31.1% | 161M-13.0% | 185M-54.5% | 407M-14.0% | |
| Share-based compensation | 20.4B+22.4% | 16.7B+19.0% | 14.0B+17.0% | 12.0B+30.9% | 9.16B+40.2% | |
| Deferred income taxes | 18.8B+495.9% | -4.74B-3716.0% | 131M+104.0% | -3.28B-638.1% | 609M+151.1% | |
| Change in receivables | 1.81B+22.2% | 1.49B-38.1% | 2.40B+1138.5% | -231M-107.4% | 3.11B+105.7% | |
| -102B-116.3% | -47.1B-92.5% | -24.5B+15.4% | -29.0B-282.7% | -7.57B+74.8% | ||
| Capital expenditure | 69.7B+87.1% | 37.3B+37.8% | 27.0B-13.3% | 31.2B+66.9% | 18.7B+23.3% | |
| Free cash flow | 46.1B-14.7% | 54.1B+22.7% | 44.1B+128.5% | 19.3B-50.5% | 39.0B+65.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | — | — | — | 2.08B-81.0% | 10.9B-21.9% | |
| Proceeds from sale of PP&E | — | — | 221M-9.8% | 245M+99.2% | 123M+156.3% | |
| Other investing activities | -182M-30.0% | -140M-736.4% | 22.0M+450.0% | 4.00M-98.8% | 331M+819.4% | |
| -20.4B+50.1% | -40.8B-109.1% | -19.5B+11.9% | -22.1B+56.4% | -50.7B-392.9% | ||
| Long-term debt issued | 29.9B+186.7% | 10.4B+23.4% | 8.46B-14.8% | 9.92B | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 26.2B-12.9% | 30.1B+52.3% | 19.8B-29.3% | 28.0B-37.2% | 44.5B+610.1% | |
| Dividends paid | 5.32B+5.0% | 5.07B | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 2.22B+901.4% | -277M-149.5% | -111M-132.3% | 344M+34300.0% | 1.00M-99.3% | |
| FX effect on cash | 235M+129.9% | -786M-795.6% | 113M+117.7% | -638M-34.6% | -474M-269.9% | |
| Net change in cash | -6.34B-342.7% | 2.61B-90.4% | 27.2B+2245.9% | -1.27B-16.5% | -1.09B+17.8% | |
| Interest paid | 696M+43.2% | 486M+8.5% | 448M | 0.00 | 0.00 | |
| Income taxes paid | 7.58B-28.2% | 10.6B+59.7% | 6.61B+3.1% | 6.41B-24.8% | 8.53B+101.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.67T+12.6% | 1.48T+63.1% | 910B+185.1% | 319B-65.1% | 916B+17.7% | |
| P/E | 27.6×+16.1% | 23.8×-22.2% | 30.6×+176.4% | 11.1×-52.4% | 23.3×-12.9% | |
| P/S | 8.3×-7.9% | 9.0×+25.9% | 7.2×+165.2% | 2.7×-65.2% | 7.8×-14.2% | |
| P/B | 7.7×-5.4% | 8.1×+27.6% | 6.4×+147.6% | 2.6×-64.9% | 7.3×+20.9% | |
| P/FCF | 36.2×+32.0% | 27.4×+14.5% | 24.0×+97.3% | 12.1×-48.3% | 23.5×-28.8% | |
| Earnings yield | 3.6%-13.9% | 4.2%+28.6% | 3.3%-63.8% | 9.0%+110.1% | 4.3%+14.8% | |
| FCF yield | 2.8%-24.2% | 3.6%-12.7% | 4.2%-49.3% | 8.2%+93.4% | 4.3%+40.5% | |
| Dividend yield | 0.32%-6.9% | 0.34% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: META’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all META filings on SEC EDGAR → Not investment advice.