Meta Platforms, Inc. (META) Financial Statements
Industry: Computer Programming, Data Processing, Etc. (Services)
In fiscal 2025, Meta Platforms reported revenue of $200.97B, up 22.2% from $164.50B the year before. Net income was $60.46B (a 30.1% net margin), or $23.49 per diluted share. Gross margin was 82.0% and operating margin was 41.4%. Operating activities generated $115.80B of cash, leaving $46.11B of free cash flow. At fiscal year end, Meta Platforms held $366.02B in total assets against $148.78B in total liabilities, including $35.87B of cash and equivalents.
Open the full interactive Meta Platforms financials → Quarterly statements, key ratios, valuation history and price charts.
Meta Platforms Key Stats
| Share Price | $762.50 |
|---|---|
| Market Cap | $1.96T |
| P/E Ratio | 32.5 |
| Dividend Yield | 0.27% |
| Revenue YoY Growth | +22.2% |
| 52-Week Range | $524.82 – $777.59 |
| Shares Outstanding | 2.54 billion (basic, 2026 Q2) |
Meta Platforms Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $85.97B | $117.93B | $116.61B | $134.90B | $164.50B | $200.97B |
| Cost of Goods Sold | $53.29B | $71.18B | $87.67B | $88.15B | $95.12B | $117.69B |
| Gross Profit | $69.27B | $95.28B | $91.36B | $108.94B | $134.34B | $164.79B |
| Operating Income | $32.67B | $46.75B | $28.94B | $46.75B | $69.38B | $83.28B |
| Pre-Tax Income | $33.18B | $47.28B | $28.82B | $47.43B | $70.66B | $85.93B |
| Income Tax | $4.03B | $7.91B | $5.62B | $8.33B | $8.30B | $25.47B |
| Net Income | $29.15B | $39.37B | $23.20B | $39.10B | $62.36B | $60.46B |
| Diluted EPS | $10.09 | $13.77 | $8.59 | $14.87 | $23.86 | $23.49 |
Meta Platforms Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $51.24B | $59.89B | $56.31B | $60.80B |
| Net Income | $2.71B | $22.77B | $26.77B | $15.85B |
| Diluted EPS | $1.05 | $8.85 | $10.44 | $6.18 |
Meta Platforms Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $17.58B | $16.60B | $14.68B | $41.86B | $43.89B | $35.87B |
| Current Assets | $75.67B | $66.67B | $59.55B | $85.36B | $100.05B | $108.72B |
| Total Assets | $159.32B | $165.99B | $185.73B | $229.62B | $276.05B | $366.02B |
| Current Liabilities | $14.98B | $21.14B | $27.03B | $31.96B | $33.60B | $41.84B |
| Total Long-Term Debt | — | — | $9.92B | $18.39B | $28.83B | $58.74B |
| Total Liabilities | $31.03B | $41.11B | $60.01B | $76.45B | $93.42B | $148.78B |
| Shareholders' Equity | $128.29B | $124.88B | $125.71B | $153.17B | $182.64B | $217.24B |
Meta Platforms Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $38.75B | $57.68B | $50.48B | $71.11B | $91.33B | $115.80B |
| Cash From Investing | -$30.06B | -$7.57B | -$28.97B | -$24.50B | -$47.15B | -$102.00B |
| Cash From Financing | -$10.29B | -$50.73B | -$22.14B | -$19.50B | -$40.78B | -$20.37B |
| Free Cash Flow | $23.63B | $39.12B | $19.04B | $43.85B | $54.07B | $46.11B |
| Dividends Paid | — | — | — | — | $5.07B | $5.32B |
Figures from Meta Platforms' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Meta Platforms financials page for every line item.
Meta Platforms Company Profile
| Ticker | META |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Programming, Data Processing, Etc. (Services) |
| Headquarters | Menlo Park, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001326801 |
Frequently Asked Questions
What was Meta Platforms' revenue in fiscal 2025?
Meta Platforms (META) reported revenue of $200.97B for fiscal 2025.
What is Meta Platforms' annual revenue history?
Meta Platforms' annual revenue by fiscal year: 2020: $85.97B; 2021: $117.93B; 2022: $116.61B; 2023: $134.90B; 2024: $164.50B; 2025: $200.97B.
What was Meta Platforms' net income in fiscal 2025?
Meta Platforms reported net income of $60.46B for fiscal 2025.
What was Meta Platforms' earnings per share (EPS) in fiscal 2025?
Meta Platforms' diluted EPS was $23.49 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Meta Platforms generate in fiscal 2025?
Meta Platforms generated $46.11B of free cash flow in fiscal 2025.
What was Meta Platforms' revenue last quarter?
In its most recent reported quarter (2026 Q2), Meta Platforms reported revenue of $60.80B.
How much debt does Meta Platforms have?
Meta Platforms reported $58.74B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Meta Platforms are outstanding?
Meta Platforms reported a weighted average of 2.54 billion basic shares outstanding in 2026 Q2.
What is Meta Platforms' market cap?
Based on its latest closing price, Meta Platforms (META) has a market capitalization of about $1.96T.
When does Meta Platforms' fiscal year end?
Meta Platforms' fiscal year end, as registered with the SEC, is December 31.
Where is Meta Platforms headquartered?
Meta Platforms lists its business address in Menlo Park, California in its SEC filings.