Meta Platforms, Inc.

Listed Company

METACIK 0001326801NasdaqLarge AcceleratedServices-Computer Programming, Data Processing, Etc.DelawareFY ends Dec 31

Period

FY 2025

Revenue

$200.97B

Net Income

$60.46B

Total Assets

$366.02B

Equity

$217.24B

Shares Out

—

Op. Cash Flow

$115.80B

Business

Meta Platforms, Inc. builds technologies that enable people to connect, share, discover, and conduct business across digital and immersive platforms. Products include social and messaging apps (Facebook, Instagram, Messenger, WhatsApp, Threads), advertising and AI tools, and immersive hardware such as Meta Quest headsets and Ray-Ban Meta AI glasses. It reports results in two segments: Family of Apps (apps and advertising) and Reality Labs (metaverse, wearables, hardware and software R&D). Meta distributes globally via mobile and web apps, app stores, partners and retailers, a global sales force, self-service ad tools, and direct-to-consumer channels.

Summary from filing dated 2025-01-30

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	200,966	164,501	134,902	116,609	117,929
Cost of revenue	36,175	30,161	25,959	25,249	22,649
Research and development	57,372	43,873	38,483	35,338	24,655
Marketing and sales	11,991	11,347	12,301	15,262	14,043
General and administrative	12,152	9,740	11,408	11,816	9,829
Total costs and expenses	117,690	95,121	88,151	87,665	71,176
Income (loss) from operations	83,276	69,380	46,751	28,944	46,753
Interest and other income, net	2,656	1,283	677	−125	531
Income before provision for income taxes	85,932	70,663	47,428	28,819	47,284
Provision for income taxes	25,474	8,303	8,330	5,619	7,914
Net income	60,458	62,360	39,098	23,200	39,370
Basic (in dollars per share)	23.98	24.61	15.19	8.63	13.99
Diluted (in dollars per share)	23.49	23.86	14.87	8.59	13.77
Basic (in shares)	2,521	2,534	2,574	2,687	2,815
Diluted (in shares)	2,574	2,614	2,629	2,702	2,859

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	35,873	43,889	41,862	14,681	16,601
Marketable securities	45,719	33,926	23,541	26,057	31,397
Accounts receivable, net	19,769	16,994	16,169	13,466	14,039
Prepaid expenses and other current assets	7,361	5,236	3,793	5,345	4,629
Total current assets	108,722	100,045	85,365	59,549	66,666
Non-marketable equity investments	27,524	6,070	6,141	6,201	6,775
Property and equipment, net	176,400	121,346	96,587	79,518	57,809
Operating lease right-of-use assets	20,404	14,922	13,294	12,673	12,155
Goodwill	24,534	20,654	20,654	20,306	19,197
Other assets	8,437	13,017	7,582	6,583	2,751
Total assets	366,021	276,054	229,623	185,727	165,987
Accounts payable	8,894	7,687	4,849	4,990	4,083
Operating lease liabilities, current	2,213	1,942	1,623	1,367	1,127
Accrued expenses and other current liabilities	30,729	23,967	25,488	19,552	14,873
Total current liabilities	41,836	33,596	31,960	27,026	21,135
Operating lease liabilities, non-current	22,940	18,292	17,226	15,301	12,746
Long-term debt	58,744	28,826	18,385	9,923	0
Long-term income taxes	21,005	9,987	7,514	—	—
Other liabilities	4,253	2,716	1,370	7,764	7,227
Total liabilities	148,778	93,417	76,455	60,014	41,108
Commitments and contingencies	—	—	—	—	—
Common stock, $0.000006 par value; 5,000 million Class A shares authorized, 2,187 million and 2,190 million shares issued and outstanding, as of December 31, 2025 and 2024, respectively; 4,141 million Class B shares authorized, 343 million and 344 million shares issued and outstanding, as of December 31, 2025 and 2024, respectively	0	0	0	0	0
Additional paid-in capital	95,793	83,228	73,253	64,444	55,811
Accumulated other comprehensive income (loss)	271	−3,097	−2,155	−3,530	−693
Retained earnings	121,179	102,506	82,070	64,799	69,761
Total stockholders' equity	217,243	182,637	153,168	125,713	124,879
Total liabilities and stockholders' equity	366,021	276,054	229,623	185,727	165,987

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	18,616	15,498	11,178	8,686	7,967
Share-based compensation	20,427	16,690	14,027	11,992	9,164
Deferred income taxes	18,738	−4,738	131	−3,286	—
Unrealized (gain) loss on equity investments	−1,138	−53	102	—	—
Impairment charges for facilities consolidation	0	383	2,432	2,220	0
Other	−416	140	309	641	−127
Accounts receivable	−1,815	−1,485	−2,399	231	−3,110
Prepaid expenses and other current assets	−89	−698	559	162	−1,750
Other assets	−481	−270	−80	−106	−349
Accounts payable	−14	373	51	210	1,436
Accrued expenses and other current liabilities	1,077	323	5,081	4,300	3,544
Other liabilities	437	2,805	624	886	941
Net cash provided by operating activities	115,800	91,328	71,113	50,475	57,683
Purchases of property and equipment	−69,691	−37,256	−27,045	−31,186	−18,690
Purchases of marketable securities	−36,929	−25,542	−2,982	−9,626	—
Sales and maturities of marketable securities	26,874	15,789	6,184	13,158	—
Payments for held-for-sale assets	−2,432	0	0	—	—
Proceeds from Venture distribution	2,554	0	0	—	—
Purchases of non-marketable equity investments	−18,330	−11	−1	−5	−47
Acquisitions of businesses and intangible assets	−4,231	−270	−629	−1,312	−851
Other investing activities	182	140	−22	−4	−331
Net cash used in investing activities	−102,003	−47,150	−24,495	−28,970	−7,570
Taxes paid related to net share settlement of equity awards	−18,400	−13,770	−7,012	−3,595	−5,515
Repurchases of Class A common stock	−26,248	−30,125	−19,774	−27,956	−44,537
Payments for dividends and dividend equivalents	−5,324	−5,072	0	0	—
Proceeds from issuance of long-term debt, net	29,906	10,432	8,455	9,921	0
Principal payments on finance leases	−2,524	−1,969	−1,058	−850	−677
Other financing activities	2,220	−277	−111	344	1
Net cash used in financing activities	−20,370	−40,781	−19,500	−22,136	−50,728
Effect of exchange rate changes on cash, cash equivalents, and restricted cash equivalents	235	−786	113	−638	−474
Net increase (decrease) in cash, cash equivalents, and restricted cash equivalents	−6,338	2,611	27,231	−1,269	−1,089
Cash paid for income taxes, net	7,578	10,554	6,607	6,407	8,525
Cash paid for interest, net of amounts capitalized	696	486	448	0	0
Property and equipment in accounts payable and accrued expenses and other current liabilities	9,331	7,127	4,105	3,319	3,404
Acquisition of businesses and intangible assets in accounts payable, accrued expenses and other current liabilities, and other liabilities	2,659	172	119	291	—

Filings

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Frequently asked questions

What is Meta Platforms, Inc.'s CIK number?

Meta Platforms, Inc.'s SEC CIK number is 0001326801 (1326801). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Meta Platforms, Inc.'s SEC filings?

All of Meta Platforms, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Meta Platforms, Inc. last report earnings?

Meta Platforms, Inc. (META) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028364). This is Meta Platforms, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Meta Platforms, Inc.'s most recent earnings 8-K?

Meta Platforms, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0001628280-26-028364. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Meta Platforms, Inc.'s latest earnings 8-K →
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